The median sale price of a home sold in the fourth quarter of 2021 in Jerome, a Springfield neighborhood, rose by $900 while total sales increased by 47.1%, according to BlockShopper.com.
From October through December of 2021, there were 25 homes sold, with a median sale price of $82,900 – a 1.1% increase over the $82,000 median sale price for the same period of the previous year. There were 17 homes sold in Jerome in the fourth quarter of 2020.
The median sales tax in Jerome for the most recent year with available data, 2019, was $1,738, approximately 2.1% of the median home sale price for the fourth quarter of 2021.
The following table compares Jerome to other Springfield neighborhood with similar median sale prices in the fourth quarter of 2021:
| Neighborhood | Oct. – Dec. 2021 Home Sales | Oct. – Dec. 2020 Home Sales | % change (Total Home Sales) | Oct. – Dec. 2021 Median Sales Price | Oct. – Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lincoln Avenue/ Fayette Avenue | 17 | 16 | 6.3% | $110,000 | $85,000 | 29.4% |
| Stanton Street/ Stevenson Drive | 17 | 23 | -26.1% | $102,250 | $105,000 | -2.6% |
| Glenwood Avenue/ Fayette Avenue | 26 | 16 | 62.5% | $98,500 | $139,750 | -29.5% |
| Route 4/ Route 97 | 17 | 19 | -10.5% | $95,000 | $105,000 | -9.5% |
| College Street/ Lawrence Avenue | 12 | 9 | 33.3% | $87,712 | $77,000 | 13.9% |
| Jerome | 25 | 17 | 47.1% | $82,900 | $82,000 | 1.1% |
| College Street/ Ash Street | 32 | 18 | 77.8% | $82,500 | $101,500 | -18.7% |
| Route 54/ Sangamon Ave. | 37 | 27 | 37% | $82,000 | $87,500 | -6.3% |
| 5th Street/ Griffiths Avenue | 19 | 19 | 0% | $80,000 | $65,500 | 22.1% |
| Stanford Avenue/ Fox Bridge Road | 13 | 15 | -13.3% | $80,000 | $51,000 | 56.9% |
| Grandview | 7 | 5 | 40% | $75,000 | $60,000 | 25% |
