In February 2021, there were seven homes sold, with a median sale price of $91,500 - a 22% increase over the $75,000 median sale price for the same period of the previous year. There were three homes sold in Jerome in February 2020.
The median sales tax in Jerome for the most recent year with available data, 2019, was $1,738, approximately 1.9% of the median home sale price for February 2021.
The following table compares Jerome to other Springfield neighborhood with similar median sale prices in February 2021:
| Neighborhood | Feb. 2021 Home Sales | Feb. 2020 Home Sales | % change (Total Home Sales) | Feb. 2021 Median Sales Price | Feb. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| 4th Street/ Cook Street | 2 | 6 | -66.7% | $110,500 | $45,000 | 145.6% |
| Lincoln Avenue/ Fayette Avenue | 5 | 1 | 400% | $102,500 | $103,500 | -1% |
| Southern View | 3 | 7 | -57.1% | $99,900 | $33,500 | 198.2% |
| Stanton Street/ Stevenson Drive | 8 | 9 | -11.1% | $98,750 | $69,900 | 41.3% |
| Devereux Heights | 2 | 1 | 100% | $97,500 | $88,000 | 10.8% |
| Jerome | 7 | 3 | 133.3% | $91,500 | $75,000 | 22% |
| Route 54/ Sangamon Ave. | 11 | 11 | 0% | $86,000 | $88,000 | -2.3% |
| Route 97/ Walnut Street | 1 | 1 | 0% | $81,500 | $40,000 | 103.8% |
| College Street/ Ash Street | 3 | 3 | 0% | $80,000 | $111,200 | -28.1% |
| Glenwood Avenue/ Fayette Avenue | 4 | 5 | -20% | $54,100 | $35,005 | 54.5% |
| Stanford Avenue/ Fox Bridge Road | 6 | 5 | 20% | $53,250 | $45,000 | 18.3% |
Alerts Sign-up