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 about Scout's Real Estate Data
With 27,141 people, 8,606 houses or apartments, and a median cost of homes of $432,344, Jenks real estate is some of the most expensive in Oklahoma, although Jenks home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Jenks, accounting for 87.65% of the city's housing units. Other types of housing that are prevalent in Jenks include large apartment complexes or high rise apartments ( 9.30%), row houses and other attached homes ( 1.84%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Jenks. Owner-occupied housing accounts for 78.27% of Jenks's homes, and 79.18% have either three or four bedrooms, which is average sized relative to America.
Jenks homes and real estate are some of the newest in America. 63.13% of Jenks's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Jenks real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 30.38%), and between 1940-1969 ( 6.27%).
Real estate appreciation rates in Jenks's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.10% during the period.
Appreciation rates are so strong in Jenks that despite a nationwide downturn in the housing market, Jenks real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Jenks appreciation rates continue to be some of the highest in America, at 8.41%, which is higher than appreciation rates in 74.57% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Jenks. Jenks appreciation rates in the latest quarter were at 0.66%, which equates to an annual appreciation rate of 2.67%.
Relative to Oklahoma, our data show that Jenks's latest annual appreciation rate is lower than 50% of the other cities and towns in Oklahoma.
$432,344
for Oklahoma
for nation
8,606
$2,506 / per month