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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jamestown is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Jamestown was a Seller's Market.

Key Takeaway

Jamestown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Jamestown, OH

How much do homes in Jamestown, OH cost?

Median Sold Price

$223,500

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$6,500(+3.0%)

Key Takeaway

Homes in Jamestown have sold for 3% more than they did a year ago.

Summary: The median home sold price in Jamestown was $223,500 in May 2024, up 3% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $325K$139K
-57.2%
2 $96K$175.1K
+82.4%
3 $195K$212K
+8.7%
4 $295K$289.9K
-1.7%
5+ $287K$205K
-28.6%

Summary: Jamestown housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.2%, 2 bedroom homes increased by 82.4%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 28.6%.

Median Sold Price Compared To Nearby Cities

Jamestown
+3.0%
Silvercreek Township
-1.7%

Housing Supply in Jamestown, OH

How many homes are available in Jamestown, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2327+17.4%

Summary: The Jamestown real estate market had 27 homes for sale in May 2024, a 17.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1013
+30.0%
4 1011
+10.0%
5+ 11
0.0%

Summary: The Jamestown housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Jamestown in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Jamestown, OH

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

Average Sale Time

May 2023May 2024CHANGE
53 Days121 Days+126.5%

Summary: Homes in Jamestown had an average of 121 days on market in May 2024, up by 126.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jamestown has remained consistent over time.

Summary: During May 2024, 2 homes were sold in Jamestown; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 16 Days Ago

Newest Listings in Jamestown, OH

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