The median value of housing in 86331 Jerome, AZ is $441,300, which is higher than the US median value of $338,100. Moreover, the 1-year house appreciation rate in the area is 9.24%, higher than the US 1-year house appreciation rate of 8.27%. This indicates that Jerome has a more favorable housing market and is a great place to invest in real estate.
The median home cost in Jerome (zip 86331) is $441,300. Home appreciation the last 10 years has been 175.2%. Home Appreciation in Jerome (zip 86331) is up 19.5%.
Average Age of Homes
- The median age of Jerome (zip 86331) real estate is 78 years old
The Rental Market in Jerome (zip 86331)
- Renters make up 18.1% of the Jerome (zip 86331) population
- 2.3% of houses and apartments in Jerome (zip 86331), 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.