Home Values

Jamaica Estates Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$901,300

  • 5.2% 1-year change
  • 1.6% 1-year forecast

The median home value in Jamaica Estates is $901,300. Jamaica Estates home values have gone up 5.2% over the past year and Zillow predicts they will rise 1.6% within the next year. The median price of homes currently listed in Jamaica Estates is $439,000. The median rent price in Jamaica Estates is $1,650, which is lower than the New York median of $2,400.

Foreclosures will be a factor impacting home values in the next several years. In Jamaica Estates 2.3 homes are foreclosed (per 10,000). This is greater than the New York value of 0.4 and also lower than the national value of 4.2

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Relative ZHVI
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Jamaica Estates Market Overview

Data through Nov 30, 2014
  • $901,300 ZHVI
  • 1.6% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $439,000 Median listing price
  • No data Median sale price
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Jamaica Estates Market Health

Data through Nov 30, 2014
  • 6.1/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

2.3 homes(Aug 31, 2013) Jamaica Estates
0.4 homes New York
4.2 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Holliswood $891,000
Utopia $737,100
Fresh Meadows $719,900
Name Median ZHVI
Hillcrest $596,600
Jamaica Hills $556,700
Pomonok $447,300
Name Median ZHVI
Briarwood $437,200
Hollis $392,600
Jamaica $345,100

Listings & Sales

Data through Nov 30, 2014
  • $410 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
12.2%
Sold below listing
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Jamaica Estates Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $2,292 Jamaica Estates
    $2,196 New York
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 4.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,650 Rent list price
  • No data Rent list price / sq ft
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