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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jamestown is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Jamestown was a Seller's Market.

Key Takeaway

Jamestown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Jamestown, PA

How much do homes in Jamestown, PA cost?

Median Sold Price

$330,000

$157/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$160,000(+94.1%)

Key Takeaway

Homes in Jamestown have sold for 94.1% more than they did a month ago.

Summary: The median home sold price in Jamestown was $330,000 in October 2024, up 94.1% from last month, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $160.5K-
N/A
3 $310K-
N/A
4 -$330K
N/A
5+ --
N/A

Summary: Jamestown housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Jamestown
+94.1%
Jamestown
+94.1%
Greene Township
+6.5%

Housing Supply in Jamestown, PA

How many homes are available in Jamestown, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
14140.0%

Summary: The Jamestown real estate market had 14 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 86
-25.0%
3 45
+25.0%
4 12
+100.0%
5+ 11
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 decreased by 25%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 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. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Jamestown in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Jamestown, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
45 Days332 Days+632.4%

Summary: Homes in Jamestown had an average of 332 days on market in Oct 2024, up by 632.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Jamestown are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Jamestown; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 20 Days Ago

Newest Listings in Jamestown, PA

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