In January 2022, there were six homes sold, with a median sale price of $75,690 - a 46.2% decrease over the $140,750 median sale price for the same period of the previous year. There were four homes sold in Jerome in January 2021.
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 January 2022.
The following table compares Jerome to other Springfield neighborhood with similar median sale prices in January 2022:
| Neighborhood | Jan. 2022 Home Sales | Jan. 2021 Home Sales | % change (Total Home Sales) | Jan. 2022 Median Sales Price | Jan. 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Route 97/ Walnut Street | 1 | 1 | 0% | $100,000 | $88,500 | 13% |
| 4th Street/ Cook Street | 2 | 4 | -50% | $84,950 | $76,500 | 11% |
| Stanton Street/ Stevenson Drive | 8 | 1 | 700% | $77,500 | $136,000 | -43% |
| Route 54/ Sangamon Ave. | 12 | 11 | 9.1% | $77,200 | $78,500 | -1.7% |
| Route 29/ Route 97 | 4 | 5 | -20% | $76,250 | $37,000 | 106.1% |
| Jerome | 6 | 4 | 50% | $75,689.50 | $140,750 | -46.2% |
| Southern View | 2 | 1 | 100% | $70,250 | $50,000 | 40.5% |
| College Street/ Lawrence Avenue | 9 | 2 | 350% | $70,000 | $76,500 | -8.5% |
| Arlington Heights | 3 | 0 | - | $65,000 | $0 | - |
| College Street/ Ash Street | 5 | 6 | -16.7% | $65,000 | $94,000 | -30.9% |
| Devereux Heights | 5 | 1 | 400% | $62,100 | $125,000 | -50.3% |
Alerts Sign-up