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 a population of 1,641, 697 total housing units (homes and apartments), and a median house value of $327,181, Jonestown real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Jonestown, accounting for 72.50% of the borough's housing units. Other types of housing that are prevalent in Jonestown include row houses and other attached homes ( 12.98%), large apartment complexes or high rise apartments ( 7.62%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.49%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Jonestown. Owner-occupied housing accounts for 75.80% of Jonestown's homes, and 70.10% have either three or four bedrooms, which is average sized relative to America.
Jonestown homes and real estate are some of the newest in America. 41.18% of Jonestown's housing was built since 2000, making the borough have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Jonestown real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 24.68%), and before 1939 ( 24.54%). There's also some housing in Jonestown built between 1940-1969 ( 9.59%).
Appreciation rates for homes in Jonestown have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 90.38%, which ranks in the top 50% nationwide. This equates to an annual average Jonestown house appreciation rate of 6.65%.
Appreciation rates are so strong in Jonestown that despite a nationwide downturn in the housing market, Jonestown real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Jonestown appreciation rates continue to be some of the highest in America, at 11.14%, which is higher than appreciation rates in 91.54% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Jonestown. Jonestown appreciation rates in the latest quarter were at -0.57%, which equates to an annual appreciation rate of -2.28%.
Notably, Jonestown's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Pennsylvania, our data show that Jonestown's latest annual appreciation rate is higher than 90% of the other cities and towns in Pennsylvania.
$327,181
for Pennsylvania
for nation
697
$1,695 / per month