Foreclosure Homes in Jerome, IL 62704

Current Market Conditions in Jerome, IL

The real estate market in Jerome has recently shown positive trends, with an increasing demand for single-family homes as more families seek affordable living close to Springfield. Listings are moving quickly, reflecting the desirability of this charming community and its amenities.

Current market conditions indicate that home prices in Jerome are remaining stable, with a slight upward trend as the community grows in popularity. New developments and renovated homes are attracting buyers looking for a suburban lifestyle with easy access to city conveniences.

Rent Prices In Jerome, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Jerome, IL, is on a rollercoaster ride. The average rent price in Jerome, IL, is $1,069.00. Indeed, when looking to rent in Jerome, IL, you can expect to pay as little as $730.00 or as much as $1,370.00, with the average rent median estimated to be $1,090.00. The good news is that finding an affordable and desirable property to rent in Jerome, IL -- 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.