In August 2018, there were 11 homes sold, with a median sale price of $127,000 - a 64.2% increase over the $77,367 median sale price for the same period of the previous year. There were 14 homes sold in Jerome in August 2017.
The median sales tax in Jerome for the most recent year with available data, 2017, was $1,622, approximately 1.3% of the median home sale price for August 2018.
The following table compares Jerome to other Springfield neighborhood with similar median sales prices in August 2018:
| Neighborhood | Aug. 2018 Home Sales | Aug. 2017 Home Sales | % change (Total Home Sales) | Aug. 2018 Median Sales Price | Aug. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Salisbury/ Farmingdale | 25 | 24 | 4.2% | $185,000 | $247,250 | -25.2% |
| Route 4/ Greenbriar Drive | 15 | 17 | -11.8% | $161,000 | $177,500 | -9.3% |
| Route 4/ Washington Street | 21 | 14 | 50% | $139,000 | $137,450 | 1.1% |
| Toronto/ University of Illinois at Springfield | 11 | 13 | -15.4% | $137,000 | $123,500 | 10.9% |
| Route 4/ Wabash Avenue | 9 | 8 | 12.5% | $135,000 | $143,000 | -5.6% |
| Jerome | 11 | 14 | -21.4% | $127,000 | $77,366.50 | 64.2% |
| Glenwood Avenue/ Fayette Avenue | 9 | 12 | -25% | $107,100 | $113,750 | -5.8% |
| Route 54/ Sangamon Ave. | 14 | 13 | 7.7% | $96,952.71 | $82,000 | 18.2% |
| Lincoln Avenue/ Fayette Avenue | 6 | 8 | -25% | $93,950 | $119,000 | -21.1% |
| Route 97/ Walnut Street | 1 | 2 | -50% | $88,000 | $58,138 | 51.4% |
| 5th Street/ Griffiths Avenue | 3 | 6 | -50% | $85,400 | $40,855.50 | 109% |
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