Is Jamestown, RI 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 was a Buyer's Market.
Housing Prices in Jamestown, RI
How much do homes in Jamestown, RI cost?
Median Sold Price
$1,050,000
$568/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jamestown was $1,050,000 in April 2024, up 4.2% from last year, and the median price per square foot was $568.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $385K | $722.5K | +87.7% |
2 Bedrooms | $664.4K | $789.7K | +18.9% |
3 Bedrooms | $950K | $1.1M | +19.7% |
4 Bedrooms | $1.3M | $1.6M | +23.3% |
5+ Bedrooms | $3.9M | $2.8M | -26.9% |
Summary: Jamestown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 87.7%, 2 bedroom homes increased by 18.9%, 3 bedroom homes increased by 19.7%, 4 bedroom homes increased by 23.3%, and 5+ bedroom homes decreased by 26.9%.
Median Sold Price Compared To Nearby Cities
Newport | $780K | $850K | +9.0% |
Middletown | $665K | $699.5K | +5.2% |
Jamestown | $1.0M | $1.0M | +4.2% |
Housing Supply in Jamestown, RI
How many homes are available in Jamestown, RI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 23 | +15.0% |
Summary: The Jamestown real estate market had 23 homes for sale in April 2024, a 15.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 7 | 10 | +42.9% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Jamestown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Jamestown in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Jamestown, RI
How long does it take to sell a home in Jamestown, RI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
140 Days | 95 Days | -31.6% |
Summary: Homes in Jamestown had an average of 95 days on market in Apr 2024, down by 31.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Jamestown; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.