Jefferson, IA


Highest Appreciating Jefferson Neighborhoods Since 2000

Jefferson, IA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Jefferson Housing Market Information

With 4,204 people, 1,904 houses or apartments, and a median cost of homes of $149,878, Jefferson real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Jefferson, accounting for 78.56% of the city's housing units. Other types of housing that are prevalent in Jefferson include duplexes, homes converted to apartments or other small apartment buildings ( 10.40%), large apartment complexes or high rise apartments ( 9.59%), and a few mobile homes or trailers ( 1.09%).

Dwellings in Jefferson tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 49.16% of the homes in Jefferson have two or fewer bedrooms.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Jefferson's housing was primarily built during this period, from the '40s through the '60s. A full 34.08% of the city's housing hails from this era. Other housing ages represented in Jefferson include homes built between 1970-1999 ( 32.89%) and housing constructed before 1939 ( 26.76%). There's also some housing in Jefferson built between 2000 and later ( 6.27%).

Vacant housing appears to be an issue in Jefferson. Fully 13.49% of the housing stock is classified as vacant. Left unchecked, vacant Jefferson homes and apartments can be a drag on the real estate market, holding Jefferson real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Jefferson Home Appreciation Rates

In the last 10 years, Jefferson has experienced some of the highest home appreciation rates of any community in the nation. Jefferson real estate appreciated 25.41% over the last ten years, which is an average annual home appreciation rate of 2.29%, putting Jefferson in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Jefferson definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Jefferson that despite a nationwide downturn in the housing market, Jefferson real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Jefferson appreciation rates continue to be some of the highest in America, at 16.91%, which is higher than appreciation rates in 99.63% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Jefferson. Jefferson appreciation rates in the latest quarter were at 0.99%, which equates to an annual appreciation rate of 4.00%.

Relative to Iowa, our data show that Jefferson's latest annual appreciation rate is higher than 90% of the other cities and towns in Iowa.

Average Home Values


Median Home Value:


Value Range
> $1,241,000 0.0
$931,001 - $1,241,000 0.0
$621,001 - $931,000 0.6
$496,001 - $621,000 2.1
$372,001 - $496,000 1.6
$249,001 - $372,000 12.5
$124,001 - $249,000 31.2
$62,001 - $124,000 36.2
$0 - $62,000 15.8

High for IA
Average for Nation

Value Relative to Nation Value Relative to State
50.0351576233447 31.6049382716049

Number Of Homes And Apartments:

Jefferson Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
49.19% 2.35% 6 6
* 10 is highest

Rent & Ownership


Average Market Rent:
$665 / per month

Homeownership Rate

Owners 69.70
Renters 30.30
Vacant 13.49

Housing Market Details


Age of Homes

AGE OF Jefferson HOMES
2000 or Newer 6.3
1970 - 1999 32.9
1940 - 1969 34.1
1939 or Older 26.8

Types of Homes

Single-Family 78.6
Townhomes 0.4
Small Apt. Buildings 10.4
Apt. Complexes 9.6
Mobile Homes 1.1
Other 0.0

Home Size

No Bedroom 3.32
1 Bedroom 9.72
2 Bedrooms 36.12
3 Bedrooms 29.26
4 Bedrooms 18.67
5 or more bedrooms 2.91

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Zip Codes in Jefferson, IA