Rising home prices in Jerome in April 2021

Medium realestate1

The median sale price of a home sold in April 2021 in Jerome, a Springfield neighborhood, rose by $8,500 while total sales increased by 25%, according to BlockShopper.com.

In April 2021, there were 10 homes sold, with a median sale price of $98,250 - a 9.5% increase over the $89,750 median sale price for the same period of the previous year. There were eight homes sold in Jerome in April 2020.

The median sales tax in Jerome for the most recent year with available data, 2019, was $1,738, approximately 1.8% of the median home sale price for April 2021.

The following table compares Jerome to other Springfield neighborhood with similar median sale prices in April 2021:

NeighborhoodApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Route 4/ Washington Street13785.7%$128,000$150,000-14.7%
Lincoln Avenue/ Fayette Avenue5425%$112,500$62,80079.1%
Toronto/ University of Illinois at Springfield68-25%$111,000$159,250-30.3%
Stanton Street/ Stevenson Drive144250%$106,450$89,00019.6%
Mayden Road/ Dirkson Parkway5425%$105,000$135,500-22.5%
Devereux Heights21100%$95,000$28,180237.1%
Cook Street/ Wheeler Avenue20-$88,275$0-
Glenwood Avenue/ Fayette Avenue62200%$78,700$28,250.50178.6%
College Street/ Ash Street157114.3%$77,000$91,250-15.6%
Route 4/ Route 976520%$63,500$42,50049.4%

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