Jamestown, RI—02835
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Jamestown, RI
As of Oct '25, the median home price in Jamestown, RI is $1,088,000, with a year-over-year change of -0.7%. This indicates that home prices in Jamestown, RI are flat. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,088,000 | -0.7% |
| Single Family | $1,105,000 | -1.0% |
| Condos | $917,000 | -1.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $641,000 | -2.6% |
2 Bed | $805,000 | -0.7% |
3 Bed | $1,049,000 | -0.9% |
4 Bed | $1,490,000 | -0.9% |
| 5 Bed | $2,785,000 | 0.1% |
% of Housing Stock
Rental Trends — Jamestown, RI
As of July '25, Rentcast reports the average rent in Jamestown, RI is $4,640, with a year-over-year rent change of 16.6%. Per bedroom, the median rent as of July '25 in Jamestown, RI is 2-bedrooms: $3,470, 3-bedrooms: $4,750, 4-bedrooms: $6,180. The most common rental property sizes in Jamestown, RI are 2-bedroom and 1-bedroom, accounting for 52.5% and 40.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,850 | $4,640 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $3,200 | $3,470 |
| 3 Bed Rent | $3,750 | $4,750 |
| 4 Bed Rent | $3,850 | $6,180 |
% of Rental Stock
Property Listings — Jamestown, RI
As of Oct '25, Realtor.com reports that the median days on market for a home in Jamestown, RI is 65. This is a decrease of -26.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,720,000 | -8.0% |
Listing Count | 34 | -10.0% |
| Listings as % of Homes | 0.7% | -10.0% |
Days on Market | 65 | -26.0% |
Demographics — Jamestown, RI
As of the latest ACS Survey released in 2023, Jamestown, RI has a population of 5,540, which has remained stable by 0.9% over the past 5 years. Jamestown, RI is a less popular place for families, as children make up 13.2% of the population. The area has a highly educated workforce, with 68.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,540 | 0.9% |
% Under 18 | 13.2% | -31.6% |
% Seniors | 37.2% | 55.6% |
% WFH | 21.4% | 140.4% |
% w/ College Degree | 68.5% | 6.0% |
As of the latest ACS Survey released in 2023, Jamestown, RI is a predominantly white area, with 93.3% of the population identifying as white. The white population has grown by 4.1% in the last 5 years. The second most common race or ethnicity in Jamestown, RI is hispanic, making up 0.8% of the population. Foreign-born residents account for 2.3% of the population in Jamestown, RI, and this percentage has decreased by 73.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.3% | 4.1% |
% Black | 0.1% | -66.7% |
% Hispanic | 0.8% | 60.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.3% | -73.9% |
Mortgage and Risk — Jamestown, RI
According to HUD data as of 2023, there were 126 mortgage originations in Jamestown, RI, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 42.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Jamestown, RI. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 126 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 1.0% |
% Second Loans | 13.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Jamestown, RI
Jamestown, RI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 65 |
Total Units Section 8 | 30 |
% Rentals under Section 8 | 9.1% |
% Occupied Section 8 | 81.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,920 |
| 2 Bedroom | -$850 | $3,200 | $2,350 |
| 3 Bedroom | -$920 | $3,750 | $2,830 |
| 4 Bedroom | -$410 | $3,850 | $3,440 |
Affordability — Jamestown, RI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7 |
| Median Home Price | $1,088,000 |
| Median Household Income | $141,000 |