Is Jamison, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Jamison was a Seller's Market.
Key Takeaway
Jamison 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 Jamison, PA
How much do homes in Jamison, PA cost?
Median Sold Price
$637,500
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Jamison have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Jamison was $637,500 in May 2024, up 1.1% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $411K | $420K | +2.2% |
| 3 Bedrooms | $481K | $494.4K | +2.8% |
| 4 Bedrooms | $716K | $725K | +1.2% |
| 5+ Bedrooms | $849.5K | $895K | +5.4% |
Summary: Jamison housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Cities
| Furlong | $605K | $650K | +7.4% |
| Warminster | $420K | $449.9K | +7.1% |
| Jamison | $630.4K | $637.5K | +1.1% |
| Warwick Township | $575K | $535K | -7.0% |
| Wrightstown Township | $1.0M | $765K | -28.6% |
Housing Supply in Jamison, PA
How many homes are available in Jamison, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Summary: The Jamison real estate market had 24 homes for sale in May 2024, a 4.3% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Jamison 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jamison, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Jamison in May 2024, down by 20.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Jamison, PA
How long does it take to sell a home in Jamison, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 6 Days | 5 Days | -8.3% |
Summary: Homes in Jamison had an average of 5 days on market in May 2024, down by 8.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jamison are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Jamison; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
