Jenks, OK Real Estate Market

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 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Jenks, OK Housing Market Trends

With a population of 23,767, 7,455 total housing units (homes and apartments), and a median house value of $255,674, 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 88.86% of the city's housing units. Other types of housing that are prevalent in Jenks include large apartment complexes or high rise apartments ( 8.15%), row houses and other attached homes ( 1.49%), and a few mobile homes or trailers ( 1.08%).

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 77.84% of Jenks's homes, and 79.21% 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. 60.01% 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 ( 33.05%), and between 1940-1969 ( 6.39%).

Jenks Home Appreciation Rates

Real estate appreciation rates in Jenks's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 2.88% during the period.

Over the last year, Jenks appreciation rates have trailed the rest of the nation. In the last twelve months, Jenks's appreciation rate has been 6.31%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Jenks were at 3.02%, which equates to an annual appreciation rate of 12.64%.

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

Average Home Values

 

Median Home Value:
$255,674

Jenks, OK HOME PRICES

> $1,163,000
0.4%
0.4%
$872,001 - $1,163,000
1.9%
1.9%
$582,001 - $872,000
3.1%
3.1%
$465,001 - $582,000
2.7%
2.7%
$349,001 - $465,000
10.1%
10.1%
$233,001 - $349,000
30.0%
30.0%
$116,001 - $233,000
46.3%
46.3%
$58,001 - $116,000
3.7%
3.7%
$0 - $58,000
1.7%
1.7%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for OK

Value Relative To Nation

Number Of Homes And Apartments:
7,455

Jenks Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OK*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
54.79% 2.05%
1
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,192 / per month

Homeownership Rate

Owners
77.8%
77.8%
Renters
22.2%
22.2%
Vacant
6.6%
6.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
60.0%
60.0%
1970 - 1999
33.0%
33.0%
1940 - 1969
6.4%
6.4%
1939 or Older
0.6%
0.6%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
88.9%
88.9%
Townhomes
1.5%
1.5%
Small Apt. Buildings
0.4%
0.4%
Apt. Complexes
8.1%
8.1%
Mobile Homes
1.1%
1.1%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.2%
0.2%
1 Bedroom
3.7%
3.7%
2 Bedrooms
8.9%
8.9%
3 Bedrooms
50.7%
50.7%
4 Bedrooms
28.5%
28.5%
5 or more bedrooms
7.9%
7.9%
0.0% 100.0%
% OF HOMES