$2,018 Closing Credit*
$169,900
872 SqFt
2 Beds
•1 Full Bath
Listing Office: Tennessee Life Real Estate Professionals
Is Jamestown, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 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, TN
How much do homes in Jamestown, TN cost?
Median Sold Price
$255,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+10.9%)
Key Takeaway
Homes in Jamestown have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in Jamestown was $255,000 in October 2024, up 10.9% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $226K | +73.8% |
| 2 Bedrooms | $172K | $212.5K | +23.5% |
| 3 Bedrooms | $259.9K | $277K | +6.6% |
| 4 Bedrooms | $232.5K | $307.5K | +32.3% |
| 5+ Bedrooms | $369K | $1.2M | +238.8% |
Summary: Jamestown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 73.8%, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 32.3%, and 5+ bedroom homes increased by 238.8%.
Housing Supply in Jamestown, TN
How many homes are available in Jamestown, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 159 | 166 | +4.4% |
Summary: The Jamestown real estate market had 166 homes for sale in October 2024, a 4.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 9 | +28.6% |
| 2 Bedrooms | 29 | 30 | +3.4% |
| 3 Bedrooms | 108 | 112 | +3.7% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Jamestown housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 15 | -21.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
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 15 homes were sold or pending in Jamestown in October 2024, down by 21.1% month-over-month. Of the 15 sold homes, 67% were sold under asking, 20% were sold at asking, and 13% were sold over asking.
Days on Market for Jamestown, TN
How long does it take to sell a home in Jamestown, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 55 Days | 51 Days | -6.6% |
Summary: Homes in Jamestown had an average of 51 days on market in Oct 2024, down by 6.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 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 October 2024, 15 homes were sold in Jamestown; 47% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms. 
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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