From January through December of 2018, there were 95 homes sold, with a median sale price of $76,500 - a 10.1% increase over the $69,484 median sale price for the previous year. There were 113 homes sold in Jerome in 2017.
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 2018.
The following table compares Jerome to other Springfield neighborhood with similar median sales prices in 2018:
Neighborhood | Jan. - Dec. 2018 Home Sales | Jan. - Dec. 2017 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2018 Median Sales Price | Jan. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Lincoln Avenue/ Fayette Avenue | 78 | 81 | -3.7% | $91,416 | $95,000 | -3.8% |
Stanton Street/ Stevenson Drive | 104 | 120 | -13.3% | $91,000 | $87,500 | 4% |
College Street/ Ash Street | 122 | 138 | -11.6% | $85,125 | $80,750 | 5.4% |
Route 4/ Route 97 | 110 | 106 | 3.8% | $83,500 | $89,950 | -7.2% |
Devereux Heights | 41 | 30 | 36.7% | $81,250 | $105,305.26 | -22.8% |
Jerome | 95 | 113 | -15.9% | $76,500 | $69,483.83 | 10.1% |
Route 54/ Sangamon Ave. | 183 | 175 | 4.6% | $72,000 | $73,000 | -1.4% |
College Street/ Lawrence Avenue | 62 | 56 | 10.7% | $64,750 | $57,600 | 12.4% |
5th Street/ Griffiths Avenue | 60 | 81 | -25.9% | $64,000 | $63,000 | 1.6% |
Route 97/ Walnut Street | 28 | 29 | -3.4% | $60,250 | $55,600 | 8.4% |
4th Street/ Cook Street | 55 | 56 | -1.8% | $55,000 | $45,950 | 19.7% |