Housing Prices in Jerome, ID
How much do homes in Jerome, ID cost?
Median List Price
$240,000
$155/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Jerome has increased by 13.2% since last year.
Summary: The median home list price in Jerome was $240,000 in March 2024, up 13.2% from the previous year, and the median price per square foot was $155.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $67.5K | $99.9K | +48.0% |
| 2 Bedrooms | $136K | $179K | +31.6% |
| 3 Bedrooms | $196.9K | $219.5K | +11.5% |
| 4 Bedrooms | $262K | $305K | +16.4% |
| 5+ Bedrooms | $346K | $423.4K | +22.4% |
Summary: Jerome housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48%, 2 bedroom homes increased by 31.6%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 22.4%.
Housing Supply in Jerome, ID
How many homes are available in Jerome, ID?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 907 | 915 | +0.9% |
Summary: The Jerome real estate market had 915 homes for sale in March 2024, a 0.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 11 | 0.0% |
| 2 Bedrooms | 87 | 85 | -2.3% |
| 3 Bedrooms | 528 | 532 | +0.8% |
| 4 Bedrooms | 234 | 239 | +2.1% |
| 5+ Bedrooms | 47 | 48 | +2.1% |
Summary: The Jerome housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 2.1%.
Days on Market for Jerome, ID
How long does it take to sell a home in Jerome, ID?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 1,039 Days | 1,166 Days | +12.2% |
Summary: Homes in Jerome had an average listing age of 1,166 days in Mar 2024, up by 12.2% compared to the previous year.
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