Is Jamestown, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Jamestown was a Buyer's Market.
Housing Prices in Jamestown, VA
How much do homes in Jamestown, VA cost?
Median Sold Price
$465,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jamestown was $465,000 in April 2024, up 24% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $285K | N/A |
2 Bedrooms | $215.2K | $310K | +44.0% |
3 Bedrooms | $300K | $436K | +45.3% |
4 Bedrooms | $520K | $490K | -5.8% |
5+ Bedrooms | $425K | $754.5K | +77.5% |
Summary: Jamestown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 44%, 3 bedroom homes increased by 45.3%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes increased by 77.5%.
Median Sold Price Compared To Nearby Cities
Jamestown | $375K | $465K | +24.0% |
Williamsburg | $442.5K | $480.2K | +8.5% |
Williamsburg | $455.7K | $482K | +5.8% |
Berkeley | $512.5K | $522.5K | +2.0% |
Housing Supply in Jamestown, VA
How many homes are available in Jamestown, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
57 | 52 | -8.8% |
Summary: The Jamestown real estate market had 52 homes for sale in April 2024, a 8.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 22 | 18 | -18.2% |
4 Bedrooms | 21 | 17 | -19.0% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Jamestown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 18 | +12.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Jamestown in April 2024, up by 12.5% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.
Days on Market for Jamestown, VA
How long does it take to sell a home in Jamestown, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
4 Days | 36 Days | +685.0% |
Summary: Homes in Jamestown had an average of 36 days on market in Apr 2024, up by 685% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Jamestown; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.