$1,692 Closing Credit*
$142,500
1,499 SqFt
3 Beds
•2 Full Baths, 1 Partial
Rae Ellen Kyler, Listing Office: Century 21 Turner Brokers
Is Jamestown, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Jamestown was a Seller's Market.
Key Takeaway
Jamestown 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 Jamestown, NY
How much do homes in Jamestown, NY cost?
Median Sold Price
$104,566
$65/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,566(+10.1%)
Key Takeaway
Homes in Jamestown have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in Jamestown was $104,566 in November 2024, up 10.1% from last year, and the median price per square foot was $65.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $139.4K | +11.6% |
| 2 Bedrooms | $92K | $105K | +14.1% |
| 3 Bedrooms | $96.5K | $122K | +26.4% |
| 4 Bedrooms | $91K | $88K | -3.3% |
| 5+ Bedrooms | $80K | $89.9K | +12.4% |
Summary: Jamestown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.6%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 26.4%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 12.4%.
Housing Supply in Jamestown, NY
How many homes are available in Jamestown, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 174 | 142 | -18.4% |
Summary: The Jamestown real estate market had 142 homes for sale in November 2024, a 18.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 27 | 15 | -44.4% |
| 3 Bedrooms | 76 | 68 | -10.5% |
| 4 Bedrooms | 37 | 30 | -18.9% |
| 5+ Bedrooms | 32 | 29 | -9.4% |
Summary: The Jamestown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 44.4%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 18.9%, and 5+ bedroom homes decreased by 9.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 21 | -38.2% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jamestown, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Jamestown in November 2024, down by 38.2% month-over-month. Of the 21 sold homes, 48% were sold under asking, 29% were sold at asking, and 24% were sold over asking.
Days on Market for Jamestown, NY
How long does it take to sell a home in Jamestown, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 27 Days | -20.6% |
Summary: Homes in Jamestown had an average of 27 days on market in Nov 2024, down by 20.6% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were 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, 21 homes were sold in Jamestown; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
