In September 2021, there were seven homes sold, with a median sale price of $101,012 - a 40.3% increase over the $72,000 median sale price for the same period of the previous year. There were five homes sold in Jerome in September 2020.
The median sales tax in Jerome for the most recent year with available data, 2019, was $1,738, approximately 1.7% of the median home sale price for September 2021.
The following table compares Jerome to other Springfield neighborhood with similar median sale prices in September 2021:
| Neighborhood | Sept. 2021 Home Sales | Sept. 2020 Home Sales | % change (Total Home Sales) | Sept. 2021 Median Sales Price | Sept. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Route 4/ Wabash Avenue | 7 | 9 | -22.2% | $180,000 | $169,400 | 6.3% |
| Leland Grove | 6 | 3 | 100% | $178,500 | $210,000 | -15% |
| Route 4/ Washington Street | 6 | 9 | -33.3% | $149,950 | $153,500 | -2.3% |
| Stanton Street/ Stevenson Drive | 7 | 4 | 75% | $117,000 | $55,500 | 110.8% |
| Route 54/ Sangamon Ave. | 17 | 3 | 466.7% | $109,900 | $30,000 | 266.3% |
| Jerome | 7 | 5 | 40% | $101,012 | $72,000 | 40.3% |
| Lincoln Avenue/ Fayette Avenue | 5 | 3 | 66.7% | $100,000 | $118,000 | -15.3% |
| Route 4/ Route 97 | 5 | 8 | -37.5% | $90,000 | $119,500 | -24.7% |
| College Street/ Ash Street | 9 | 3 | 200% | $87,000 | $115,000 | -24.3% |
| Arlington Heights | 6 | 2 | 200% | $85,200 | $26,000 | 227.7% |
| 4th Street/ Cook Street | 7 | 3 | 133.3% | $83,500 | $83,000 | 0.6% |
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