Jerome Real Estate Stats
| Average Price | $459K |
|---|---|
| Lowest Price | $55.5K |
| Highest Price | $1.5M |
| Total Listings | 100 |
| Avg. Days On Market | 81 |
| Avg. Price/SQFT | $238 |
Property Types (active listings)
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Homes For Sale In Jerome, Idaho
Buyers viewing homes for sale in Jerome Idaho will find that this rural community has affordable yet spacious living options. The median values of houses in Jerome vary based on the location of the home. Homes in the northern portion of the city have a median value between $90,000 and $200,000, which can be attributed to small lot sizes and modest houses. The homes in the south section of the city have a higher median value, ranging between $180,000 and $280,000. The sizable houses in this area are typically located on several acres of land.
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Jerome is a quaint community that continues to thrive in the 21st century. While the city has a population of about 11,000 residents, it is experiencing unprecedented growth. Population has increased by 41 percent in the last decade, and the city continues to issue more commercial development permits each year. Jerome Idaho real estate is in high demand because there are not only job opportunities available, but also affordable yet comfortable housing options. The homes for sale in Jerome Idaho offer buyers the opportunity to invest in real estate while also becoming part of a close-knit community.
The average price of homes sold in Jerome was $162,091 in 2018 vs $165,430 in 2016/2017 compared to $146,105 in 2015. The average days on market decreased in the same time period from 105 to 89 days to just 39 days in 2018. While prices remain steady, demand has grown with timelines for homes staying on the market decreasing substantially.
Buyers who are interested in homes for sale in Jerome Idaho will find that the city offers plenty of local attractions and recreation opportunities. Several state parks can be found nearby the city, and there are 16 campgrounds in Jerome. Residents enjoy visiting the historical sites in Jerome, such as the World War II-era Japanese internment camp that was located in the city. Hiking, golfing and skiing are popular activities among the locals. Homes for sale in Jerome ID offer more than just a comfortable place to live, they provide buyers with the opportunity to become a part of this energetic region.
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