Updated 2026-04-20 · Source: Redfin / Homes.com
From $600,000 in 2021 to $635,000 in 2024 — a gain of $35,000 or +5.8% over four years.
Source: Redfin / Homes.com. Median sale price reflects all residential sales.
Understanding what type of homes sell in South 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 38 days on market, South Jamaica is currently a balanced market — buyers have some negotiating room. Homes priced correctly in South Jamaica typically sell within 5–7 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 South Jamaica, well-maintained 1-family homes trade at approximately $454–$529 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, South Jamaica 1-family homes rent for approximately $2,700/month. 2-family homes can generate combined rents of $4,900/month, helping offset mortgage and tax costs significantly.
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Wondering how South Jamaica stacks up against nearby neighborhoods? See our South Jamaica vs Jamaica price comparison →
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