Is Jamestown Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Jamestown Charter Township was a Seller's Market.
Key Takeaway
Jamestown Charter Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Jamestown Charter Township, MI
How much do homes in Jamestown Charter Township, MI cost?
Median Sold Price
$452,500
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Jamestown Charter Township have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Jamestown Charter Township was $452,500 in April 2024, up 8.9% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | - | N/A |
| 2 Bedrooms | $345K | $456.1K | +32.2% |
| 3 Bedrooms | $349.9K | $361K | +3.2% |
| 4 Bedrooms | $420.8K | $500K | +18.8% |
| 5+ Bedrooms | $529.9K | $479.9K | -9.4% |
Summary: Jamestown Charter Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.2%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 9.4%.
Median Sold Price Compared To Nearby Cities
| Byron Township | $374.4K | $410.2K | +9.5% |
| Jamestown Charter Township | $415.4K | $452.5K | +8.9% |
| Hudsonville | $369.9K | $400K | +8.1% |
| Georgetown Charter Township | $339.9K | $361.4K | +6.3% |
| Byron Center | $416.1K | $433.5K | +4.2% |
Housing Supply in Jamestown Charter Township, MI
How many homes are available in Jamestown Charter Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 21 | +61.5% |
Summary: The Jamestown Charter Township real estate market had 21 homes for sale in April 2024, a 61.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Jamestown Charter Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Jamestown Charter Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Jamestown Charter Township in April 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Jamestown Charter Township, MI
How long does it take to sell a home in Jamestown Charter Township, MI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 21 Days | 49 Days | +134.9% |
Summary: Homes in Jamestown Charter Township had an average of 49 days on market in Apr 2024, up by 134.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Jamestown Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Jamestown Charter Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
