In December 2018, there were six homes sold, with a median sale price of $82,500 - a 31% increase over the $63,000 median sale price for the same period of the previous year. There were six homes sold in Jerome in December 2017, as well.
The median sales tax in Jerome for the most recent year with available data, 2017, was $1,622, approximately 2% of the median home sale price for December 2018.
The following table compares Jerome to other Springfield neighborhood with similar median sales prices in December 2018:
Neighborhood | Dec. 2018 Home Sales | Dec. 2017 Home Sales | % change (Total Home Sales) | Dec. 2018 Median Sales Price | Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Mayden Road/ Dirkson Parkway | 1 | 2 | -50% | $115,000 | $123,500 | -6.9% |
Glenwood Avenue/ Fayette Avenue | 8 | 3 | 166.7% | $107,000 | $105,000 | 1.9% |
Stanton Street/ Stevenson Drive | 6 | 7 | -14.3% | $102,500 | $89,892 | 14% |
Lincoln Avenue/ Fayette Avenue | 6 | 9 | -33.3% | $90,750 | $95,000 | -4.5% |
College Street/ Ash Street | 10 | 11 | -9.1% | $82,500 | $78,500 | 5.1% |
Jerome | 6 | 6 | 0% | $82,500 | $63,000 | 31% |
College Street/ Lawrence Avenue | 5 | 3 | 66.7% | $75,000 | $35,000 | 114.3% |
Route 97/ 9th Street | 6 | 2 | 200% | $73,875 | $43,250 | 70.8% |
Stanford Avenue/ Fox Bridge Road | 6 | 6 | 0% | $70,000 | $51,729 | 35.3% |
Devereux Heights | 6 | 1 | 500% | $67,500 | $116,000 | -41.8% |
Route 54/ Sangamon Ave. | 16 | 18 | -11.1% | $66,500 | $89,963.36 | -26.1% |