Is Jamestown, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Jamestown has remained a Seller's Market.
Housing Prices in Jamestown, NY
How much do homes in Jamestown, NY cost?
Median Sold Price
$95,000
$63/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Jamestown was $95,000 in March 2024, down 8.2% from last year, and the median price per square foot was $63.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | $141.3K | +13.0% |
2 Bedrooms | $90K | $93.5K | +3.9% |
3 Bedrooms | $103K | $98.6K | -4.3% |
4 Bedrooms | $108K | $85.5K | -20.8% |
5+ Bedrooms | $177K | $89.9K | -49.2% |
Summary: Jamestown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13%, 2 bedroom homes increased by 3.9%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes decreased by 49.2%.
Housing Supply in Jamestown, NY
How many homes are available in Jamestown, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
146 | 143 | -2.1% |
Summary: The Jamestown real estate market had 143 homes for sale in March 2024, a 2.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 26 | 20 | -23.1% |
3 Bedrooms | 52 | 54 | +3.8% |
4 Bedrooms | 38 | 40 | +5.3% |
5+ Bedrooms | 29 | 29 | 0.0% |
Summary: The Jamestown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 29 | +20.8% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in Jamestown in March 2024, up by 20.8% month-over-month. Of the 29 sold homes, 66% were sold under asking, 28% were sold at asking, and 7% were sold over asking.
Days on Market for Jamestown, NY
How long does it take to sell a home in Jamestown, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
23 Days | 39 Days | +70.2% |
Summary: Homes in Jamestown had an average of 39 days on market in Mar 2024, up by 70.2% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 29 homes were sold in Jamestown; 66% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.