Is Old Jamestown, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Old Jamestown is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Old Jamestown, MO

How much do homes in Old Jamestown, MO cost?

Median Sold Price

$262,000

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,000(+3.1%)

Key Takeaway

Homes in Old Jamestown have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Old Jamestown was $262,000 in November 2024, up 3.1% from last year, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $130K-
N/A
2 $131.6K$151.9K
+15.4%
3 $228.5K$239K
+4.6%
4 $307.7K$310K
+0.7%
5+ $339.5K$401.5K
+18.3%

Summary: Old Jamestown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 18.3%.

Median Sold Price Compared To Nearby Neighborhoods

Spanish Lake
+7.5%
Old Jamestown
+3.1%
North County
+1.6%

Housing Supply in Old Jamestown, MO

How many homes are available in Old Jamestown, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7469-6.8%

Summary: The Old Jamestown real estate market had 69 homes for sale in November 2024, a 6.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 910
+11.1%
3 3534
-2.9%
4 2218
-18.2%
5+ 87
-12.5%

Summary: The Old 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 11.1%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1718+5.9%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Old Jamestown, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Old Jamestown in November 2024, up by 5.9% month-over-month. Of the 18 sold homes, 56% were sold under asking, 17% were sold at asking, and 28% were sold over asking.

Days on Market for Old Jamestown, MO

How long does it take to sell a home in Old Jamestown, MO?

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days44 Days+46.3%

Summary: Homes in Old Jamestown had an average of 44 days on market in Nov 2024, up by 46.3% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 18 homes were sold in Old Jamestown; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 21 Days Ago

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