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Short Sale Listings in Jerome, MI

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Jerome, MI Foreclosures

How much do homes sell for in Jerome, MI?
The average home price is currently $331,124.
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 $2,898,300.
What is currently the cheapest priced home in Jerome, MI?
The cheapest home for sale in Jerome is priced at $14,655.

Living in Jerome, MI

Jerome, Michigan is a quaint and serene town located in Hillsdale County providing a peaceful lifestyle surrounded by nature. Known for its friendly community and beautiful landscapes, it is a great choice for families looking to escape the hustle and bustle of city life. The area promotes a strong sense of community with many local events and recreational activities available.

Current Market Conditions in Jerome, MI

The Jerome real estate market has shown stable growth, with an emphasis on single-family homes appealing to both first-time buyers and those looking for vacation properties. The small-town atmosphere attracts individuals desiring spacious homes with large lots, contributing to a steady demand in the area.

Trends show an increase in home values as more people seek the tranquility of suburban and rural settings post-pandemic. Home sales have increased as buyers look for properties offering outdoor space, a common feature in the Jerome area.

Home Value Estimator For Jerome, MI

There are currently 1,918 real estate properties in Jerome, MI, with a median automated valuation model (AVM) price of $287,708.00. 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 $331,124.00, with the most expensive house in Jerome, MI, topping out at $2,898,300.00 and the cheapest home in Jerome, MI, clocking in at $14,655.00. 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 Short Sale Listings


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