From January through March of 2018, there were 16 homes sold, with a median sale price of $59,500 - a 7.6% decrease over the $64,396.13 median sale price for the same period of the previous year. There were 26 homes sold in Jerome in the first quarter of 2017.
The median sales tax in Jerome for the most recent year with available data, 2017, was $1,621.90, approximately 2.7% of the median home sale price for the first quarter of 2018.
The following table compares Jerome to other Springfield neighborhood with similar median sales prices in the first quarter of 2018:
| Neighborhood | Jan. - Mar. 2018 Home Sales | Jan. - Mar. 2017 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2018 Median Sales Price | Jan. - Mar. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Route 54/ Sangamon Ave. | 33 | 28 | 17.9% | $71,500 | $61,000 | 17.2% |
| 4th Street/ Cook Street | 15 | 8 | 87.5% | $67,500 | $32,500 | 107.7% |
| 5th Street/ Griffiths Avenue | 13 | 22 | -40.9% | $66,748 | $67,500 | -1.1% |
| Stanford Avenue/ Fox Bridge Road | 14 | 15 | -6.7% | $65,187 | $35,000 | 86.2% |
| Route 97/ 9th Street | 3 | 13 | -76.9% | $60,000 | $45,000 | 33.3% |
| Jerome | 16 | 26 | -38.5% | $59,500 | $64,396.13 | -7.6% |
| College Street/ Lawrence Avenue | 4 | 8 | -50% | $58,475 | $18,000 | 224.9% |
| Arlington Heights | 15 | 15 | 0% | $48,500 | $37,000 | 31.1% |
| Ash Street/ Wirt Avenue | 12 | 9 | 33.3% | $42,784.86 | $22,510 | 90.1% |
| Southern View | 4 | 9 | -55.6% | $41,500 | $40,000 | 3.8% |
| Grandview | 16 | 9 | 77.8% | $35,750 | $35,500 | 0.7% |
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