Tax Liens in Jerome, ID

Current Market Conditions in Jerome, ID

The real estate market in Jerome remains steady, showcasing a mix of affordable housing options and properties for more affluent buyers. The demand has increased due to the area's beautiful surroundings and friendly atmosphere, attracting families and retirees alike. Current market trends indicate that homes are selling faster, with a slight rise in property values due to low inventory and increasing interest from potential buyers.

Over the past few months, Jerome’s housing market has demonstrated resilience despite broader economic fluctuations. Homes are not only being sold swiftly but also at closer to their asking prices, indicating a competitive market. Additional interest from out-of-state buyers looking for a slice of Idaho's serenity has influenced current trends.

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.