The housing market in Jerome, PA (15937) is significantly below the median value of the US. The median housing value for the area is $64,500 while the US median housing value is $338,100. Despite this disparity in values, Jerome has seen greater appreciation over a one year period than the national average with an appreciation rate of 10.96%, while the US sits at 8.27%. This suggests that Jerome is a good place to purchase real estate as its market appears to be experiencing rapid growth.
The median home cost in Jerome (zip 15937) is $64,500. Home appreciation the last 10 years has been 36.4%. Home Appreciation in Jerome (zip 15937) is up 15.4%.
Average Age of Homes
- The median age of Jerome (zip 15937) real estate is 78 years old
The Rental Market in Jerome (zip 15937)
- Renters make up 10.1% of the Jerome (zip 15937) population
- 0.0% of houses and apartments in Jerome (zip 15937), 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.