Jenks OK
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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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 Q3 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Jenks Housing Market Information

With a population of 23,354, 2,748 total housing units (homes and apartments), and a median house value of $222,675, 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 93.43% of the city's housing units. Other types of housing that are prevalent in Jenks include large apartment complexes or high rise apartments ( 4.42%).

Renters dominate Jenks's housing market, and most live in three of four bedroom dwellings, chiefly found in single-family detached homes.

Jenks homes and real estate are some of the newest in America. 58.00% 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 ( 34.92%), and between 1940-1969 ( 6.62%).

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 1.58% during the period.

NeighborhoodScout's data show that during the latest twelve months, Jenks's appreciation rate, at 3.45%, has been at or slightly above the national average. In the latest quarter, Jenks's appreciation rate has been 1.00%, which annualizes to a rate of 4.05%.

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:
$222,675

Jenks, OK HOME PRICES

Value Range
> $1,112,000 0.6
$834,001 - $1,112,000 0.5
$556,001 - $834,000 3.3
$445,001 - $556,000 2.3
$333,001 - $445,000 10.6
$222,001 - $333,000 26.4
$111,001 - $222,000 47.0
$55,001 - $111,000 6.6
$0 - $55,000 2.6

Very High for OK
High for Nation

Value Relative to Nation Value Relative to State
33.5299270072993 1.51057401812689

Number Of Homes And Apartments:
2,748

Jenks Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OK*
Compared To
America*
Latest Quarter:
2019 Q2 - 2019 Q3
Last 12 Months:
2018 Q3 - 2019 Q3
Last 2 Years:
2017 Q3 - 2019 Q3
Last 5 Years:
2014 Q3 - 2019 Q3
Last 10 Years:
2009 Q3 - 2019 Q3
Since 2000:
2000 Q1 - 2019 Q3
40.44% 1.73%
1
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,925 / per month

Homeownership Rate

Homeownership
Owners 0.00
Renters 0.00
Vacant 0.00

Housing Market Details

 

Age of Homes

AGE OF Jenks HOMES
2000 or Newer 58.0
1970 - 1999 34.9
1940 - 1969 6.6
1939 or Older 0.5

Types of Homes

TYPE OF Jenks HOMES
Single-Family 93.4
Townhomes 0.9
Small Apt. Buildings 0.3
Apt. Complexes 4.4
Mobile Homes 0.9
Other 0.0

Home Size

SIZE OF Jenks HOMES
No Bedroom 0.32
1 Bedroom 2.10
2 Bedrooms 7.28
3 Bedrooms 52.72
4 Bedrooms 28.60
5 or more bedrooms 8.98