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 1,652, 565 total housing units (homes and apartments), and a median house value of $83,711, house prices in Jonesville are some of the most affordable in Louisiana as well as the nation.
Single-family detached homes are the single most common housing type in Jonesville, accounting for 61.13% of the town's housing units. Other types of housing that are prevalent in Jonesville include mobile homes or trailers ( 21.09%), large apartment complexes or high rise apartments ( 10.49%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.28%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Jonesville. Owner-occupied housing accounts for 68.26% of Jonesville's homes, and 67.02% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Jonesville 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 Jonesville built between 1940-1969 ( 38.65%). A lesser amount of the housing stock also hails from between 2000 and later ( 4.82%). There's also some housing in Jonesville built before 1939 ( 1.93%).
Vacant housing appears to be an issue in Jonesville. Fully 39.51% of the housing stock is classified as vacant. Left unchecked, vacant Jonesville homes and apartments can be a drag on the real estate market, holding Jonesville 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.
Some of the lowest real estate appreciation rates in America over the last ten years have been in Jonesville, where house values have increased just 28.52%, which is annualized rate of 2.54%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Appreciation rates are so strong in Jonesville that despite a nationwide downturn in the housing market, Jonesville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Jonesville appreciation rates continue to be some of the highest in America, at 11.72%, which is higher than appreciation rates in 70.76% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Jonesville. Jonesville appreciation rates in the latest quarter were at 3.10%, which equates to an annual appreciation rate of 12.98%.
Relative to Louisiana, our data show that Jonesville's latest annual appreciation rate is higher than 60% of the other cities and towns in Louisiana.
$83,711
for Louisiana
for nation
565
$990 / per month