Is Jamestown, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jamestown is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Jamestown has remained a Seller's Market.

Key Takeaway

Jamestown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jamestown, NC

How much do homes in Jamestown, NC cost?

Median Sold Price

$332,990

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$2,990(+0.9%)

Key Takeaway

Homes in Jamestown have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Jamestown was $332,990 in March 2024, up 0.9% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $121K$129.5K
+7.0%
2 $167K$188K
+12.5%
3 $297.5K$309K
+3.9%
4 $408.2K$367.9K
-9.9%
5+ $505K$510K
+1.0%

Summary: Jamestown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes increased by 1%.

Median Sold Price Compared To Nearby Cities

High Point Township
+18.0%
Morehead Township
+7.1%
High Point
+4.1%
Jamestown
+0.9%
Jamestown Township
-4.1%

Housing Supply in Jamestown, NC

How many homes are available in Jamestown, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
8286+4.9%

Summary: The Jamestown real estate market had 86 homes for sale in March 2024, a 4.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 1210
-16.7%
3 4043
+7.5%
4 2629
+11.5%
5+ 33
0.0%

Summary: The Jamestown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1726+52.9%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jamestown, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Jamestown in March 2024, up by 52.9% month-over-month. Of the 26 sold homes, 69% were sold under asking, 12% were sold at asking, and 19% were sold over asking.

Days on Market for Jamestown, NC

How long does it take to sell a home in Jamestown, NC?

Average Sale Time

Mar 2023Mar 2024CHANGE
26 Days36 Days+37.9%

Summary: Homes in Jamestown had an average of 36 days on market in Mar 2024, up by 37.9% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jamestown are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 26 homes were sold in Jamestown; 73% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

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