Updated 2026-04-20 · Source: Redfin / RealtyTrac
From $610,000 in 2021 to $720,000 in 2024 — a gain of $110,000 or +18.0% over four years.
Source: Redfin / RealtyTrac. Median sale price reflects all residential sales.
Understanding what type of homes sell in Jamaica helps buyers and sellers set realistic expectations. The mix of 1-family, 2-family, and multi-family homes significantly affects price per square foot.
With an average of 30 days on market, Jamaica is currently a seller's market — homes move quickly and often receive multiple offers. Homes priced correctly in Jamaica typically sell within 3–4 weeks.
What this means for buyers: Come pre-approved and be ready to move fast. Contingency-heavy offers are frequently passed over in favor of cleaner bids.
What this means for sellers: Pricing at market value (not above it) yields the fastest sale and best net proceeds. Overpricing by 5% typically adds 3–4 weeks to your timeline and a price reduction.
In Jamaica, well-maintained 1-family homes trade at approximately $514–$600 per square foot. 2-family homes — valued on both living quality and rental income — often command a premium on a price-per-unit basis.
For investors, Jamaica 1-family homes rent for approximately $2,900/month. 2-family homes can generate combined rents of $5,500/month, helping offset mortgage and tax costs significantly.
→ Full Jamaica Investment & ROI Analysis
Wondering how Jamaica stacks up against nearby neighborhoods? See our Jamaica vs Hollis price comparison →
Get a free consultation with a Jamaica specialist — no obligation.