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Sunday, November 24, 2024

Jerome home prices rise in November 2018

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The median sale price of a home sold in November 2018 in Jerome, a Springfield neighborhood, rose by $15,750 while total sales remained unchanged with six homes sold, according to BlockShopper.com.

In November 2018, there were six homes sold, with a median sale price of $77,500 - a 25.5% increase over the $61,750 median sale price for the same period of the previous year. There were six homes sold in Jerome in November 2017, as well.

The median sales tax in Jerome for the most recent year with available data, 2017, was $1,622, approximately 2.1% of the median home sale price for November 2018.

The following table compares Jerome to other Springfield neighborhood with similar median sales prices in November 2018:

NeighborhoodNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Lincoln Avenue/ Fayette Avenue37-57.1%$92,000$85,0008.2%
Mayden Road/ Dirkson Parkway41300%$89,000$172,000-48.3%
4th Street/ Cook Street27-71.4%$87,000$28,000210.7%
College Street/ Ash Street910-10%$79,965.70$80,500-0.7%
Route 54/ Sangamon Ave.12120%$78,320.50$73,823.776.1%
Jerome660%$77,500$61,75025.5%
Stanford Avenue/ Fox Bridge Road50-$76,000$0-
5th Street/ Griffiths Avenue78-12.5%$75,000$74,0001.4%
College Street/ Lawrence Avenue79-22.2%$74,000$59,50024.4%
Route 97/ Walnut Street52150%$73,641$37,05498.7%
Route 97/ 9th Street30-$64,900$0-

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