Is Jamesville, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jamesville is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Jamesville, NY

How much do homes in Jamesville, NY cost?

Median Sold Price

$475,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$140,000(+41.8%)

Key Takeaway

Homes in Jamesville have sold for 41.8% more than they did a year ago.

Summary: The median home sold price in Jamesville was $475,000 in September 2024, up 41.8% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $307K$290K
-5.5%
3 $266K$328.2K
+23.4%
4 $380K$517.5K
+36.2%
5+ $613.3K$585K
-4.6%

Summary: Jamesville housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 23.4%, 4 bedroom homes increased by 36.2%, and 5+ bedroom homes decreased by 4.6%.

Median Sold Price Compared To Nearby Cities

Jamesville
+41.8%
Pompey
+16.0%
De Witt
+3.7%
LaFayette
+2.6%
La Fayette
+1.1%

Housing Supply in Jamesville, NY

How many homes are available in Jamesville, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3937-5.1%

Summary: The Jamesville real estate market had 37 homes for sale in September 2024, a 5.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 89
+12.5%
4 1917
-10.5%
5+ 97
-22.2%

Summary: The Jamesville housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
990.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jamesville, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Jamesville in September 2024, the same as the previous month. Of the 9 sold homes, 11% were sold under asking, 22% were sold at asking, and 67% were sold over asking.

Days on Market for Jamesville, NY

How long does it take to sell a home in Jamesville, NY?

Average Sale Time

Sep 2023Sep 2024CHANGE
13 Days6 Days-52.2%

Summary: Homes in Jamesville had an average of 6 days on market in Sep 2024, down by 52.2% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 9 homes were sold in Jamesville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 Sep 1, 2024

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