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City-owned Homes And Land in Jamestown, RI

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Living in Jamestown, RI

Jamestown, RI is a picturesque coastal community on Conanicut Island known for its scenic waterfront views and rich history. Residents enjoy outdoor activities such as hiking and boating, combined with a close-knit community atmosphere. The town has excellent schools and is conveniently located near urban amenities in Newport.

Current Market Conditions in Jamestown, RI

The real estate market in Jamestown is characterized by a mix of charming historic homes and contemporary constructions, attracting buyers looking for both relaxation and investment opportunities. With a limited supply of properties, the demand remains high, making it a competitive market for real estate investors.

Current trends show a steady appreciation in property values, with waterfront and near-waterfront homes particularly sought after. Investors can expect potential for both short-term rental income and long-term capital appreciation due to the area's desirable location and amenities.

Home Value Estimator For Jamestown, RI

There are currently 2,757 real estate properties in Jamestown, RI, with a median automated valuation model (AVM) price of $1,033,596.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Jamestown, RI, 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 Jamestown, RI, is $1,462,619.00, with the most expensive house in Jamestown, RI, topping out at $16,232,379.00 and the cheapest home in Jamestown, RI, clocking in at $255,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Jamestown, RI!

Rent Prices In Jamestown, RI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Jamestown, RI, is on a rollercoaster ride. The average rent price in Jamestown, RI, is $2,971.00. Indeed, when looking to rent in Jamestown, RI, you can expect to pay as little as $1,500.00 or as much as $5,520.00, with the average rent median estimated to be $2,850.00. The good news is that finding an affordable and desirable property to rent in Jamestown, RI -- 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.

Jamestown, RI City-owned Homes And Land


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