Jenks, OK
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Jenks Neighborhoods Since 2000




Jenks, OK 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

Jenks Housing Market Information

With 20,740 people, 6,467 houses or apartments, and a median cost of homes of $203,792, Jenks real estate is some of the most expensive in Oklahoma, although Jenks home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Jenks, accounting for 91.41% of the city's housing units. Other types of housing that are prevalent in Jenks include large apartment complexes or high rise apartments ( 5.09%), mobile homes or trailers ( 1.49%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.25%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Jenks. Owner-occupied housing accounts for 80.12% of Jenks's homes, and 82.33% have either three or four bedrooms, which is average sized relative to America.

Jenks homes and real estate are some of the newest in America. 55.72% of Jenks's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Jenks real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 35.04%), and between 1940-1969 ( 8.53%).

Jenks Home Appreciation Rates

Appreciation rates for homes in Jenks have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 13.62%, which ranks in the top 30% nationwide. This equates to an annual average Jenks house appreciation rate of 1.29%.

NeighborhoodScout's data show that during the latest twelve months, Jenks's appreciation rate, at 4.40%, has been at or slightly above the national average. In the latest quarter, Jenks's appreciation rate has been 0.95%, which annualizes to a rate of 3.85%.

Relative to Oklahoma, our data show that Jenks's latest annual appreciation rate is higher than 70% of the other cities and towns in Oklahoma.

Average Home Values

 

Median Home Value:
$203,792

Jenks, OK HOME PRICES

Value Range
> $1,105,000 0.5
$829,001 - $1,105,000 0.0
$553,001 - $829,000 3.8
$442,001 - $553,000 2.3
$332,001 - $442,000 10.3
$221,001 - $332,000 23.8
$110,001 - $221,000 50.7
$55,001 - $110,000 5.8
$0 - $55,000 2.8

Very High for OK
High for Nation

Value Relative to Nation Value Relative to State
31.3313020039845 1.20845921450151

Number Of Homes And Apartments:
6,467

Jenks Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OK*
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
32.82% 1.66% 1 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,718 / per month

Homeownership Rate

Homeownership
Owners 80.12
Renters 19.88
Vacant 6.17

Housing Market Details

 

Age of Homes

AGE OF Jenks HOMES
2000 or Newer 55.7
1970 - 1999 35.0
1940 - 1969 8.5
1939 or Older 0.7

Types of Homes

TYPE OF Jenks HOMES
Single-Family 91.4
Townhomes 0.8
Small Apt. Buildings 1.2
Apt. Complexes 5.1
Mobile Homes 1.5
Other 0.0

Home Size

SIZE OF Jenks HOMES
No Bedroom 0.68
1 Bedroom 1.94
2 Bedrooms 8.84
3 Bedrooms 52.39
4 Bedrooms 29.93
5 or more bedrooms 6.21