Jamaica Plain's October First-Time Homebuyer Report

Jamaica Plain has one of the most prosperous populations in Boston with a median income of $53,995 per household. On top of being ranked the sixth- most affluent neighborhood, it also ranks as the sixth-youngest with a median age of 33 years. The Jamaica Plain market is mostly made up of condos and townhouses, currently accounting for 40% overall. The top school in the neighborhood is Baldwin Elc.

Price Range

Homes in Jamaica Plain are generally more expensive than others in the city with a median home value of $375,306 and an average list price of $805,806. The Jamaica Plain market showed no signs of halting a nine-week downward contraction, with a record low 23 homes sold in the last 30 days. Sales showed a 4.2% downturn from the prior period, returning to a low not seen since April.

Make sure you take a look at these eye-catching homes in Jamaica Plain that generated the most views from potential buyers:

$349K   $259K   $1.1M  

Typical Dwelling

The typical dwelling in Jamaica Plain is a two-bedroom condo worth about $483,580. To purchase a similar home, a buyer with good credit and a $96,716 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,481 monthly payment. The property tax rate is $9.23 per $1,000 of taxable assessed value.

Get started right now by checking out Jamaica Plain homes for sale or reviewing Jamaica Plain real estate trends.


Data reported through 10/13/2016

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