The housing market in Jamestown, TN is booming compared to the national average. The median value of homes in Jamestown is $173,900, which is significantly lower than the US house median value of $338,100. Over the past year, the US house appreciation has been 8.27%, while houses in Jamestown have appreciated 19.24% over that same time period. This high rate of appreciation means that people are investing heavily in Jamestown’s housing market and that now may be a great time to buy a home here before prices continue to increase.
The median home cost in Jamestown is $173,900. Home appreciation the last 10 years has been 111.1%. Home Appreciation in Jamestown is up 25.2%.
Average Age of Homes
- The median age of Jamestown real estate is 40 years old
The Rental Market in Jamestown
- Renters make up 50.5% of the Jamestown population
- 6.6% 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.