Jefferson City, TN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Jefferson City Neighborhoods Since 2000




Jefferson City, 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

Jefferson City Housing Market Information

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 Home Appreciation Rates

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.

Average Home Values

 

Median Home Value:
$144,313

Jefferson City, TN HOME PRICES

Value Range
> $1,005,000 0.0
$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

High for TN
Average for Nation

Value Relative to Nation Value Relative to State
52.6045939294504 32.9081632653061

Number Of Homes And Apartments:
3,216

Jefferson City 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
16.56% 0.89% 2 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$775 / per month

Homeownership Rate

Homeownership
Owners 36.61
Renters 63.39
Vacant 10.69

Housing Market Details

 

Age of Homes

AGE OF Jefferson City HOMES
2000 or Newer 5.9
1970 - 1999 56.8
1940 - 1969 27.9
1939 or Older 9.4

Types of Homes

TYPE OF Jefferson City HOMES
Single-Family 54.3
Townhomes 1.2
Small Apt. Buildings 16.4
Apt. Complexes 21.6
Mobile Homes 6.5
Other 0.0

Home Size

SIZE OF Jefferson City HOMES
No Bedroom 1.67
1 Bedroom 9.61
2 Bedrooms 40.57
3 Bedrooms 39.24
4 Bedrooms 8.16
5 or more bedrooms 0.75

Popular Neighborhoods in Jefferson City

Zip Codes in Jefferson City, TN