Is Jamestown, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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, NC
How much do homes in Jamestown, NC cost?
Median Sold Price
$329,950
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Jamestown have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Jamestown was $329,950 in May 2024, up 1.2% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $129.5K | -0.4% |
| 2 Bedrooms | $210K | $201K | -4.3% |
| 3 Bedrooms | $295K | $301.8K | +2.3% |
| 4 Bedrooms | $368.7K | $388K | +5.2% |
| 5+ Bedrooms | $450K | $510K | +13.3% |
Summary: Jamestown housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 13.3%.
Median Sold Price Compared To Nearby Cities
| Morehead Township | $270.6K | $294.7K | +8.9% |
| High Point Township | $250.2K | $257K | +2.7% |
| High Point | $259.8K | $263.3K | +1.3% |
| Jamestown | $326K | $329.9K | +1.2% |
| Jamestown Township | $330K | $330K | 0.0% |
Housing Supply in Jamestown, NC
How many homes are available in Jamestown, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 80 | 69 | -13.8% |
Summary: The Jamestown real estate market had 69 homes for sale in May 2024, a 13.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 5 | -37.5% |
| 3 Bedrooms | 44 | 38 | -13.6% |
| 4 Bedrooms | 25 | 19 | -24.0% |
| 5+ Bedrooms | 3 | 7 | +133.3% |
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 decreased by 37.5%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes decreased by 24%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 29 | 24 | -17.2% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jamestown, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Jamestown in May 2024, down by 17.2% month-over-month. Of the 24 sold homes, 42% were sold under asking, 38% were sold at asking, and 21% were sold over asking.
Days on Market for Jamestown, NC
How long does it take to sell a home in Jamestown, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 16 Days | 27 Days | +68.0% |
Summary: Homes in Jamestown had an average of 27 days on market in May 2024, up by 68% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jamestown are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 24 homes were sold in Jamestown; 71% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
