From January through June of 2019, there were 40 homes sold, with a median sale price of $65,393 - a 6.6% decrease over the $70,000 median sale price for the same period of the previous year. There were 47 homes sold in Jerome in the first half of 2018.
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 the first half of 2019.
The following table compares Jerome to other Springfield neighborhood with similar median sales prices in the first half of 2019:
Neighborhood | Jan. - June 2019 Home Sales | Jan. - June 2018 Home Sales | % change (Total Home Sales) | Jan. - June 2019 Median Sales Price | Jan. - June 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Stanton Street/ Stevenson Drive | 48 | 49 | -2% | $88,329.71 | $95,000 | -7% |
College Street/ Ash Street | 63 | 53 | 18.9% | $85,000 | $85,000 | 0% |
Devereux Heights | 11 | 18 | -38.9% | $81,500 | $75,000 | 8.7% |
Route 4/ Route 97 | 47 | 54 | -13% | $74,900 | $85,950 | -12.9% |
Route 54/ Sangamon Ave. | 94 | 86 | 9.3% | $73,250 | $70,000 | 4.6% |
Jerome | 40 | 47 | -14.9% | $65,393 | $70,000 | -6.6% |
College Street/ Lawrence Avenue | 39 | 27 | 44.4% | $59,500 | $53,000 | 12.3% |
4th Street/ Cook Street | 26 | 31 | -16.1% | $55,700 | $62,000 | -10.2% |
Southern View | 10 | 13 | -23.1% | $55,500 | $32,500 | 70.8% |
Arlington Heights | 24 | 28 | -14.3% | $53,500 | $51,750 | 3.4% |
Stanford Avenue/ Fox Bridge Road | 41 | 40 | 2.5% | $53,440.51 | $57,378.50 | -6.9% |