Home Values

Jamaica 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

$351,700

  • 6.4% 1-year change
  • 1.3% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Very Cold

Buyers' Market
Sellers' Market

The median home value in Jamaica is $351,700. Jamaica home values have gone up 6.4% over the past year and Zillow predicts they will rise 1.3% within the next year. The median list price per square foot in Jamaica is None. The median rent price in Jamaica is $1,700, which is lower than the New York median of $2,600.

Foreclosures will be a factor impacting home values in the next several years. In Jamaica 3.2 homes are foreclosed (per 10,000). This is greater than the New York value of 0.7 and also lower than the national value of 3.5

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Relative ZHVI
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Jamaica Market Overview

Data through May 31, 2015
  • $351,700 ZHVI
  • 1.3% 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
    (May 31, 2016)
  • No data Median listing price
  • $348,625 Median sale price
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Jamaica Market Health

Data through May 31, 2015
  • No recent data Healthy
  • No data Average days on Zillow
  • No data Homes with negative equity (15.4% US Avg)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

3.2 homes Jamaica
0.7 homes New York
3.5 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Holliswood $901,000
Jamaica Estates $878,800
Hillcrest $555,000
Name Median ZHVI
Jamaica Hills $516,000
Briarwood $424,300
Hollis $383,200
Name Median ZHVI
South Ozone Park $379,100
Rochdale $364,100
St. Albans $362,700

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $278 Median sale price / sq ft
  • No data Listings with price cut
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Jamaica Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,972 Jamaica
    $2,219 New York
    $1,367 United States

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

  • 2.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,700 Rent list price
  • No data Rent list price / sq ft
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