There are currently 24 real estate properties in Jamaica, IA, with a median automated valuation model (AVM) price of $158,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Jamaica, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Jamaica, IA, is $211,629.00, with the most expensive house in Jamaica, IA, topping out at $674,200.00 and the cheapest home in Jamaica, IA, clocking in at $56,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Jamaica, IA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Jamaica, IA, is on a rollercoaster ride. The average rent price in Jamaica, IA, is $1,417.00. Indeed, when looking to rent in Jamaica, IA, you can expect to pay as little as $910.00 or as much as $2,240.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Jamaica, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Jamaica, IA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Jamaica, IA and much more. Save thousands at closing with home foreclosure listings in Jamaica, IA — up to 75% off market value!
Jamaica is located in Guthrie, Iowa, with an estimated municipal population of 218 residents. All of the best foreclosed homes for sale in Jamaica are located in the following zip code areas on Foreclosure.com: 50128. The estimated population per square kilometer (.62 miles) in Jamaica is 184.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Jamaica, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Jamaica is 38.7, split between 58.2 percent male versus 41.8 female. The percentage of residents who report being married in Jamaica is 48.1, with an average family size of 3.06.
The percentage of residents who report their race in Jamaica is as follows:
|Black / African American||0%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Jamaica? Or maybe you are searching for 55+ active adult communities in and/or near Jamaica?
The percentage of residents who report their age in Jamaica is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Jamaica with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Jamaica.
How do you know that living in -- or moving to -- Jamaica is right where you need to be? Perhaps you grew up in Jamaica or already live nearby; therefore, the decision to buy a home in Jamaica is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Jamaica for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Jamaica:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Jamaica.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Jamaica can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Jamaica, meanwhile, can field multiple offers from more qualified buyers.