Jamestown, ND—58401
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Jamestown, ND
As of Oct '25, the median home price in Jamestown, ND is $227,000, with a year-over-year change of 5.4%. This indicates that home prices in Jamestown, ND are increasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $227,000 | 5.4% |
| Single Family | $227,000 | 6.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $230,000 | 5.5% |
4 Bed | $300,000 | 5.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Jamestown, ND
As of July '25, Rentcast reports the average rent in Jamestown, ND is $1,130, with a year-over-year rent change of 41.3%. Per bedroom, the median rent as of July '25 in Jamestown, ND is 1-bedrooms: $791, 2-bedrooms: $1,040, 3-bedrooms: $1,410. The most common rental property sizes in Jamestown, ND are 2-bedroom and 1-bedroom, accounting for 48.7% and 28.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,050 | $1,130 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $625 | $791 |
| 2 Bed Rent | $889 | $1,040 |
| 3 Bed Rent | $1,400 | $1,410 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Jamestown, ND
As of Oct '25, Realtor.com reports that the median days on market for a home in Jamestown, ND is 48. This is a increase of 7.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $277,000 | 19.0% |
Listing Count | 60 | 19.0% |
| Listings as % of Homes | 0.5% | 19.0% |
Days on Market | 48 | 7.0% |
Demographics — Jamestown, ND
As of the latest ACS Survey released in 2023, Jamestown, ND has a population of 17,300, which has increased by 1.1% over the past 5 years. Jamestown, ND is a moderately popular place for families, as children make up 19.7% of the population. The area has a poorly educated workforce, with 23.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,300 | 1.1% |
% Under 18 | 19.7% | -1.5% |
% Seniors | 21.0% | 12.9% |
% WFH | 4.3% | 65.4% |
% w/ College Degree | 23.6% | -6.0% |
As of the latest ACS Survey released in 2023, Jamestown, ND is a predominantly white area, with 89.9% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Jamestown, ND is hispanic, making up 3.2% of the population. Foreign-born residents account for 2.9% of the population in Jamestown, ND, and this percentage has increased by 61.1% 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 | 89.9% | -2.7% |
% Black | 2.4% | 84.6% |
% Hispanic | 3.2% | 28.0% |
% Asian | 0.6% | 20.0% |
% Foreign Born | 2.9% | 61.1% |
Mortgage and Risk — Jamestown, ND
According to HUD data as of 2023, there were 329 mortgage originations in Jamestown, ND, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Jamestown, ND. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 329 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Jamestown, ND
Jamestown, ND lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 735 |
Total Units Section 8 | 697 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 56.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $85 | $625 | $710 |
| 2 Bedroom | $41 | $889 | $930 |
| 3 Bedroom | -$100 | $1,400 | $1,300 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Jamestown, ND
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $227,000 |
| Median Household Income | $59,200 |