Jamestown is a mid-sized community of roughly 30,000 residents in New York, with an entry-level price point that puts ownership within reach of a wide range of budgets.
| State | New York |
|---|---|
| Population | 30,000 |
| Median home value | $125,000 |
| Active listings | 96 |
| Median across New York communities we track | $630,000 |
The Jamestown housing market
At $125,000, the median home value is roughly 80% below the New York median in our dataset — among the most affordable addresses we cover in the state.
Roughly 96 active listings at last count. That is enough to compare alternatives but not enough to be casual about a property you actually want.
Buying in Jamestown
Investor arithmetic works differently at this price point. Lower entry prices tend to produce stronger gross rent multipliers, but fixed costs — insurance, management, a roof — do not scale down with price. Underwrite reserves as a dollar figure, not a percentage.
Before you make an offer, work out what the monthly payment actually looks like at this price level. Our mortgage calculator includes property tax, insurance, and mortgage insurance rather than just principal and interest, and the affordability calculator solves backwards from your income to a purchase price a lender would support. If you are weighing a purchase against continuing to rent, the rent vs buy calculator accounts for transaction costs on both ends.
Investing in Jamestown
For rental investors, the questions here are rent-to-price ratio, the property tax burden, insurance cost, and the depth of the tenant pool at this population size. Underwrite with honest vacancy, management, maintenance, and capital reserves rather than rent minus mortgage — see our cash flow calculator and the rental underwriting guide. Verify short-term rental rules with the municipality before assuming any STR strategy will be permitted.
Nearby communities in New York
- North Tonawanda, NY
- Port Chester, NY
- Deer Park, NY
- Lindenhurst, NY
- Commack, NY
- Oceanside, NY
- Massapequa, NY
- Mineola, NY
Frequently asked questions
What is the median home value in Jamestown, NY?
The median home value in Jamestown is approximately $125,000. At $125,000, the median home value is roughly 80% below the New York median in our dataset — among the most affordable addresses we cover in the state. Values move with the market and vary widely by neighborhood, condition, and lot — treat this as a starting point and verify against recent closed sales before pricing an offer.
How many homes are for sale in Jamestown?
There were roughly 96 active listings at last count. Roughly 96 active listings at last count. That is enough to compare alternatives but not enough to be casual about a property you actually want.
What should I know before buying in Jamestown?
Investor arithmetic works differently at this price point. Lower entry prices tend to produce stronger gross rent multipliers, but fixed costs — insurance, management, a roof — do not scale down with price. Underwrite reserves as a dollar figure, not a percentage. Beyond the property itself, confirm the property tax rate and any exemptions with the county assessor, and get an insurance quote before you are under contract — both vary far more by location than buyers expect. Our New York state guide covers closing practice and property law.