Jamestown, NY is an affordable place to buy a home, with the median value of housing at $108,900. This is significantly lower than the US House median value of $338,100 and demonstrates a great opportunity for potential buyers. In addition to the lower house prices, Jamestown has seen greater appreciation in house values over the last year compared to the national average. The US has seen an increase in house values by 8.27% while Jamestown has experienced a 12.09% appreciation in home values over the course of one year. Clearly this makes Jamestown an attractive place for potential homeowners looking for affordability and future value appreciation.
The median home cost in Jamestown is $108,900. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Jamestown is up 14.6%.
Average Age of Homes
- The median age of Jamestown real estate is 78 years old
The Rental Market in Jamestown
- Renters make up 43.4% of the Jamestown population
- 2.1% of houses and apartments in Jamestown, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.