$2,995,000
3,924 SqFt
5 Beds
•4 Full Baths, 1 Partial
Listing Office: Mott & Chace Sotheby's Intl.
October 2024
Report Updated 20 Days Ago
Is Jamestown, RI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Jamestown has remained a Seller's Market.
How much do homes in Jamestown, RI cost?
$1,087,500
$573/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in Jamestown was $1,087,500 in October 2024, up 14.5% from last year, and the median price per square foot was $573.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $635.7K | $500K | -21.4% |
2 Bedrooms | $796.6K | $850K | +6.7% |
3 Bedrooms | $980K | $1.1M | +12.2% |
4 Bedrooms | $1.1M | $1.4M | +17.2% |
5+ Bedrooms | $3.6M | $2.8M | -21.9% |
Summary: Jamestown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.4%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes decreased by 21.9%.
Middletown | $630K | $722.5K | +14.7% |
Jamestown | $950K | $1.0M | +14.5% |
Newport | $793.5K | $896.5K | +13.0% |
How many homes are available in Jamestown, RI?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
47 | 45 | -4.3% |
Summary: The Jamestown real estate market had 45 homes for sale in October 2024, a 4.3% decrease compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 12 | 10 | -16.7% |
3 Bedrooms | 17 | 17 | 0.0% |
4 Bedrooms | 14 | 13 | -7.1% |
5+ Bedrooms | 3 | 4 | +33.3% |
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 16.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 33.3%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
6 | 10 | +66.7% |
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Jamestown in October 2024, up by 66.7% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.
How long does it take to sell a home in Jamestown, RI?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
85 Days | 43 Days | -49.5% |
Summary: Homes in Jamestown had an average of 43 days on market in Oct 2024, down by 49.5% compared to last year.
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During October 2024, 10 homes were sold in Jamestown; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% 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
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MLS Disclaimers and Copyright
Based on information from Rhode Island State Wide MLS for the period 11/01/2022 - 11/01/2024
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 5:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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