Is Jamestown, TN 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 Seller's Market.
Housing Prices in Jamestown, TN
How much do homes in Jamestown, TN cost?
Median Sold Price
$239,900
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jamestown was $239,900 in April 2024, up 4.3% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $164K | +5.8% |
2 Bedrooms | $150K | $170K | +13.3% |
3 Bedrooms | $241K | $259.9K | +7.8% |
4 Bedrooms | $309.4K | $216.2K | -30.1% |
5+ Bedrooms | $240K | $795K | +231.3% |
Summary: Jamestown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.8%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 30.1%, and 5+ bedroom homes increased by 231.3%.
Housing Supply in Jamestown, TN
How many homes are available in Jamestown, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
157 | 163 | +3.8% |
Summary: The Jamestown real estate market had 163 homes for sale in April 2024, a 3.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 10 | 0.0% |
2 Bedrooms | 29 | 32 | +10.3% |
3 Bedrooms | 104 | 107 | +2.9% |
4 Bedrooms | 13 | 14 | +7.7% |
5+ Bedrooms | 1 | 0 | -100.0% |
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 increased by 10.3%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 23 | +53.3% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Jamestown in April 2024, up by 53.3% month-over-month. Of the 23 sold homes, 74% were sold under asking, 22% were sold at asking, and 4% were sold over asking.
Days on Market for Jamestown, TN
How long does it take to sell a home in Jamestown, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 78 Days | +95.0% |
Summary: Homes in Jamestown had an average of 78 days on market in Apr 2024, up by 95% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in Jamestown; 39% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.