Real Estate Market Update for Jamaica, NY

Video: Real Estate Community Tour for Jamaica, NY

See Real estate community tour for Jamaica, NY
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 44% from one year earlier, and down 7% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 390-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 43%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 350-thousand dollars. The number of units sold decreased 19% year-over-year, and increased 22% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Jamaica, NY
Area Information for Jamaica, NY
  • Population: 62,532
  • Median Age: 37 yr
  • Median Commute Time: 43 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 29,096/sq mi
  • Population Change Since 2000: 10.72%
  • Closest Airport: John F Kennedy International
  • Closest College: St Johns University
  • Closest Jr. College: Cuny-queensborough Community College
  • Median Household Income: $50,726
  • Annual Residential Turnover: 11%
  • Median Home Sales Price: $477,500
  • Closest Major Sports Team: New York Mets
  • Change Avg. Household Income Since 2000: 26.19%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Jamaica, NY
Median Age: 37 Married: 37% Number of Households: 19,009 Households with Children: 5,974
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Jamaica, NY

      School Name Distance Type Grades School Rating Parent Rating
      Ps 48 William Wordsworth 0.4 mi Public PRESCHOOL-5 2 0
      York Early College Academy 0.5 mi Public 6-12 4 4
      New Preparatory Middle School No. 8 0.5 mi Public 6-8 0 3
      High School For Law Enforcement And Public Safety 0.5 mi Public 9-12 1 2
      Eagle Academy For Young Men Iii 0.6 mi Public 6-8 1 0
      Queens High School For The Sciences At York Colleg 0.8 mi Public 9-12 5 3
      Ps 50 Talfourd Lawn Elementary School 0.9 mi Public PRESCHOOL-5 3 0
      Rochdale Early Advantage Charter School 1.0 mi Public K-3 1 0
      August Martin High School 1.1 mi Public 9-12 0 3
      Ps 223 Lyndon B Johnson 1.2 mi Public PRESCHOOL-5 2 0
      Ps Is 268 1.2 mi Public K-8 3 0
      Ps 354 Jamaica 1.2 mi Public PRESCHOOL-5 1 0
      Ps 155 1.3 mi Public PRESCHOOL-5 3 0
      Ps 86 1.3 mi Public PRESCHOOL-5 3 0
      Hillcrest High School 1.4 mi Public 9-12 1 3
      J.h.s 72 Catherine & Count Basie 1.4 mi Public 6-8 1 0
      Ps 55 Maure 1.4 mi Public PRESCHOOL-5 3 0
      Ps 121 1.4 mi Public PRESCHOOL-5 4 0
      Young Women's Leadership School Of Queens 1.4 mi Public 6-12 4 3
      Gateway To Health Science High School 1.4 mi Public 6-12 5 3
      Ps 36 St Albans School 1.4 mi Public K-5 2 0
      Al-iman School 1.4 mi Private PRESCHOOL-12 0 0
      Ps 95 Eastwood 1.4 mi Public K-5 3 0
      Ps 96 1.4 mi Public PRESCHOOL-5 3 0
      Riverton Street Charter School 1.4 mi Public K-5 3 0
      Al-ihsan Academy 1.5 mi Private PRESCHOOL-12 0 0
      The Mary Louis Academy 1.5 mi Catholic 9-12 0 4
      Ps 161 Arthur Ashe School 1.6 mi Public PRESCHOOL-5 4 0
      Queens Collegiate - A College Board School 1.6 mi Public 6-12 2 3
      Jamaica Gateway To The Sciences 1.6 mi Public 9-12 2 3
      High School For Community Leadership 1.6 mi Public 9-12 3 4
      Hillside Arts And Letters Academy 1.6 mi Public 9-12 2 4
      Ps 117 J Keld Briarwood School 1.8 mi Public K-5 3 0
      Jhs 217 Robert A Van Wyck 1.8 mi Public 6-8 2 4
      Cambria Heights Academy 1.8 mi Public 9-12 1 3
      Thomas A Edison Career And Technical High School 1.8 mi Public 9-12 3 4
      Ps 15 Jackie Robinson 1.8 mi Public PRESCHOOL-5 2 0
      Ps 131 Abigail Adams 1.8 mi Public K-5 4 0
      Ps 100 Glen Morris 1.8 mi Public PRESCHOOL-5 3 0
