Jacksonville, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Jacksonville Neighborhoods Since 2000




Jacksonville, TX 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

Jacksonville Housing Market Information

With 14,884 people, 4,782 houses or apartments, and a median cost of homes of $70,127, house prices in Jacksonville are some of the most affordable in Texas as well as the nation.

Single-family detached homes are the single most common housing type in Jacksonville, accounting for 72.98% of the city's housing units. Other types of housing that are prevalent in Jacksonville include large apartment complexes or high rise apartments ( 8.03%), duplexes, homes converted to apartments or other small apartment buildings ( 7.61%), and a few mobile homes or trailers ( 5.66%).

The most prevalent building size and type in Jacksonville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 50.96% owning and 49.04% renting.

There is a lot of housing in Jacksonville 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 Jacksonville built between 1940-1969 ( 41.52%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.90%). There's also some housing in Jacksonville built before 1939 ( 4.35%).

Vacant housing appears to be an issue in Jacksonville. Fully 14.13% of the housing stock is classified as vacant. Left unchecked, vacant Jacksonville homes and apartments can be a drag on the real estate market, holding Jacksonville 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.

Jacksonville Home Appreciation Rates

Appreciation rates for homes in Jacksonville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 11.49%, which ranks in the top 30% nationwide. This equates to an annual average Jacksonville house appreciation rate of 1.09%.

Appreciation rates are so strong in Jacksonville that despite a nationwide downturn in the housing market, Jacksonville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Jacksonville appreciation rates continue to be some of the highest in America, at 7.12%, which is higher than appreciation rates in 81.99% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Jacksonville. Jacksonville appreciation rates in the latest quarter were at 0.45%, which equates to an annual appreciation rate of 1.82%.

Relative to Texas, our data show that Jacksonville's latest annual appreciation rate is higher than 70% of the other cities and towns in Texas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Jacksonville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Jacksonville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Jacksonville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$70,127

Jacksonville, TX HOME PRICES

Value Range
> $1,114,000 0.0
$836,001 - $1,114,000 0.6
$557,001 - $836,000 0.2
$446,001 - $557,000 0.1
$334,001 - $446,000 1.3
$223,001 - $334,000 10.1
$112,001 - $223,000 22.5
$56,001 - $112,000 37.1
$0 - $56,000 28.1

Very Low for TX
Very Low for Nation

Value Relative to Nation Value Relative to State
95.2009844134537 90.1750972762646

Number Of Homes And Apartments:
4,782

Jacksonville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
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
43.59% 2.12% 1 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$860 / per month

Homeownership Rate

Homeownership
Owners 50.96
Renters 49.04
Vacant 14.13

Housing Market Details

 

Age of Homes

AGE OF Jacksonville HOMES
2000 or Newer 10.9
1970 - 1999 43.2
1940 - 1969 41.5
1939 or Older 4.3

Types of Homes

TYPE OF Jacksonville HOMES
Single-Family 73.0
Townhomes 5.1
Small Apt. Buildings 7.6
Apt. Complexes 8.0
Mobile Homes 5.7
Other 0.6

Home Size

SIZE OF Jacksonville HOMES
No Bedroom 1.44
1 Bedroom 9.19
2 Bedrooms 32.32
3 Bedrooms 47.89
4 Bedrooms 7.51
5 or more bedrooms 1.65