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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 8,504, 3,216 total housing units (homes and apartments), and a median house value of $144,313, 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 54.35% of the city's housing units. Other types of housing that are prevalent in Jefferson City include large apartment complexes or high rise apartments ( 21.58%), duplexes, homes converted to apartments or other small apartment buildings ( 16.36%), and a few mobile homes or trailers ( 6.47%).
People in Jefferson City primarily live in small (one, two or no bedroom) single-family detached homes. Jefferson City has a mixture of owner-occupied and renter-occupied housing.
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 ( 27.94%). A lesser amount of the housing stock also hails from before 1939 ( 9.39%). There's also some housing in Jefferson City built between 2000 and later ( 5.89%).
Vacant housing appears to be an issue in Jefferson City. Fully 10.69% 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's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Jefferson City during the period has been just -1.15%, which is lower than 70% of US communities.
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 -2.64%, 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 -1.75%, which equates to an annual appreciation rate of -6.82%.
Notably, Jefferson City's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Tennessee, our data show that Jefferson City's latest annual appreciation rate is lower than 90% of the other cities and towns in Tennessee.
|$754,001 - $1,005,000||1.6|
|$503,001 - $754,000||1.5|
|$402,001 - $503,000||1.4|
|$302,001 - $402,000||9.8|
|$201,001 - $302,000||9.4|
|$101,001 - $201,000||41.4|
|$50,001 - $101,000||24.8|
|$0 - $50,000||10.1|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Jefferson City HOMES|
|2000 or Newer||5.9|
|1970 - 1999||56.8|
|1940 - 1969||27.9|
|1939 or Older||9.4|
|TYPE OF Jefferson City HOMES|
|Small Apt. Buildings||16.4|
|SIZE OF Jefferson City HOMES|
|5 or more bedrooms||0.75|