From July through December of 2018, there were 48 homes sold, with a median sale price of $82,000 - a 17.7% increase over the $69,647 median sale price for the same period of the previous year. There were 52 homes sold in Jerome in the second half of 2017.
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 the second half of 2018.
The following table compares Jerome to other Springfield neighborhood with similar median sales prices in the second half of 2018:
| Neighborhood | July - Dec. 2018 Home Sales | July - Dec. 2017 Home Sales | % change (Total Home Sales) | July - Dec. 2018 Median Sales Price | July - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Glenwood Avenue/ Fayette Avenue | 45 | 37 | 21.6% | $107,100 | $98,500 | 8.7% |
| Devereux Heights | 23 | 18 | 27.8% | $99,500 | $110,000 | -9.5% |
| Lincoln Avenue/ Fayette Avenue | 39 | 38 | 2.6% | $91,000 | $98,575 | -7.7% |
| Stanton Street/ Stevenson Drive | 55 | 66 | -16.7% | $87,000 | $87,443.50 | -0.5% |
| College Street/ Ash Street | 69 | 72 | -4.2% | $85,500 | $85,950 | -0.5% |
| Jerome | 48 | 52 | -7.7% | $82,000 | $69,646.92 | 17.7% |
| Route 4/ Route 97 | 56 | 55 | 1.8% | $76,250 | $89,000 | -14.3% |
| Route 54/ Sangamon Ave. | 97 | 103 | -5.8% | $76,000 | $73,500 | 3.4% |
| 5th Street/ Griffiths Avenue | 30 | 35 | -14.3% | $70,000 | $60,000 | 16.7% |
| College Street/ Lawrence Avenue | 35 | 30 | 16.7% | $65,000 | $59,750 | 8.8% |
| Route 97/ Walnut Street | 17 | 10 | 70% | $60,500 | $52,800 | 14.6% |
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