In October 2021, there were seven homes sold, with a median sale price of $77,000 - a 0.6% decrease over the $77,450 median sale price for the same period of the previous year. There were four homes sold in Jerome in October 2020.
The median sales tax in Jerome for the most recent year with available data, 2019, was $1,738, approximately 2.3% of the median home sale price for October 2021.
The following table compares Jerome to other Springfield neighborhood with similar median sale prices in October 2021:
| Neighborhood | Oct. 2021 Home Sales | Oct. 2020 Home Sales | % change (Total Home Sales) | Oct. 2021 Median Sales Price | Oct. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| 4th Street/ Cook Street | 1 | 5 | -80% | $100,000 | $73,500 | 36.1% |
| Grandview | 1 | 4 | -75% | $95,000 | $60,000 | 58.3% |
| Stanton Street/ Stevenson Drive | 4 | 6 | -33.3% | $85,000 | $101,200 | -16% |
| College Street/ Lawrence Avenue | 6 | 1 | 500% | $82,500 | $80,000 | 3.1% |
| Stanford Avenue/ Fox Bridge Road | 4 | 7 | -42.9% | $79,450 | $35,000 | 127% |
| Jerome | 7 | 4 | 75% | $77,000 | $77,450 | -0.6% |
| Route 54/ Sangamon Ave. | 17 | 10 | 70% | $75,001 | $92,250 | -18.7% |
| Route 4/ Route 97 | 4 | 5 | -20% | $67,500 | $92,000 | -26.6% |
| College Street/ Ash Street | 7 | 6 | 16.7% | $60,000 | $114,500 | -47.6% |
| Route 29/ Route 97 | 7 | 4 | 75% | $35,000 | $73,500 | -52.4% |
| Devereux Heights | 2 | 1 | 100% | $30,600 | $265,000 | -88.5% |
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