Jamestown, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Jamestown Neighborhoods Since 2000




Jamestown, PA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Jamestown Housing Market Information

With a population of 595, 275 total housing units (homes and apartments), and a median house value of $100,256, house prices in Jamestown are solidly below the national average.

Single-family detached homes are the single most common housing type in Jamestown, accounting for 73.11% of the borough's housing units. Other types of housing that are prevalent in Jamestown include mobile homes or trailers ( 14.43%), large apartment complexes or high rise apartments ( 7.54%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.92%).

Dwellings in Jamestown tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 52.13% of the homes in Jamestown have two or fewer bedrooms.

The housing in Jamestown was primarily built before 1939 ( 58.69%), making the housing stock in Jamestown some of the oldest overall in America, although there is a range of ages of homes in Jamestown. The next most important housing age is between 1940-1969 ( 24.26%), followed by between 1970-1999 ( 14.10%). There's also some housing in Jamestown built between 2000 and later ( 2.95%).

Jamestown Home Appreciation Rates

Real estate appreciation rates in Jamestown's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.34% during the period.

Over the last year, Jamestown appreciation rates have trailed the rest of the nation. In the last twelve months, Jamestown's appreciation rate has been 1.53%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Jamestown were at 2.15%, which equates to an annual appreciation rate of 8.89%.

Importantly, this makes Jamestown one of the highest appreciating communities in the nation for the latest quarter, and may signal the borough's near-future real estate investment strength.

Relative to Pennsylvania, our data show that Jamestown's latest annual appreciation rate is lower than 60% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$100,256

Jamestown, PA HOME PRICES

Value Range
> $1,045,000 0.0
$784,001 - $1,045,000 1.1
$522,001 - $784,000 0.8
$418,001 - $522,000 0.0
$314,001 - $418,000 3.0
$209,001 - $314,000 13.5
$104,001 - $209,000 24.3
$52,001 - $104,000 40.7
$0 - $52,000 16.5

Low for PA
Low for Nation

Value Relative to Nation Value Relative to State
77.4317356146724 76.3285024154589

Number Of Homes And Apartments:
275

Jamestown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
14.03% 0.76% 1 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$810 / per month

Homeownership Rate

Homeownership
Owners 67.27
Renters 32.73
Vacant 9.84

Housing Market Details

 

Age of Homes

AGE OF Jamestown HOMES
2000 or Newer 3.0
1970 - 1999 14.1
1940 - 1969 24.3
1939 or Older 58.7

Types of Homes

TYPE OF Jamestown HOMES
Single-Family 73.1
Townhomes 0.0
Small Apt. Buildings 4.9
Apt. Complexes 7.5
Mobile Homes 14.4
Other 0.0

Home Size

SIZE OF Jamestown HOMES
No Bedroom 0.00
1 Bedroom 14.10
2 Bedrooms 38.03
3 Bedrooms 31.15
4 Bedrooms 15.41
5 or more bedrooms 1.31