Jamestown, NY—14701
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Jamestown, NY
As of Oct '25, the median home price in Jamestown, NY is $121,000, with a year-over-year change of 4.5%. This indicates that home prices in Jamestown, NY are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $121,000 | 4.5% |
| Single Family | $121,000 | 4.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $75,000 | 0.0% |
2 Bed | $112,000 | 4.7% |
3 Bed | $120,000 | 3.4% |
4 Bed | $153,000 | 6.2% |
| 5 Bed | $208,000 | 8.9% |
% of Housing Stock
Rental Trends — Jamestown, NY
As of July '25, Rentcast reports the average rent in Jamestown, NY is $1,640, with a year-over-year rent change of 94.8%. Per bedroom, the median rent as of July '25 in Jamestown, NY is studios: $1,750, 1-bedrooms: $855, 2-bedrooms: $1,300, 3-bedrooms: $2,880. The most common rental property sizes in Jamestown, NY are 2-bedroom and 1-bedroom, accounting for 41.2% and 27.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,640 |
| Studio Rent | $1,750 | $1,750 |
| 1 Bed Rent | $850 | $855 |
| 2 Bed Rent | $1,100 | $1,300 |
| 3 Bed Rent | $1,950 | $2,880 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Jamestown, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Jamestown, NY is 54. This is a decrease of -12.0% 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 | $97,400 | -15.0% |
Listing Count | 163 | 16.0% |
| Listings as % of Homes | 0.3% | 16.0% |
Days on Market | 54 | -12.0% |
Demographics — Jamestown, NY
As of the latest ACS Survey released in 2023, Jamestown, NY has a population of 39,200, which has decreased by -1.3% over the past 5 years. Jamestown, NY is a moderately popular place for families, as children make up 23.0% of the population. The area has a poorly educated workforce, with 24.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,200 | -1.3% |
% Under 18 | 23.0% | 4.5% |
% Seniors | 18.0% | -2.2% |
% WFH | 7.5% | 212.5% |
% w/ College Degree | 24.8% | 26.5% |
As of the latest ACS Survey released in 2023, Jamestown, NY is a predominantly white area, with 82.0% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Jamestown, NY is hispanic, making up 10.7% of the population. Foreign-born residents account for 2.6% of the population in Jamestown, NY, and this percentage has increased by 62.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 82.0% | -4.4% |
% Black | 2.9% | -19.4% |
% Hispanic | 10.7% | 55.1% |
% Asian | 0.4% | -20.0% |
% Foreign Born | 2.6% | 62.5% |
Mortgage and Risk — Jamestown, NY
According to HUD data as of 2023, there were 377 mortgage originations in Jamestown, NY, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Jamestown, NY. Investor activity is low, as 7.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 377 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 7.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Jamestown, NY
Jamestown, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1,381 |
Total Units Section 8 | 1,116 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 92.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$130 | $850 | $720 |
| 2 Bedroom | -$170 | $1,100 | $930 |
| 3 Bedroom | -$740 | $1,950 | $1,210 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Jamestown, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $121,000 |
| Median Household Income | $50,900 |