From July through September of 2021, there were 27 homes sold, with a median sale price of $101,012 - a 46.4% increase over the $69,000 median sale price for the same period of the previous year. There were seven homes sold in Jerome in the third quarter of 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 the third quarter of 2021.
The following table compares Jerome to other Springfield neighborhood with similar median sale prices in the third quarter of 2021:
| Neighborhood | July - Sept. 2021 Home Sales | July - Sept. 2020 Home Sales | % change (Total Home Sales) | July - Sept. 2021 Median Sales Price | July - Sept. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Stanton Street/ Stevenson Drive | 19 | 16 | 18.8% | $117,000 | $98,750 | 18.5% |
| Lincoln Avenue/ Fayette Avenue | 18 | 7 | 157.1% | $115,000 | $122,000 | -5.7% |
| College Street/ Ash Street | 37 | 12 | 208.3% | $107,900 | $87,700 | 23% |
| Route 54/ Sangamon Ave. | 34 | 23 | 47.8% | $104,400 | $76,000 | 37.4% |
| Glenwood Avenue/ Fayette Avenue | 21 | 13 | 61.5% | $103,000 | $119,900 | -14.1% |
| Jerome | 27 | 7 | 285.7% | $101,012 | $69,000 | 46.4% |
| Route 4/ Route 97 | 21 | 15 | 40% | $95,000 | $127,000 | -25.2% |
| Devereux Heights | 5 | 4 | 25% | $90,000 | $97,000 | -7.2% |
| 5th Street/ Griffiths Avenue | 15 | 10 | 50% | $80,000 | $84,500 | -5.3% |
| College Street/ Lawrence Avenue | 9 | 13 | -30.8% | $79,900 | $40,000 | 99.8% |
| Route 97/ Walnut Street | 6 | 4 | 50% | $73,700 | $94,000 | -21.6% |
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