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Land Foreclosures in Jerome, MI

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Jerome, MI Foreclosures

Current Market Conditions in in Jerome, MI As of April 2026?
In the past month, Jerome has experienced a modest uptick in home sales, driven by the end of summer and the onset of the back-to-school season. The average home price has increased by approximately 2%, indicating a steady demand in the market. Properties that are well maintained and properly priced are selling quickly, often attracting multiple offers—a sign of a competitive market.
How much do homes sell for in Jerome, MI?
The average home price is currently $308,445.
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 $2,900,000.
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 picturesque village in Hillsdale County, known for its friendly community and tranquil atmosphere. With beautiful natural surroundings and a welcoming environment, it’s perfect for those seeking a peaceful lifestyle while remaining close to urban conveniences. Residents enjoy various outdoor activities and have easy access to nearby towns for shopping and entertainment.

Buyer vs Seller Market in Jerome, MI

The real estate market in Jerome, MI has shown a stable growth pattern with a slight increase in home values over recent months. The affordability of homes in this area combined with its picturesque setting has attracted both families and retirees, contributing to a healthy demand for housing.

More buyers are looking toward small towns like Jerome as urban areas become increasingly crowded. This shift is likely to enhance market conditions in the area as demand continues to rise.

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 $268,983.00. 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 $308,445.00, with the most expensive house in Jerome, MI, topping out at $2,900,000.00 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 Land


Market Trend for Jerome, MI

Total Listings Available: 0

Market Values:

Home Prices from $10,022 to $2,900,000

Average Sales Price: $308,445

Rental Values:

Rental from $790 to $2,600

Average Rent Value: $1,364 / month

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