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Monday, July 14, 2025

Jerome home prices rose in the second half of 2021

Webp re 12

The median sale price of a home sold in the second half of 2021 in Jerome, a Springfield neighborhood, rose by $8,050 while total sales increased by 116.7%, according to BlockShopper.com.

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:

NeighborhoodJuly - Dec. 2021 Home SalesJuly - Dec. 2020 Home Sales% change (Total Home Sales)July - Dec. 2021 Median Sales PriceJuly - Dec. 2020 Median Sales Price% change (Median Sales Price)
Stanton Street/ Stevenson Drive3639-7.7%$110,250$102,0008.1%
Glenwood Avenue/ Fayette Avenue472962.1%$100,000$124,900-19.9%
Route 4/ Route 97383411.8%$95,000$113,450-16.3%
College Street/ Ash Street6930130%$91,900$98,700-6.9%
Route 54/ Sangamon Ave.715042%$89,000$83,9506%
Jerome5224116.7%$85,500$77,45010.4%
Route 97/ Walnut Street126100%$82,950$63,50030.6%
College Street/ Lawrence Avenue2122-4.5%$81,000$52,00055.8%
5th Street/ Griffiths Avenue342917.2%$80,000$70,00014.3%
Grandview201266.7%$71,750$36,00099.3%
Stanford Avenue/ Fox Bridge Road2729-6.9%$69,000$51,00035.3%

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