In August 2021, there were 14 homes sold, with a median sale price of $72,450 - a 67.2% increase over the $43,338 median sale price for the same period of the previous year. There were two homes sold in Jerome in August 2020.
The median sales tax in Jerome for the most recent year with available data, 2019, was $1,738, approximately 2.4% of the median home sale price for August 2021.
The following table compares Jerome to other Springfield neighborhood with similar median sale prices in August 2021:
| Neighborhood | Aug. 2021 Home Sales | Aug. 2020 Home Sales | % change (Total Home Sales) | Aug. 2021 Median Sales Price | Aug. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Route 97/ Walnut Street | 3 | 2 | 50% | $90,000 | $111,000 | -18.9% |
| Route 54/ Sangamon Ave. | 10 | 13 | -23.1% | $89,650 | $76,500 | 17.2% |
| 5th Street/ Griffiths Avenue | 3 | 0 | - | $87,500 | $0 | - |
| College Street/ Lawrence Avenue | 3 | 5 | -40% | $79,900 | $83,000 | -3.7% |
| Arlington Heights | 10 | 2 | 400% | $77,000 | $60,950 | 26.3% |
| Jerome | 14 | 2 | 600% | $72,450 | $43,337.50 | 67.2% |
| 4th Street/ Cook Street | 2 | 2 | 0% | $70,437.50 | $58,500 | 20.4% |
| Grandview | 6 | 5 | 20% | $58,500 | $28,756.47 | 103.4% |
| Southern View | 1 | 0 | - | $45,000 | $0 | - |
| Stanford Avenue/ Fox Bridge Road | 5 | 1 | 400% | $45,000 | $15,000 | 200% |
| Route 29/ Route 97 | 6 | 2 | 200% | $44,000 | $59,250 | -25.7% |
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