Housing Prices in Jerome, ID

How much do homes in Jerome, ID cost?

Median List Price

$425,000

$240/sqft

Based on all homes listed in November 2024.

Difference Since Last Month

-$9,450(-2.2%)

Key Takeaway

The list price of homes in Jerome has decreased by 2.2% since October.

Summary: The median home list price in Jerome was $425,000 in November 2024, down 2.2% from the previous month, and the median price per square foot was $240.

Median List Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$195.9K
N/A
2 $325K$275K
-15.4%
3 $399.9K$399K
-0.2%
4 $429.9K$434.9K
+1.2%
5+ $660K$642.5K
-2.7%

Summary: Jerome housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 2.7%.

Housing Supply in Jerome, ID

How many homes are available in Jerome, ID?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5471+31.5%

Summary: The Jerome real estate market had 71 homes for sale in November 2024, a 31.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 12
+100.0%
3 3141
+32.3%
4 1517
+13.3%
5+ 710
+42.9%

Summary: The Jerome housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 32.3%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 42.9%.

Days on Market for Jerome, ID

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

Average Listing Age

Oct 2024Nov 2024CHANGE
92 Days93 Days+1.3%

Summary: Homes in Jerome had an average listing age of 93 days in Nov 2024, up by 1.3% compared to the previous month.

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

Report Updated 20 Days Ago

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