Jamesville, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Jamesville Neighborhoods Since 2000




Jamesville, NY 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

Jamesville Housing Market Information

With a population of 10,516, 1,689 total housing units (homes and apartments), and a median house value of $249,435, Jamesville real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Jamesville, accounting for 77.67% of the town's housing units. Other types of housing that are prevalent in Jamesville include large apartment complexes or high rise apartments ( 12.49%), duplexes, homes converted to apartments or other small apartment buildings ( 3.43%), and a few mobile homes or trailers ( 3.30%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Jamesville. Owner-occupied housing accounts for 73.57% of Jamesville's homes, and 68.10% have either three or four bedrooms, which is average sized relative to America.

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. Jamesville's housing was primarily built during this period, from the '40s through the '60s. A full 40.58% of the town's housing hails from this era. Other housing ages represented in Jamesville include homes built between 1970-1999 ( 34.28%) and housing constructed between 2000 and later ( 15.18%). There's also some housing in Jamesville built before 1939 ( 9.96%).

Jamesville Home Appreciation Rates

Appreciation rates for homes in Jamesville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.25%, which ranks in the top 50% nationwide. This equates to an annual average Jamesville house appreciation rate of 0.42%.

Over the last year, Jamesville appreciation rates have trailed the rest of the nation. In the last twelve months, Jamesville's appreciation rate has been -0.66%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Jamesville were at -1.68%, which equates to an annual appreciation rate of -6.55%.

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

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

Average Home Values

 

Median Home Value:
$249,435

Jamesville, NY HOME PRICES

Value Range
> $1,039,000 0.4
$779,001 - $1,039,000 0.7
$519,001 - $779,000 2.0
$416,001 - $519,000 3.6
$312,001 - $416,000 16.5
$208,001 - $312,000 23.5
$104,001 - $208,000 39.9
$52,001 - $104,000 10.2
$0 - $52,000 3.1

High for NY
High for Nation

Value Relative to Nation Value Relative to State
22.6180710183992 37.1492704826038

Number Of Homes And Apartments:
1,689

Jamesville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
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
39.79% 1.96% 2 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$994 / per month

Homeownership Rate

Homeownership
Owners 73.57
Renters 26.43
Vacant 4.93

Housing Market Details

 

Age of Homes

AGE OF Jamesville HOMES
2000 or Newer 15.2
1970 - 1999 34.3
1940 - 1969 40.6
1939 or Older 10.0

Types of Homes

TYPE OF Jamesville HOMES
Single-Family 77.7
Townhomes 3.1
Small Apt. Buildings 3.4
Apt. Complexes 12.5
Mobile Homes 3.3
Other 0.0

Home Size

SIZE OF Jamesville HOMES
No Bedroom 0.79
1 Bedroom 10.06
2 Bedrooms 15.37
3 Bedrooms 31.68
4 Bedrooms 36.42
5 or more bedrooms 5.67