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Foreclosure Homes in Jamaica, IA

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Jamaica, IA Foreclosures

How much do homes sell for in Jamaica, IA?
The average home price is currently $192,333.
In Jamaica, IA, how many homes are available?
There are currently 9 active home listings available in Jamaica.
What’s the average rental cost in Jamaica, IA?
The average rental price in Jamaica is $1,163.
What is the most expensive home in Jamaica?
The most expensive home sold in Jamaica had a price of $2,109,637.
What is currently the cheapest priced home in Jamaica, IA?
The cheapest home for sale in Jamaica is priced at $17,120.

Living in Jamaica, IA

Jamaica, Iowa is a small, charming town with a strong sense of community and scenic surroundings. Offering a peaceful, rural lifestyle, it is ideal for those looking to escape the hustle and bustle of city life. With access to local amenities and outdoor activities, Jamaica provides a unique living experience.

Current Market Conditions in Jamaica, IA

The real estate market in Jamaica, IA has shown steady growth in recent months, with an increase in demand for homes as more people seek a quieter, rural lifestyle. The market is characterized by a mix of older homes and new constructions, providing a variety of options for buyers.

Current market analysis indicates a favorable environment for sellers, with homes typically receiving multiple offers. Properties are selling close to the asking price, reflecting the attractiveness of the locality to potential homeowners.

Home Value Estimator For Jamaica, IA

There are currently 193 real estate properties in Jamaica, IA, with a median automated valuation model (AVM) price of $122,463.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Jamaica, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Jamaica, IA, is $192,333.00, with the most expensive house in Jamaica, IA, topping out at $2,109,637.00 and the cheapest home in Jamaica, IA, clocking in at $17,120.00. In other words, there’s something for every potential homebuyer or savvy investor in Jamaica, IA!

Rent Prices In Jamaica, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Jamaica, IA, is on a rollercoaster ride. The average rent price in Jamaica, IA, is $1,163.00. Indeed, when looking to rent in Jamaica, IA, you can expect to pay as little as $700.00 or as much as $2,240.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Jamaica, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Jamaica, IA Foreclosures


Market Trend for Jamaica, IA

Total Listings Available: 9

Market Values:

Home Prices from $17,120 to $2,109,637

Average Sales Price: $192,333

Rental Values:

Rental from $700 to $2,240

Average Rent Value: $1,163 / month

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