Jerome, ID
Housing market overview · Updated weekly
$268,000median sale price
Homes sold
7
Last 12 weeks
Days on market
203
Average pace
Active listings
51
7.3 months supply
Sale-to-list
95.1%
Below asking
The Jerome housing market is currently classified as a buyer's market with a median sale price of $268,000. Prices have fallen 18.4% compared to last year, with homes spending an average of 203 days on market, indicating 7.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Jerome
There are currently 51 homes listed for sale in Jerome, Id. The median listing price is $330K.
Active listings
51
Homes on market
Median list price
$330K
Avg. days on market
203
Days until sale
New this week
12
Newly listed
Explore nearby cities in ID
Frequently asked questions
What is the average home price in Jerome?
The median home sale price in Jerome is $268,000, down 18.4% from last year.
How long do homes stay on market in Jerome?
Homes typically spend 203 days on market before going under contract.
Is Jerome a buyer's or seller's market?
With 7.3 months of supply, Jerome is currently a buyer's market.
Get Jerome market alerts
Weekly updates on prices, inventory, and trends. Free forever.