      Ps 54 Hillside 1.9 mi Public K-5 2 0
      P.s. 35 Nathaniel Woodhull 1.9 mi Public PRESCHOOL-5 2 0
      Cynthia Jenkins School 2.0 mi Public PRESCHOOL-5 2 0
      Archbishop Molloy High School 2.1 mi Catholic 9-12 0 4
      Is 59 Springfield Gardens 2.1 mi Public 6-8 1 0
      Ps 124 Osmond A Church 2.1 mi Public K-8 3 0
      Pathways College Preparatory School: A College Board School 2.2 mi Public 6-12 1 3
      Ps 132 Ralph Bunche 2.2 mi Public PRESCHOOL-5 3 0
      Summit School 2.2 mi Private 9-12 0 0
      Ps 108 Capt Vincent G Fowler 2.3 mi Public PRESCHOOL-5 4 0
      Richmond Hill High School 2.3 mi Public 9-12 1 2
      Preparatory Academy For Writers: A College Board School 2.3 mi Public 6-12 3 3
      Excelsior Preparatorty High School 2.3 mi Public 9-12 2 3
      George Washington Carver High School For The Scien 2.3 mi Public 9-12 1 3
      Ps 62 Chester Park 2.4 mi Public PRESCHOOL-5 2 0
      Math/science Research And Technology Magnet High School 2.4 mi Public 9-12 1 3
      Humanities And Arts Magnet High School 2.4 mi Public 9-12 1 4
      Law Government And Community Service High School 2.4 mi Public 12-12 1 3
      Ps 56 Harry Eichler 2.4 mi Public 2-5 3 0
      Ps Is 178 Holliswood 2.4 mi Public PRESCHOOL-8 4 0
      Ps 99 Kew Gardens 2.4 mi Public K-6 4 0
      Community Voices Middle School 2.5 mi Public 6-8 1 0
      Collaborative Arts Middle School 2.5 mi Public 6-8 1 0
      Merrick Academy Queens Public Charter School 2.6 mi Public K-6 1 0
      Ps 90 Horace Mann 2.6 mi Public PRESCHOOL-5 2 0
      High School Construction Trades Engineering And Arc 2.6 mi Public 9-12 3 4
      John Adams High School 2.6 mi Public 9-12 1 4
      The Bellaire School 2.7 mi Public K-5 3 0
      Ps 65 The Raymond York Elementary School 2.7 mi Public K-5 2 0
      Ms 137 America S School Of Heroes 2.7 mi Public 6-8 3 3
      Queens Preparatory Academy 2.8 mi Public 9-12 0 3
      Ps 273 2.8 mi Public PRESCHOOL-5 2 0
      Ps 66 Jacqueline Kennedy Onassis 3.0 mi Public PRESCHOOL-5 3 0
      Jhs 210 Elizabeth Blackwell 3.0 mi Public 6-8 3 0
      New York City Academy For Discovery 3.0 mi Public PRESCHOOL-5 2 0
      P.s 270 3.0 mi Public K-8 3 0
      Ps 254 3.0 mi Public PRESCHOOL-5 4 0
      Jean Nuzzi Intermediate School 3.1 mi Public 6-8 2 0
      Ps 181 Brookfield 3.1 mi Public PRESCHOOL-5 2 0
      Ps 63 Old South 3.1 mi Public PRESCHOOL-5 3 0
      Ps 146 Howard Beach 3.2 mi Public PRESCHOOL-8 4 0
      Robert H Goddard High School For Comm Arts 7 & Technology 3.2 mi Public 9-12 2 4
      M.s 202 R H Goddard 3.2 mi Public 6-8 2 5
      Ps 176 Cambria Heights 3.2 mi Public PRESCHOOL-5 4 0
      Bethel Christian Academy & Learning Center 3.3 mi Private K-12 0 0
      Ps 38 Rosedale 3.3 mi Public K-5 2 0
      Ps 60 Woodhaven 3.3 mi Public PRESCHOOL-5 4 0
      Ps 64 Joseph P Addabbo 3.5 mi Public K-5 3 0
      Ps 207 Rockwood Park 3.6 mi Public PRESCHOOL-8 5 0
      P.s. / M.s. 138 Sunrise 3.6 mi Public PRESCHOOL-8 1 0
      Ps 97 Forest Park 3.6 mi Public PRESCHOOL-5 3 0
      Ps 232 Lindenwood 3.7 mi Public K-8 4 0
      Ps/is 295 3.8 mi Public PRESCHOOL-8 4 0
      Ps 33 Edward M Funk 3.9 mi Public K-5 2 0
      Martin Van Buren High School 3.9 mi Public 9-12 1 3
      Ps 18 Winchester 4.2 mi Public PRESCHOOL-5 4 0
      Ps 133 4.8 mi Public PRESCHOOL-5 5 0
      Ps Is 208 5.0 mi Public K-8 4 0
      Queens High School Of Teaching Liberal Arts And Sc 5.0 mi Public 9-12 2 3
      Ps Is 266 5.0 mi Public PRESCHOOL-8 5 0
      Ps 186 Castlewood 5.5 mi Public PRESCHOOL-5 5 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Jamaica, NY
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.