Is Jamestown, NM 87347 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Jamestown is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Jamestown housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

McKinley County, NM

Population	448
Average income	$109,468
Median home value	$157,800
Owner-occupied	73% of homes
Median year built	1997

Natural hazard riskWildfire (moderate), winter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 87347; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 87347

Prefilled for 87347Can I win this house?Multiple-offer likelihood for a listing Prefilled for 87347Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Continental Divide 87312 — /sq ft Gallup 87301Balanced $149 /sq ft Prewitt 87045 — /sq ft Thoreau 87323Buyer’s market $32 /sq ft Browse all markets →

Where Jamestown is

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Questions about Jamestown real estate

What are property taxes in Jamestown?

About 2.00% of a home’s value a year in McKinley County, or roughly $8,000 on a $400,000 home.

Local agents

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More tools for 87347

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value McKinley County property taxes McKinley County loan limits Closing costs in New Mexico Hottest ZIP codes in New Mexico

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