From October through December of 2018, there were 23 homes sold, with a median sale price of $74,000 - a 7.2% increase over the $69,000 median sale price for the same period of the previous year. There were 23 homes sold in Jerome in the fourth quarter of 2017, as well.
The median sales tax in Jerome for the most recent year with available data, 2017, was $1,622, approximately 2.2% of the median home sale price for the fourth quarter of 2018.
The following table compares Jerome to other Springfield neighborhood with similar median sales prices in the fourth quarter of 2018:
| Neighborhood | Oct. - Dec. 2018 Home Sales | Oct. - Dec. 2017 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2018 Median Sales Price | Oct. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lincoln Avenue/ Fayette Avenue | 15 | 20 | -25% | $92,000 | $95,000 | -3.2% |
| Stanton Street/ Stevenson Drive | 24 | 31 | -22.6% | $87,200 | $85,500 | 2% |
| Route 4/ Route 97 | 25 | 27 | -7.4% | $80,000 | $79,900 | 0.1% |
| College Street/ Ash Street | 28 | 32 | -12.5% | $79,965.70 | $82,750 | -3.4% |
| Devereux Heights | 9 | 10 | -10% | $75,000 | $117,500 | -36.2% |
| Jerome | 23 | 23 | 0% | $74,000 | $69,000 | 7.2% |
| College Street/ Lawrence Avenue | 17 | 13 | 30.8% | $74,000 | $46,000 | 60.9% |
| Route 54/ Sangamon Ave. | 44 | 49 | -10.2% | $73,320.50 | $71,000 | 3.3% |
| Route 97/ Walnut Street | 11 | 4 | 175% | $60,500 | $49,304 | 22.7% |
| Stanford Avenue/ Fox Bridge Road | 17 | 13 | 30.8% | $50,000 | $56,458 | -11.4% |
| Route 97/ 9th Street | 11 | 2 | 450% | $49,000 | $43,250 | 13.3% |
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