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Foreclosures in Jerome, ID 83338

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Jerome, ID Foreclosures

Current Market Conditions in in Jerome, ID As of April 2026?
Over the past month, Jerome's real estate market has remained robust, with a growing interest from out-of-state buyers. The average home price has seen a slight increase of approximately 4% as more properties are being listed. The increased buying activity reflects a wider trend of urban residents seeking more space and affordability. Additionally, the time homes spend on the market has decreased by around 10%, indicating quicker sales as inventory turns over.
How much do homes sell for in Jerome, ID?
The average home price is currently $400,139.
In Jerome, ID, how many homes are available?
There are currently 2 active home listings available in Jerome.
What’s the average rental cost in Jerome, ID?
The average rental price in Jerome is $1,030.
What is the most expensive home in Jerome?
The most expensive home sold in Jerome had a price of $8,955,568.
What is currently the cheapest priced home in Jerome, ID?
The cheapest home for sale in Jerome is priced at $24,640.

Living in Jerome, ID

Jerome, ID is a picturesque town that combines the warmth of small-town living with access to natural beauty and modern amenities. Its welcoming community offers ample opportunities for outdoor recreation, local shopping, and quality education. Jerome's charm lies in its agricultural roots and vibrant local culture.

Buyer vs Seller Market in Jerome, ID

The current real estate market in Jerome, ID is displaying a trend of steady growth. Demand for homes continues to rise as more people discover the charm of small-town living. Buyers are attracted to the area for its affordable housing options and desirable community atmosphere, leading to increased property values over the last several months.

Recent months have seen an uptick in home sales and an increase in housing prices, as Jerome gains attention from those looking to relocate. The local market maintains a balance of inventory, ensuring that potential buyers have options while still creating a competitive landscape.

Home Value Estimator For Jerome, ID

There are currently 6,186 real estate properties in Jerome, ID, with a median automated valuation model (AVM) price of $344,981.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Jerome, ID, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Jerome, ID, is $400,139.00, with the most expensive house in Jerome, ID, topping out at $8,955,568.00 and the cheapest home in Jerome, ID, clocking in at $24,640.00. In other words, there’s something for every potential homebuyer or savvy investor in Jerome, ID!

Rent Prices In Jerome, ID

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Jerome, ID, is on a rollercoaster ride. The average rent price in Jerome, ID, is $1,030.00. Indeed, when looking to rent in Jerome, ID, you can expect to pay as little as $700.00 or as much as $1,410.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Jerome, ID -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Jerome, ID 83338 Foreclosures


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