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Foreclosures in Jerome, MI 49249

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Jerome, MI Foreclosures

Current Market Conditions in in Jerome, MI As of February 2026?
Over the past month, the Jerome housing market has remained consistent, with several properties going under contract. There are indications of a slight increase in showings as potential buyers look to take advantage of the end-of-summer season. Overall, the market is seeing a good turnover with competitive pricing.
How much do homes sell for in Jerome, MI?
The average home price is currently $309,272.
In Jerome, MI, how many homes are available?
There are currently 4 active home listings available in Jerome.
What’s the average rental cost in Jerome, MI?
The average rental price in Jerome is $1,364.
What is the most expensive home in Jerome?
The most expensive home sold in Jerome had a price of $2,906,600.
What is currently the cheapest priced home in Jerome, MI?
The cheapest home for sale in Jerome is priced at $10,022.

Living in Jerome, MI

Jerome, MI is a charming small town that offers a peaceful living environment surrounded by nature. It features friendly neighborhoods and local amenities that cater to the basic needs of its residents. With the beauty of outdoor activities nearby, it’s a perfect place for families and individuals looking for a serene lifestyle.

Buyer vs Seller Market in Jerome, MI

The real estate market in Jerome, MI has been stable with a modest growth in housing prices over the past year. The demand for homes remains steady as families and retirees seek out the area's tranquility and charm.

Home prices in Jerome have seen a balanced trend, where both buyers and sellers are actively participating in transactions. The market has experienced increased interest from those looking to escape urban settings.

Home Value Estimator For Jerome, MI

There are currently 2,193 real estate properties in Jerome, MI, with a median automated valuation model (AVM) price of $268,672.00. 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, MI, 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, MI, is $309,272.00, with the most expensive house in Jerome, MI, topping out at $2,906,600.00 and the cheapest home in Jerome, MI, clocking in at $10,022.00. In other words, there’s something for every potential homebuyer or savvy investor in Jerome, MI!

Rent Prices In Jerome, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Jerome, MI, is on a rollercoaster ride. The average rent price in Jerome, MI, is $1,364.00. Indeed, when looking to rent in Jerome, MI, you can expect to pay as little as $790.00 or as much as $2,600.00, with the average rent median estimated to be $1,350.00. The good news is that finding an affordable and desirable property to rent in Jerome, MI -- 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, MI 49249 Foreclosures


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