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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Jefferson City, TN 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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Jefferson City, TN Housing Market Trends

With a population of 8,459, 3,052 total housing units (homes and apartments), and a median house value of $266,197, Jefferson City real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Jefferson City, accounting for 56.48% of the city's housing units. Other types of housing that are prevalent in Jefferson City include duplexes, homes converted to apartments or other small apartment buildings ( 22.24%), large apartment complexes or high rise apartments ( 16.06%), and a few mobile homes or trailers ( 4.96%).

The most prevalent building size and type in Jefferson City are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 38.67% owning and 61.33% renting.

There is a lot of housing in Jefferson City 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 Jefferson City built between 1940-1969 ( 31.95%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.53%). There's also some housing in Jefferson City built before 1939 ( 10.67%).

Vacant housing appears to be an issue in Jefferson City. Fully 11.51% of the housing stock is classified as vacant. Left unchecked, vacant Jefferson City homes and apartments can be a drag on the real estate market, holding Jefferson City 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.

Jefferson City Home Appreciation Rates

Appreciation rates for homes in Jefferson City have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 101.20%, which ranks in the top 30% nationwide. This equates to an annual average Jefferson City house appreciation rate of 7.24%.

Over the last year, Jefferson City appreciation rates have trailed the rest of the nation. In the last twelve months, Jefferson City's appreciation rate has been 3.65%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Jefferson City were at 0.00%, which equates to an annual appreciation rate of 0.00%.

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

Average Home Values

Median Home Value

$266,197

Jefferson City, TN Home Prices
> $1,395,000
$1,046,001 - $1,395,000
$697,001 - $1,046,000
$558,001 - $697,000
$419,001 - $558,000
$279,001 - $419,000
$139,001 - $279,000
$70,001 - $139,000
$0 - $70,000
0.0%
0.0%
0.0%
0.0%
5.9%
5.9%
6.6%
6.6%
6.4%
6.4%
29.9%
29.9%
41.1%
41.1%
6.6%
6.6%
3.5%
3.5%
0% 100.0%
% of Homes
Average

for Tennessee

Average

for nation

Number of Homes And Apartments:

3,052

Jefferson City Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,578 / per month

Homeownership Rate

Owners
Renters
38.7%
38.7%
61.3%
61.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
11.5%
11.5%
88.5%
88.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
16.5%
16.5%
40.9%
40.9%
32.0%
32.0%
10.7%
10.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
56.5%
56.5%
0.3%
0.3%
22.2%
22.2%
16.1%
16.1%
5.0%
5.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.8%
0.8%
10.6%
10.6%
35.4%
35.4%
37.8%
37.8%
14.1%
14.1%
1.4%
1.4%
0% 100.0%
% of Homes