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Featured local agent — Jerome, ID
Sarah Mitchell
Compass Real Estate · Jerome, ID
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Jerome, ID Housing Market & Real Estate
Housing market overview · Updated monthly ·
$369,900median sale price
How is the Jerome, ID housing market right now?
The median home sale price in Jerome, ID is $369,900, up 5.7% year-over-year. Homes sell in an average of 46 days with 52 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Jerome a buyer's or seller's market?
Jerome, ID is currently a balanced market, based on 3.5 months of supply and homes selling in about 46 days. How we determine this →
Homes sold
15
Last 12 weeks
Days on market
46
Average pace
Active listings
52
3.5 months supply
Sale-to-list
99.8%
Below asking
What does the Jerome housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $369,900 |
| Median list price | $389,000 |
| Year-over-year price change | +5.7% |
| Average days on market | 46 days |
| Active inventory | 52 listings |
| Months of supply | 3.5 months |
| Sale-to-list price ratio | 99.8% |
| Median price per sq ft | $224/sq ft |
| Homes sold (latest month) | 15 |
| New listings (latest month) | 13 |
| Listings with a price cut | 50.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Jerome by property type?
How the Jerome, ID market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $369,900 | $224/sq ft | 15 | 46 days |
Source: Redfin · Updated monthly
The Jerome housing market is currently classified as a balanced market with a median sale price of $369,900. Prices have risen 5.7% compared to last year, with homes spending an average of 46 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.3x provides context for how home values compare to local earning capacity.
Homes for sale in Jerome
There are currently 52 homes listed for sale in Jerome, Idaho. The median listing price is $389K.
Active listings
52
Homes on market
Median list price
$389K
Avg. days on market
46
Days until sale
New this week
13
Newly listed
Who lives in Jerome?
Population
12,689
Median income
$65,343/yr
Median age
31 years
Owner-occupied
72.2%
College grads
9.7%
Avg commute
21 min
Source: U.S. Census Bureau ACS
What are homes worth in Jerome?
Zillow home value
$409,533
Price-to-income
6.3x
Source: Zillow Research
What is it like to live in Jerome?
Jerome is a community of approximately 13K residents with a median age of 31 years.The median household income is $65,343, which represents a working-class community with solid middle-income opportunities. 9.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 72.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 21 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Jerome offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Jerome?
8 schools tracked · 4,253 students
The largest public schools serving Jerome, ID by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
JEROME HIGH SCHOOL
Grades 9-12 · 1,156 students
JEROME MIDDLE SCHOOL
Grades 6-8 · 972 students
HORIZON ELEMENTARY SCHOOL
Grades PK-3 · 646 students
SUMMIT ELEMENTARY
Grades 2-5 · 613 students
JEFFERSON ELEMENTARY SCHOOL
Grades K-3 · 601 students
HERITAGE ACADEMY
Grades PK-8 · 175 students
FALLS CITY ACADEMY
Grades 6-12 · 83 students
JEROME ACADEMY
Grades K-12 · 7 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Jerome, ID?
Want a head-to-head view? Compare Jerome side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Jerome?
The median home sale price in Jerome is $369,900, up 5.7% from last year.
How long do homes stay on market in Jerome?
Homes typically spend 46 days on market before going under contract.
What is the median income in Jerome?
The median household income is $65,343 per year.
Is Jerome a buyer's or seller's market?
With 3.5 months of supply, Jerome is currently a balanced market.
What is the Zillow home value estimate for Jerome?
The Zillow Home Value Index (ZHVI) for Jerome is $409,533, representing the typical home value in the area.
How much does a single-family home cost in Jerome?
The median single-family home price in Jerome, ID is $369,900 (about $224 per square foot).
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