New - 1 day on Rocket
$9,963 Closing Credit¹
#73328225, Abigail Marjollet, Listing Office: RESIS
Jamaica Plain Housing Market Report December 2024•Suffolk County, Massachusetts
Housing Prices in Jamaica Plain, MA
How much do homes in Jamaica Plain, MA cost?
Housing Market Conditions
Is Jamaica Plain, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Jamaica Plain is a Seller's Market
Difference Since December 2023
Since last year, Jamaica Plain has remained a Seller's Market.
Insight
Jamaica Plain is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$825,000$642/SqFt
+$90,000
+12.2%
Based on all homes sold in the last 12 months
Insight
Homes in Jamaica Plain have sold for 12.2% more than they did a year ago.
Summary: The median home sold price in Jamaica Plain was $825,000 in December 2024, up 12.2% from last year, and the median price per square foot was $642.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Forest Hills | $591.5K | $723.5K | +22.3% |
| Jamaica Plain | $735K | $825K | +12.2% |
| Moss Hill | $1.0M | $1.2M | +11.3% |
| Hyde Square | $737.5K | $765K | +3.7% |
| Egleston Square | $740K | $760K | +2.7% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $425K | $450K | +5.9% |
| 22 Bedrooms | $657.5K | $675K | +2.7% |
| 33 Bedrooms | $902.5K | $940K | +4.2% |
| 44 Bedrooms | $1.3M | $1.3M | 0.1% |
| 55+ Bedrooms | $1.2M | $1.6M | +26.9% |
Summary: Jamaica Plain housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +5.9%. The home price for 2 bedroom homes increased by +2.7%. The home price for 3 bedroom homes increased by +4.2%. The home price for 4 bedroom homes increased by 0.1%. The home price for 5 bedroom homes increased by +26.9%.
Housing supply in Jamaica Plain, MA
How many homes are available in Jamaica Plain, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 60Last MonthDec 2024 | ||
| 752 months agoNov 2024 | -20.0 % Change MoMNov – Dec |
Summary: The Jamaica Plain real estate market had 60 homes for sale in Dec 2024, a 20.0 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 24Last MonthDec 2024 | ||
| 172 months agoNov 2024 | +41.2 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 9 | 7 | -22.2% |
| 22 Bedrooms | 23 | 18 | -21.7% |
| 33 Bedrooms | 24 | 18 | -25.0% |
| 44 Bedrooms | 7 | 5 | -28.6% |
| 55+ Bedrooms | 12 | 12 | 0.0% |
Summary: Jamaica Plain housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -22.2%. The inventory for 2 bedroom homes decreased by -21.7%. The inventory for 3 bedroom homes decreased by -25.0%. The inventory for 4 bedroom homes decreased by -28.6%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Jamaica Plain, MA cost?
Over Asking Price7 Homes
At Asking Price4 Homes
Under Asking Price13 Homes
Insight
If you're buying a home in Jamaica Plain, you may be able to get a good deal. 54.2% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Jamaica Plain in December 2024, up by 41.2% month-over-month. Of the 24 sold homes, 54% were sold under asking, 17% were sold at asking, and and 29% were sold over asking.
Days on Market for Jamaica Plain, MA
How long does it take to sell a home in Jamaica Plain, MA?
Breakdown of Home Sale Times
Under 30 Days14 Homes
30 – 90 Days7 Homes
Over 90 Days3 Homes
Insight
Many homes in Jamaica Plain are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 24 homes were sold in Jamaica Plain; 58% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 41 DaysThis YearDec 2024 | ||
| 42 Days1 year agoDec 2023 | -2.7 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Jamaica Plain had an average listing age of 41 days in Dec 2024, down by 2.7% compared to the previous year.
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Newest Listings in Jamaica Plain, MA
What homes are available in Jamaica Plain, MA?
New - 1 day on Rocket
$10,000 Closing Credit¹
#73328154, Victoria Tran Slomiak, Listing Office: Lineage Realty Group
New - 2 days on Rocket
$5,878 Closing Credit¹
#73327951, The Boston Home Team, Listing Office: Gibson Sotheby's International Realty
New - 2 days on Rocket
$9,488 Closing Credit¹
#73327940, Adams & Co. Team, Listing Office: Real Broker MA, LLC
New - 6 days on Rocket
$9,488 Closing Credit¹
#73327185, Elane Fine, Listing Office: William Raveis R. E. & Home Services
New - 6 days on Rocket
$8,608 Closing Credit¹
#73327049, M. J. Taglieri, Listing Office: Options Real Estate Services, LLC
Backup offers
$10,000 Closing Credit¹
#73326571, Christian Iantosca Team, Listing Office: Arborview Realty Inc.
$9,963 Closing Credit¹
#73326182, Dara Alperen-Cipollone, Listing Office: RESIS
$10,000 Closing Credit¹
#73325921, Block Capital Realty Team, Listing Office: Block Capital Realty LLC
$7,539 Closing Credit¹
#73324908, Block Capital Realty Team, Listing Office: Block Capital Realty LLC
$10,000 Closing Credit¹
#73324654, Kurt Martell, Listing Office: Compass
$10,000 Closing Credit¹
#73324657, Kurt Martell, Listing Office: Compass
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Based on information from MLS Property Information Network Inc., for the period 01/01/2023 - 01/01/2025
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/23/2025, 7:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.