Jefferson City, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Jefferson City Neighborhoods Since 2000




Jefferson City, MO 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 City Housing Market Information

With a population of 43,147, 16,884 total housing units (homes and apartments), and a median house value of $144,129, Jefferson City 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 City, accounting for 63.81% of the city's housing units. Other types of housing that are prevalent in Jefferson City include large apartment complexes or high rise apartments ( 19.00%), duplexes, homes converted to apartments or other small apartment buildings ( 13.42%), and a few row houses and other attached homes ( 2.69%).

The most prevalent building size and type in Jefferson City are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 51.92% owning and 48.08% renting.

There is a lot of housing in Jefferson City built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Jefferson City built between 1940-1969 ( 32.95%). A lesser amount of the housing stock also hails from before 1939 ( 13.21%). There's also some housing in Jefferson City built between 2000 and later ( 10.63%).

Vacant housing appears to be an issue in Jefferson City. Fully 10.34% of the housing stock is classified as vacant. Left unchecked, vacant Jefferson City homes and apartments can be a drag on the real estate market, holding Jefferson City 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 City Home Appreciation Rates

Appreciation rates for homes in Jefferson City have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.61%, which ranks in the top 40% nationwide. This equates to an annual average Jefferson City house appreciation rate of 0.55%.

Over the last year, Jefferson City appreciation rates have trailed the rest of the nation. In the last twelve months, Jefferson City's appreciation rate has been 0.81%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Jefferson City were at -0.34%, which equates to an annual appreciation rate of -1.36%.

Relative to Missouri, our data show that Jefferson City's latest annual appreciation rate is lower than 80% of the other cities and towns in Missouri.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Jefferson City differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Jefferson City - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Jefferson City real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$144,129

Jefferson City, MO HOME PRICES

Value Range
> $1,031,000 0.1
$773,001 - $1,031,000 0.5
$516,001 - $773,000 1.3
$412,001 - $516,000 1.8
$309,001 - $412,000 4.5
$206,001 - $309,000 15.9
$103,001 - $206,000 48.4
$52,001 - $103,000 22.8
$0 - $52,000 4.7

High for MO
Average for Nation

Value Relative to Nation Value Relative to State
52.6866283839213 33.5

Number Of Homes And Apartments:
16,884

Jefferson City Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MO*
Compared To
America*
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
27.09% 1.40% 4 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$781 / per month

Homeownership Rate

Homeownership
Owners 51.92
Renters 48.08
Vacant 10.34

Housing Market Details

 

Age of Homes

AGE OF Jefferson City HOMES
2000 or Newer 10.6
1970 - 1999 43.2
1940 - 1969 32.9
1939 or Older 13.2

Types of Homes

TYPE OF Jefferson City HOMES
Single-Family 63.8
Townhomes 2.7
Small Apt. Buildings 13.4
Apt. Complexes 19.0
Mobile Homes 1.1
Other 0.0

Home Size

SIZE OF Jefferson City HOMES
No Bedroom 2.48
1 Bedroom 10.26
2 Bedrooms 30.32
3 Bedrooms 38.70
4 Bedrooms 14.57
5 or more bedrooms 3.67