Housing Prices in Jerome, ID

How much do homes in Jerome, ID cost?

Median List Price

$399,900

$239/sqft

Based on all homes listed in April 2024.

Difference Since Last Month

-$18,000(-4.3%)

Key Takeaway

The list price of homes in Jerome has decreased by 4.3% since March.

Summary: The median home list price in Jerome was $399,900 in April 2024, down 4.3% from the previous month, and the median price per square foot was $239.

Median List Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $119.9K$119.9K
0.0%
2 $242.5K$199K
-17.9%
3 $399K$338.9K
-15.1%
4 $415.9K$417.9K
0.5%
5+ $684.9K$724.9K
+5.8%

Summary: Jerome housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.9%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 5.8%.

Housing Supply in Jerome, ID

How many homes are available in Jerome, ID?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5060+20.0%

Summary: The Jerome real estate market had 60 homes for sale in April 2024, a 20.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 25
+150.0%
3 2125
+19.0%
4 1922
+15.8%
5+ 77
0.0%

Summary: The Jerome housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes remained the same.

Days on Market for Jerome, ID

How long does it take to sell a home in Jerome, ID?

Average Listing Age

Mar 2024Apr 2024CHANGE
67 Days71 Days+5.9%

Summary: Homes in Jerome had an average listing age of 71 days in Apr 2024, up by 5.9% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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