Jasper, TX


Highest Appreciating Jasper Neighborhoods Since 2000

Jasper, 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

Jasper Housing Market Information

With 7,619 people, 2,280 houses or apartments, and a median cost of homes of $99,110, house prices in Jasper are solidly below the national average.

Single-family detached homes are the single most common housing type in Jasper, accounting for 58.05% of the city's housing units. Other types of housing that are prevalent in Jasper include mobile homes or trailers ( 19.56%), duplexes, homes converted to apartments or other small apartment buildings ( 13.31%), and a few large apartment complexes or high rise apartments ( 8.85%).

People in Jasper primarily live in small (one, two or no bedroom) single-family detached homes. Jasper has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Jasper 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 Jasper built between 1940-1969 ( 30.31%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.41%). There's also some housing in Jasper built before 1939 ( 4.29%).

Vacant housing appears to be an issue in Jasper. Fully 24.15% of the housing stock is classified as vacant. Left unchecked, vacant Jasper homes and apartments can be a drag on the real estate market, holding Jasper 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.

Jasper Home Appreciation Rates

Appreciation rates for homes in Jasper have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.07%, which ranks in the top 50% nationwide. This equates to an annual average Jasper house appreciation rate of 0.30%.

Appreciation rates are so strong in Jasper that despite a nationwide downturn in the housing market, Jasper real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Jasper appreciation rates continue to be some of the highest in America, at 19.81%, which is higher than appreciation rates in 99.87% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Jasper. Jasper appreciation rates in the latest quarter were at -1.13%, which equates to an annual appreciation rate of -4.46%.

Notably, Jasper's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values


Median Home Value:


Value Range
> $1,093,000 0.0
$819,001 - $1,093,000 0.1
$546,001 - $819,000 0.0
$437,001 - $546,000 0.1
$328,001 - $437,000 3.3
$218,001 - $328,000 4.7
$110,001 - $218,000 26.1
$54,001 - $110,000 30.7
$0 - $54,000 35.2

Low for TX
Low for Nation

Value Relative to Nation Value Relative to State
78.1319582796203 65.8560311284047

Number Of Homes And Apartments:

Jasper Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
30.93% 1.57% 1 3
* 10 is highest

Rent & Ownership


Average Market Rent:
$908 / per month

Homeownership Rate

Owners 44.81
Renters 55.19
Vacant 24.15

Housing Market Details


Age of Homes

2000 or Newer 10.4
1970 - 1999 55.0
1940 - 1969 30.3
1939 or Older 4.3

Types of Homes

Single-Family 58.1
Townhomes 0.2
Small Apt. Buildings 13.3
Apt. Complexes 8.8
Mobile Homes 19.6
Other 0.0

Home Size

No Bedroom 3.63
1 Bedroom 5.95
2 Bedrooms 43.08
3 Bedrooms 36.63
4 Bedrooms 9.25
5 or more bedrooms 1.46

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Zip Codes in Jasper, TX