Jamestown, TN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Jamestown, TN 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

Jamestown Housing Market Information

With 1,947 people, 763 houses or apartments, and a median cost of homes of $79,427, house prices in Jamestown are some of the most affordable in Tennessee as well as the nation.

Single-family detached homes are the single most common housing type in Jamestown, accounting for 52.22% of the city's housing units. Other types of housing that are prevalent in Jamestown include large apartment complexes or high rise apartments ( 21.73%), duplexes, homes converted to apartments or other small apartment buildings ( 12.54%), and a few mobile homes or trailers ( 12.00%).

Jamestown is dominated by renter-occupied one, two, or no bedrooms apartments. 66.20% of Jamestown's dwellings are rentals.

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 ( 30.81%). A lesser amount of the housing stock also hails from before 1939 ( 10.92%). There's also some housing in Jamestown built between 2000 and later ( 5.41%).

Vacant housing appears to be an issue in Jamestown. Fully 17.51% of the housing stock is classified as vacant. Left unchecked, vacant Jamestown homes and apartments can be a drag on the real estate market, holding Jamestown real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Jamestown Home Appreciation Rates

Real estate appreciation rates in Jamestown's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.77% during the period.

Over the last year, Jamestown appreciation rates have trailed the rest of the nation. In the last twelve months, Jamestown's appreciation rate has been -5.13%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Jamestown were at 0.00%, which equates to an annual appreciation rate of 0.00%.

Relative to Tennessee, our data show that Jamestown's latest annual appreciation rate is lower than 90% of the other cities and towns in Tennessee.

Average Home Values

 

Median Home Value:
$79,427

Jamestown, TN HOME PRICES

Value Range
> $947,000 1.0
$710,001 - $947,000 0.0
$474,001 - $710,000 0.0
$379,001 - $474,000 0.0
$284,001 - $379,000 1.2
$189,001 - $284,000 13.1
$95,001 - $189,000 17.6
$48,001 - $95,000 38.3
$0 - $48,000 28.8

Very Low for TN
Very Low for Nation

Value Relative to Nation Value Relative to State
90.8355795148248 95.9183673469388

Number Of Homes And Apartments:
763

Jamestown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TN*
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
-1.89% -0.11% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$590 / per month

Homeownership Rate

Homeownership
Owners 33.80
Renters 66.20
Vacant 17.51

Housing Market Details

 

Age of Homes

AGE OF Jamestown HOMES
2000 or Newer 5.4
1970 - 1999 52.9
1940 - 1969 30.8
1939 or Older 10.9

Types of Homes

TYPE OF Jamestown HOMES
Single-Family 52.2
Townhomes 1.5
Small Apt. Buildings 12.5
Apt. Complexes 21.7
Mobile Homes 12.0
Other 0.0

Home Size

SIZE OF Jamestown HOMES
No Bedroom 1.41
1 Bedroom 13.30
2 Bedrooms 40.76
3 Bedrooms 36.65
4 Bedrooms 5.08
5 or more bedrooms 2.81

Popular Neighborhoods in Jamestown

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Zip Codes in Jamestown, TN