Is Jamestown, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jamestown is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 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, OH

How much do homes in Jamestown, OH cost?

Median Sold Price

$245,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,050(+11.4%)

Key Takeaway

Homes in Jamestown have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in Jamestown was $245,000 in October 2024, up 11.4% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $325K$139K
-57.2%
2 $132K$182.5K
+38.3%
3 $210K$232.4K
+10.7%
4 $262.5K$309.3K
+17.9%
5+ $287K$135K
-53.0%

Summary: Jamestown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.2%, 2 bedroom homes increased by 38.3%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes decreased by 53%.

Median Sold Price Compared To Nearby Cities

Jamestown
+11.4%
Silvercreek Township
-7.3%

Housing Supply in Jamestown, OH

How many homes are available in Jamestown, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
26260.0%

Summary: The Jamestown real estate market had 26 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1216
+33.3%
4 117
-36.4%
5+ 22
0.0%

Summary: The Jamestown housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jamestown, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Jamestown in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Jamestown, OH

We’re sorry, we don't have information for this market at the moment

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, OH

Nearby Markets to Jamestown, OH