Is Jamestown, OH 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.
Key Takeaway
Jamestown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
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 March 2023
Key Takeaway
Homes in Jamestown have sold for 33.4% more than they did a year ago.
Summary: The median home sold price in Jamestown was $223,500 in March 2024, up 33.4% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $139K | -57.2% |
| 2 Bedrooms | $95.5K | $165K | +72.8% |
| 3 Bedrooms | $170K | $212K | +24.7% |
| 4 Bedrooms | $202.5K | $318K | +57.0% |
| 5+ Bedrooms | - | $246K | N/A |
Summary: Jamestown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.2%, 2 bedroom homes increased by 72.8%, 3 bedroom homes increased by 24.7%, 4 bedroom homes increased by 57%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Jamestown | $167.5K | $223.5K | +33.4% |
| Silvercreek Township | $182.5K | $191K | +4.7% |
Housing Supply in Jamestown, OH
How many homes are available in Jamestown, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 | 21 | -19.2% |
Summary: The Jamestown real estate market had 21 homes for sale in March 2024, a 19.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 14 | 11 | -21.4% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
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 remained the same, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jamestown, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Jamestown in March 2024, the same as the previous month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 44 Days | 72 Days | +62.7% |
Summary: Homes in Jamestown had an average of 72 days on market in Mar 2024, up by 62.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Jamestown has remained consistent over time.
Summary: During March 2024, 8 homes were sold in Jamestown; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved