Mortgage Rates in Jamestown, New York — March 2026
Updated March 2026 | Based on Jamestown market data and regional lending conditions
Jamestown is a growing city in New York with a population of 28,712. The current 30-year fixed mortgage rate in Jamestown is 6.86%, which is 0.21% above the national average. With a median home price of $462,000 and a 20% down payment of $92,400, homebuyers can expect a monthly principal and interest payment of approximately $2,424.
Current Mortgage Rates in Jamestown, NY
Below are the current average mortgage rates available in the Jamestown area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.86% | 6.65% | +0.21% |
| 15-Year Fixed | 6.08% | 5.89% | +0.19% |
| 5/1 ARM | 6.31% | 6.15% | +0.16% |
| FHA | 6.55% | 6.25% | +0.3% |
| VA | 6.3% | 6.05% | +0.25% |
| Jumbo | 7.11% | 6.85% | +0.26% |
Jamestown Housing Market Overview
The Jamestown housing market reflects moderate demand with prices near the national average. The median household income in Jamestown is $65,900, and the cost of living index is 132.6 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $131,786 to comfortably afford the median-priced home in Jamestown, which exceeds the current median household income.
Monthly Payment Breakdown for Jamestown
Based on the median home price of $462,000 with 20% down ($92,400), here is what you can expect to pay monthly in Jamestown:
15-Year vs. 30-Year Mortgage in Jamestown
Choosing a 15-year mortgage in Jamestown at 6.08% instead of a 30-year at 6.86% would save you $308,340 in total interest over the life of the loan. However, your monthly payment would be $3,135 instead of $2,424 — an increase of $711 per month.
Calculate Your Jamestown Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Jamestown
What are the current mortgage rates in Jamestown, NY?
As of March 2026, the average 30-year fixed mortgage rate in Jamestown, New York is 6.86%, while the 15-year fixed rate is 6.08%. FHA loans average 6.55% and VA loans 6.3%. These rates are 0.21% above the national average of 6.65%.
How much is a monthly mortgage payment in Jamestown?
Based on the median home price of $462,000 with 20% down, the estimated monthly mortgage payment in Jamestown is $2,424 for principal and interest. Including property taxes of $651/month, the total monthly housing cost is approximately $3,075.
What income do I need to buy a home in Jamestown?
Using the 28% rule, you would need an annual income of approximately $131,786 to afford the median-priced home in Jamestown at $462,000. The median household income in Jamestown is $65,900. This means most households would need to either earn above the median or consider homes below $462,000.
Is Jamestown a good place to buy a home in 2026?
Jamestown has a higher cost of living than average with a cost of living index of 132.6 (national average = 100). The property tax rate in New York is 1.69%, which is above the national average. Jamestown has a population of 28,712 and offers a balanced lifestyle.
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Jamestown, New York area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.