Is Jamestown Charter Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jamestown Charter Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Jamestown Charter Township has remained a Seller's Market.

Key Takeaway

Jamestown Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jamestown Charter Township, MI

How much do homes in Jamestown Charter Township, MI cost?

Median Sold Price

$450,000

$262/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,000(+2.0%)

Key Takeaway

Homes in Jamestown Charter Township have sold for 2% more than they did a year ago.

Summary: The median home sold price in Jamestown Charter Township was $450,000 in October 2024, up 2% from last year, and the median price per square foot was $262.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $220K$399.4K
+81.6%
2 $448.3K$328.5K
-26.7%
3 $363K$379.9K
+4.7%
4 $432.5K$480K
+11.0%
5+ $575.5K$545K
-5.3%

Summary: Jamestown Charter Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 81.6%, 2 bedroom homes decreased by 26.7%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 11%, and 5+ bedroom homes decreased by 5.3%.

Median Sold Price Compared To Nearby Cities

Byron Center
+12.3%
Byron Township
+11.9%
Hudsonville
+4.2%
Georgetown Charter Township
+3.3%
Jamestown Charter Township
+2.0%

Housing Supply in Jamestown Charter Township, MI

How many homes are available in Jamestown Charter Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3130-3.2%

Summary: The Jamestown Charter Township real estate market had 30 homes for sale in October 2024, a 3.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 13
+200.0%
3 66
0.0%
4 1917
-10.5%
5+ 44
0.0%

Summary: The Jamestown Charter Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 200%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jamestown Charter Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Jamestown Charter Township in October 2024, down by 25.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.

Days on Market for Jamestown Charter Township, MI

How long does it take to sell a home in Jamestown Charter Township, MI?

Average Sale Time

Oct 2023Oct 2024CHANGE
68 Days24 Days-64.1%

Summary: Homes in Jamestown Charter Township had an average of 24 days on market in Oct 2024, down by 64.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jamestown Charter Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Jamestown Charter Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Jamestown Charter Township, MI

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