$2,244 Closing Credit*
$189,000
1,220 SqFt
2 Beds
•2 Full Baths
Stephanie Lee, Listing Office: Carpenter, REALTORS®
Is Jamestown, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 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, IN
How much do homes in Jamestown, IN cost?
Median Sold Price
$281,500
$136/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$49,500(-15.0%)
Key Takeaway
Homes in Jamestown have sold for 15% less than they did a month ago.
Summary: The median home sold price in Jamestown was $281,500 in November 2024, down 15% from last month, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $189K | N/A |
| 3 Bedrooms | $281K | $310K | +10.3% |
| 4 Bedrooms | $590K | $293K | -50.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Jamestown housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 50.3%, and 5+ bedroom homes did not change.
Housing Supply in Jamestown, IN
How many homes are available in Jamestown, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Summary: The Jamestown real estate market had 13 homes for sale in November 2024, a 7.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Jamestown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Jamestown, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Jamestown in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Jamestown, IN
How long does it take to sell a home in Jamestown, IN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 78 Days | +272.6% |
Summary: Homes in Jamestown had an average of 78 days on market in Nov 2024, up by 272.6% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Jamestown are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Jamestown; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.