From July through December of 2021, there were 52 homes sold, with a median sale price of $85,500 - a 10.4% increase over the $77,450 median sale price for the same period of the previous year. There were 24 homes sold in Jerome in the second half of 2020.
The median sales tax in Jerome for the most recent year with available data, 2019, was $1,738, approximately 2% of the median home sale price for the second half of 2021.
The following table compares Jerome to other Springfield neighborhood with similar median sale prices in the second half of 2021:
Neighborhood | July - Dec. 2021 Home Sales | July - Dec. 2020 Home Sales | % change (Total Home Sales) | July - Dec. 2021 Median Sales Price | July - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Stanton Street/ Stevenson Drive | 36 | 39 | -7.7% | $110,250 | $102,000 | 8.1% |
Glenwood Avenue/ Fayette Avenue | 47 | 29 | 62.1% | $100,000 | $124,900 | -19.9% |
Route 4/ Route 97 | 38 | 34 | 11.8% | $95,000 | $113,450 | -16.3% |
College Street/ Ash Street | 69 | 30 | 130% | $91,900 | $98,700 | -6.9% |
Route 54/ Sangamon Ave. | 71 | 50 | 42% | $89,000 | $83,950 | 6% |
Jerome | 52 | 24 | 116.7% | $85,500 | $77,450 | 10.4% |
Route 97/ Walnut Street | 12 | 6 | 100% | $82,950 | $63,500 | 30.6% |
College Street/ Lawrence Avenue | 21 | 22 | -4.5% | $81,000 | $52,000 | 55.8% |
5th Street/ Griffiths Avenue | 34 | 29 | 17.2% | $80,000 | $70,000 | 14.3% |
Grandview | 20 | 12 | 66.7% | $71,750 | $36,000 | 99.3% |
Stanford Avenue/ Fox Bridge Road | 27 | 29 | -6.9% | $69,000 | $51,000 | 35.3% |