Is Jamestown, ND 58401 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Jamestown is a seller’s market. With about 2.7 months of supply and 18% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score37/ 100

More competitive than 36% of U.S. ZIP codes, and #17 of 20 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.7Under 4 months = seller’s market
Sold above original list17.6%Share of sales, last 3 months
Median sale-to-list96.3%Sold price ÷ list price
Median days on market50Listing to accepted offer
Median price per sq ft$120▼ −3.7% vs. last year

The Jamestown housing market right now

In the three months ending August 31, 2026, 18% of homes in Jamestown, ND 58401 sold above their list price, the typical home went under contract in 50 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 52 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (16% then), homes sold faster (60 days then) and the median sale price held steady to $244,794. Overall, Jamestown is more competitive than a year ago, so tougher for buyers.

On our competition score, Jamestown ranks #17 of 20 ND ZIP codes with enough sales (score 37 out of 100).

Nearby markets

Buchanan 58420 — /sq ftJamestown 58405 — /sq ftKensal 58455 — /sq ftMedina 58467 — /sq ft Browse all markets →

Where Jamestown is

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Questions about Jamestown real estate

Is Jamestown a buyer’s or seller’s market?

A seller’s market: there were 2.7 months of supply in Jamestown, ND 58401 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Jamestown?

The typical home went under contract in 50 days in the latest three months.

Do homes in Jamestown sell over asking?

18% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.

What are property taxes in Jamestown?

About 1.10% of a home’s value a year in Stutsman County, or roughly $4,400 on a $400,000 home.

What is the median home price in Jamestown?

The median sale price was $244,794 in the three months ending August 31, 2026, about $120 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology