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 3,410 people, 735 houses or apartments, and a median cost of homes of $401,951, Jarrell real estate is some of the most expensive in Texas, although Jarrell home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Jarrell, accounting for 77.24% of the city's housing units. Other types of housing that are prevalent in Jarrell include mobile homes or trailers ( 15.35%), row houses and other attached homes ( 5.12%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.17%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Jarrell. Owner-occupied housing accounts for 87.89% of Jarrell's homes, and 80.05% have either three or four bedrooms, which is average sized relative to America.
Jarrell homes and real estate are some of the newest in America. 67.77% of Jarrell'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 Jarrell real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 27.49%), and before 1939 ( 3.07%). There's also some housing in Jarrell built between 1940-1969 ( 1.66%).
In the last 10 years, Jarrell has experienced some of the highest home appreciation rates of any community in the nation. Jarrell real estate appreciated 118.39% over the last ten years, which is an average annual home appreciation rate of 8.12%, putting Jarrell in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Jarrell definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Jarrell appreciation rates have trailed the rest of the nation. In the last twelve months, Jarrell's appreciation rate has been 0.92%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Jarrell were at 1.70%, which equates to an annual appreciation rate of 6.98%.
Relative to Texas, our data show that Jarrell's latest annual appreciation rate is lower than 80% of the other cities and towns in Texas.
$401,951
for Texas
for nation
735
$2,120 / per month