Explore Jamesburg, NJ - Market Insights, Demographics, Crime, Trends & Hotspots

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Median Price
$426,000

Market Insights

Jamesburg's real estate market is experiencing a price correction, with values down 8.9% from last year. Home prices have decreased 6.8% in the past month. At the current pace, all available homes in Jamesburg would sell out in just 0.6 months, indicating a continued supply shortage. Transaction volume is up 500% compared to what's typically expected this time of year. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. The majority of homes (83.3%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Jamesburg market with the affordability index at 385.9. Based on current market indicators, home prices in Jamesburg are projected to decrease by approximately 5.3% over the next month.

Demographics market for - Jamesburg, NJ

Total Population -

7,008

White Population

72.09%

Black Population

1.80%

Mexican17.80% (3.97% of total population)
Puerto Rican37.20% (8.29% of total population)
Cuban0.64% (0.14% of total population)
Dominican8.00% (1.78% of total population)
Salvadoran0%
Costa Rican0%
Gautemalan4.42% (0.98% of total population)
Honduran0%
Nicaraguan0%
Panamanian0%
Argentinean0%
Bolivian0%
Chilean0%
Colombian0%
Ecuadorian27.46% (6.12% of total population)
Peruvian3.84% (0.86% of total population)
Uruguyan0%
Venezuelan0.64% (0.14% of total population)

Indian 13.19% (2.94% of total population)
Bangladeshi 0%
Chinese 0%
Bhutanese 0%
Burmese 0%
Filipino 3.97% (0.88% of total population)
Hmong 0%
Indonesian 0%
Japanese 0%
Korean 0%
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Thai 0%
Vietnamese 0%

Hawaiian0%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Jamesburg, NJ

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Real Estate Market Prediction for - Jamesburg, NJ

City Hotspots
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