The housing market in Jerome, KS is thriving, with the median house value sitting at $123,500. This number is significantly lower than the median US house value of $338,100, making it an attractive option for potential home buyers. Furthermore, Jerome's one year house appreciation rate has been calculated at 11.04%, a higher rate than the 8.27% national average. Overall, Jerome is a great place to invest in housing as it offers lower prices and greater potential returns than other locations.
The median home cost in Jerome is $123,500. Home appreciation the last 10 years has been 62.7%. Home Appreciation in Jerome is up 14.4%.
Average Age of Homes
- The median age of Jerome real estate is 42 years old
The Rental Market in Jerome
- Renters make up 6.4% of the Jerome population
- 0.0% of houses and apartments in Jerome, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.