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Wednesday, November 27, 2024

Jerome home prices rise in December 2018

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The median sale price of a home sold in December 2018 in Jerome, a Springfield neighborhood, rose by $19,500 while total sales remained unchanged with six homes sold, according to BlockShopper.com.

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:

NeighborhoodDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Mayden Road/ Dirkson Parkway12-50%$115,000$123,500-6.9%
Glenwood Avenue/ Fayette Avenue83166.7%$107,000$105,0001.9%
Stanton Street/ Stevenson Drive67-14.3%$102,500$89,89214%
Lincoln Avenue/ Fayette Avenue69-33.3%$90,750$95,000-4.5%
College Street/ Ash Street1011-9.1%$82,500$78,5005.1%
Jerome660%$82,500$63,00031%
College Street/ Lawrence Avenue5366.7%$75,000$35,000114.3%
Route 97/ 9th Street62200%$73,875$43,25070.8%
Stanford Avenue/ Fox Bridge Road660%$70,000$51,72935.3%
Devereux Heights61500%$67,500$116,000-41.8%
Route 54/ Sangamon Ave.1618-11.1%$66,500$89,963.36-26.1%

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