Market report, updated

Market Report

Search in the city of Jerome

Khoury Real Estate LLC. logo
Report prepared by Rosietherealtormi.com Khoury Real Estate LLC.

Market at a glance

Over the last 6 months, homes sold for 94.9% of list price in 59 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $302K Sold · $291K
$400K$320K$240K$160K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 13 sales in Oct. Last month: 10.

Where the market stands

All homes in this report, by status.

83homes
Active30 · 36%
Under contract3 · 4%
Sold (6 mo)50 · 60%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$168K
Under contract$660K
Sold$314K

Average days on market

Active158 days
Under contract39 days
Sold59 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 30
Average list price $167,846
Avg. days on market 158 days
Avg. price per ft² Not enough data
Avg. living area Not enough data
Avg. beds / baths Not enough data

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

Not enough data to chart this.

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Not enough data to chart this.

Highest price per ft²

Top 7 homes in this status.

9728 Lakeview Drive$328
10218 Shady Oak Shores$292
10991 Tacoma Drive$267
10790 N Waldron Road$261
11728 Greenbriar Drive$210
10671 Hillandale Drive$193
105 Southwood Drive$144

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
11262 Sauk LaneJerome, MI 49249 42—$625,000—39 days
10991 Tacoma DriveJerome, MI 49249 331,850$495,000$26712 days
11248 Lemott CircleJerome, MI 49249 ———$449,000—229 days
10790 N Waldron RoadJerome, MI 49249 221,680$439,000$26183 days
11728 Greenbriar DriveJerome, MI 49249 421,900$400,000$21012 days
10260 Fairway DriveJerome, MI 49249 —4—$349,900—2 days
11112 Glenview DriveJerome, MI 49249 322,576$349,900$13520 days
10218 Shady Oak ShoresJerome, MI 49249 211,092$319,000$29230 days
105 Southwood DriveJerome, MI 49249 422,072$300,000$1447 days
9728 Lakeview DriveJerome, MI 49249 21850$279,000$32861 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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