In May 2018, there were 10 homes sold, with a median sale price of $64,000 - a 9.9% increase over the $58,247 median sale price for the same period of the previous year. There were 15 homes sold in Jerome in May 2017.
The median sales tax in Jerome for the most recent year with available data, 2017, was $1,622, approximately 2.5% of the median home sale price for May 2018.
The following table compares Jerome to other Springfield neighborhood with similar median sales prices in May 2018:
| Neighborhood | May 2018 Home Sales | May 2017 Home Sales | % change (Total Home Sales) | May 2018 Median Sales Price | May 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Route 97/ Walnut Street | 1 | 5 | -80% | $98,000 | $53,000 | 84.9% |
| Route 4/ Route 97 | 17 | 10 | 70% | $87,000 | $102,650 | -15.2% |
| Glenwood Avenue/ Fayette Avenue | 9 | 8 | 12.5% | $83,000 | $82,200 | 1% |
| Lincoln Avenue/ Fayette Avenue | 9 | 18 | -50% | $77,000 | $92,917.60 | -17.1% |
| Route 54/ Sangamon Ave. | 21 | 17 | 23.5% | $70,000 | $73,000 | -4.1% |
| Jerome | 10 | 15 | -33.3% | $64,000 | $58,247.15 | 9.9% |
| 5th Street/ Griffiths Avenue | 2 | 11 | -81.8% | $63,000 | $53,415 | 17.9% |
| Route 29/ Route 97 | 7 | 9 | -22.2% | $54,000 | $58,000 | -6.9% |
| 4th Street/ Cook Street | 6 | 5 | 20% | $45,000 | $82,473.02 | -45.4% |
| College Street/ Lawrence Avenue | 9 | 7 | 28.6% | $45,000 | $60,308.72 | -25.4% |
| Stanford Avenue/ Fox Bridge Road | 8 | 15 | -46.7% | $42,219 | $36,150 | 16.8% |
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