Housing · Jerome
Jerome, MI housing market
The typical Jerome home is worth about $294,000, up 2.2% in a year, 10% above the Michigan typical home.
Home values, sales, trends and how Jerome compares with the towns next door — updated as new data is published.
The market right now
Jerome at a glance
Typical home value
$294K
▲ 2.2% in a year · Zillow
Ten-year trend
Typical home value, 2016–2026
JeromeMichigan
Show as a table
| January | Jerome | Michigan |
|---|---|---|
| 2017 | $153,000 | $144,000 |
| 2018 | $166,000 | $155,000 |
| 2019 | $180,000 | $165,000 |
| 2020 | $189,000 | $175,000 |
| 2021 | $214,000 | $194,000 |
| 2022 | $241,000 | $217,000 |
| 2023 | $257,000 | $230,000 |
| 2024 | $261,000 | $241,000 |
| 2025 | $281,000 | $253,000 |
| 2026 | $293,000 | $262,000 |
| August 2026 | $294,000 | $266,000 |
Nearby
Jerome and its neighbors
The towns that share a border. Tap one to see its housing page.
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Jerome | $294K | +2.2% | — | $80,313 |
| Sanford | $223K | +7.3% | — | $68,000 |
Affordability
3.7 years of income
The typical Jerome home costs about 3.7 years of the town's median household income, about the same as across Michigan (3.7).
How Jerome ranks on affordability →
Home value ÷ ACS median household income.
The homes
Owners, rent & taxes
Homeownership
85.5%
Michigan: 73.2%
Median tax bill
$2,878
Michigan: $2,904
Median rent
$1,010
Michigan: $1,129
Typical home built
1979
Michigan: 1972
U.S. Census Bureau, ACS 2020-2024.
On the market
Recent listings in Jerome
Listed in the past 60 days. Each opens on the listing site.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.