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Foreclosures in Jerome, ID

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Jerome, ID Foreclosures

Current Market Conditions in in Jerome, ID As of March 2026?
Over the past month, Jerome's real estate market has shown a trend of increased competition among buyers, leading to a slight uptick in home prices. Listings are being sold faster than last year, and new construction projects are also in the pipeline, catering to the growing demographic of new residents. The overall climate remains positive for both buyers and sellers as homes remain in demand.
How much do homes sell for in Jerome, ID?
The average home price is currently $402,420.
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 $8,990,711.
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 friendly small town situated in the heart of the Magic Valley, characterized by its welcoming community and beautiful landscapes. With ample outdoor activities and strong ties to agriculture, it offers a unique blend of rural living and modern amenities. Jerome boasts a growing real estate market that appeals to families and individuals seeking a peaceful lifestyle.

Buyer vs Seller Market in Jerome, ID

The real estate market in Jerome is currently experiencing a steady increase in demand, driven by an influx of families looking for affordable housing in a serene environment. The average home price has risen moderately over the past few months, indicating a healthy level of interest from buyers. Properties typically sell within a reasonable timeframe, reflecting the area's appeal.

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 $346,183.00. 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 $402,420.00, with the most expensive house in Jerome, ID, topping out at $8,990,711.00 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 Foreclosures


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