In August 2019, there were eight homes sold, with a median sale price of $85,000 - a 33.1% decrease over the $127,000 median sale price for the same period of the previous year. There were 11 homes sold in Jerome in August 2018.
The median sales tax in Jerome for the most recent year with available data, 2018, was $1,686, approximately 2% of the median home sale price for August 2019.
The following table compares Jerome to other Springfield neighborhood with similar median sales prices in August 2019:
| Neighborhood | Aug. 2019 Home Sales | Aug. 2018 Home Sales | % change (Total Home Sales) | Aug. 2019 Median Sales Price | Aug. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lincoln Avenue/ Fayette Avenue | 1 | 6 | -83.3% | $110,000 | $93,950 | 17.1% |
| Glenwood Avenue/ Fayette Avenue | 9 | 9 | 0% | $104,900 | $107,100 | -2.1% |
| Stanton Street/ Stevenson Drive | 9 | 10 | -10% | $94,900 | $71,197 | 33.3% |
| Mayden Road/ Dirkson Parkway | 2 | 0 | - | $88,500 | $0 | - |
| 5th Street/ Griffiths Avenue | 1 | 3 | -66.7% | $86,000 | $85,400 | 0.7% |
| Jerome | 8 | 11 | -27.3% | $85,000 | $127,000 | -33.1% |
| Route 97/ 9th Street | 1 | 7 | -85.7% | $85,000 | $28,000 | 203.6% |
| College Street/ Lawrence Avenue | 5 | 4 | 25% | $80,500 | $55,250 | 45.7% |
| Route 54/ Sangamon Ave. | 10 | 14 | -28.6% | $79,000 | $96,952.71 | -18.5% |
| Arlington Heights | 2 | 2 | 0% | $61,500 | $77,500 | -20.6% |
| Stanford Avenue/ Fox Bridge Road | 8 | 10 | -20% | $57,250 | $34,000 | 68.4% |
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