$8,016 Closing Credit*
$675,000
1,459 SqFt
3 Beds
•2 Full Baths
Jamie Wylie, Listing Office: Stratton Real Estate
Is Jamaica, VT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Jamaica has remained a Seller's Market.
Key Takeaway
Jamaica is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jamaica, VT
How much do homes in Jamaica, VT cost?
Median Sold Price
$281,000
$195/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$358,500(-56.1%)
Key Takeaway
Homes in Jamaica have sold for 56.1% less than they did a month ago.
Summary: The median home sold price in Jamaica was $281,000 in November 2024, down 56.1% from last month, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $281K | N/A |
| 3 Bedrooms | $449K | $275K | -38.8% |
| 4 Bedrooms | $830K | $640K | -22.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Jamaica housing prices by bedroom type for November 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 decreased by 38.8%, 4 bedroom homes decreased by 22.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| West Wardsboro | $415K | $567.7K | +36.8% |
| Winhall | $649K | $810K | +24.8% |
| Bondville | $649K | $710K | +9.4% |
| Jamaica | $639.5K | $281K | -56.1% |
Housing Supply in Jamaica, VT
How many homes are available in Jamaica, VT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Summary: The Jamaica real estate market had 6 homes for sale in November 2024, a 33.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Jamaica housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Jamaica, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Jamaica in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Jamaica, VT
We’re sorry, we don't have information for this market at the moment
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is 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.