Jamestown, ND
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Jamestown Neighborhoods Since 2000




Jamestown, ND 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 Q2 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

Jamestown Housing Market Information

With 15,422 people, 6,805 houses or apartments, and a median cost of homes of $165,058, Jamestown 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 Jamestown, accounting for 54.62% of the city's housing units. Other types of housing that are prevalent in Jamestown include large apartment complexes or high rise apartments ( 22.87%), duplexes, homes converted to apartments or other small apartment buildings ( 10.74%), and a few mobile homes or trailers ( 8.90%).

People in Jamestown primarily live in small (one, two or no bedroom) single-family detached homes. Jamestown has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Jamestown 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 Jamestown built between 1940-1969 ( 38.30%). A lesser amount of the housing stock also hails from before 1939 ( 13.18%). There's also some housing in Jamestown built between 2000 and later ( 7.50%).

Jamestown Home Appreciation Rates

In the last 10 years, Jamestown has experienced some of the highest home appreciation rates of any community in the nation. Jamestown real estate appreciated 57.70% over the last ten years, which is an average annual home appreciation rate of 4.66%, putting Jamestown in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Jamestown definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Jamestown's appreciation rate, at 4.03%, has been at or slightly above the national average. In the latest quarter, Jamestown's appreciation rate has been -0.34%, which annualizes to a rate of -1.36%.

Notably, Jamestown's appreciation rate in the latest quarter is one of the lowest in America.

Relative to North Dakota, our data show that Jamestown's latest annual appreciation rate is higher than 80% of the other cities and towns in North Dakota.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Jamestown differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Jamestown - 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 Jamestown real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$165,058

Jamestown, ND HOME PRICES

Value Range
> $1,286,000 0.0
$964,001 - $1,286,000 0.0
$644,001 - $964,000 0.2
$515,001 - $644,000 0.7
$386,001 - $515,000 2.4
$257,001 - $386,000 14.5
$129,001 - $257,000 40.9
$64,001 - $129,000 27.6
$0 - $64,000 13.6

High for ND
Average for Nation

Value Relative to Nation Value Relative to State
45.1138825458165 30.9734513274336

Number Of Homes And Apartments:
6,805

Jamestown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
ND*
Compared To
America*
Latest Quarter:
2017 Q1 - 2017 Q2
Last 12 Months:
2016 Q2 - 2017 Q2
Last 2 Years:
2015 Q2 - 2017 Q2
Last 5 Years:
2012 Q2 - 2017 Q2
Last 10 Years:
2007 Q2 - 2017 Q2
Since 2000:
2000 Q1 - 2017 Q2
113.68% 4.43% 4 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,046 / per month

Homeownership Rate

Homeownership
Owners 53.71
Renters 46.29
Vacant 6.20

Housing Market Details

 

Age of Homes

AGE OF Jamestown HOMES
2000 or Newer 7.5
1970 - 1999 41.0
1940 - 1969 38.3
1939 or Older 13.2

Types of Homes

TYPE OF Jamestown HOMES
Single-Family 54.6
Townhomes 2.9
Small Apt. Buildings 10.7
Apt. Complexes 22.9
Mobile Homes 8.9
Other 0.0

Home Size

SIZE OF Jamestown HOMES
No Bedroom 1.97
1 Bedroom 10.63
2 Bedrooms 36.09
3 Bedrooms 31.73
4 Bedrooms 15.35
5 or more bedrooms 4.23