Jerome, PA Foreclosures
How much do homes sell for in Jerome, PA?
The average home price is currently $101,721.
What’s the average rental cost in Jerome, PA?
The average rental price in Jerome is $803.
What is the most expensive home in Jerome?
The most expensive home sold in Jerome had a price of $639,354.
What is currently the cheapest priced home in Jerome, PA?
The cheapest home for sale in Jerome is priced at $21,998.
Living in Jerome, PA
Jerome, PA is a picturesque borough that combines historical charm with modern living. Known for its friendly community and scenic landscapes, it offers a peaceful environment with plenty of recreational activities nearby. Families and individuals alike appreciate the small-town feel and the beauty of the surrounding nature.
Current Market Conditions in Jerome, PA
In recent months, the real estate market in Jerome has shown a steady growth trend, with increased interest from homebuyers. The combination of affordable housing prices and attractive neighborhood characteristics makes Jerome a desirable location for those looking to settle down in Somerset County. Inventory remains limited, leading to a competitive environment for buyers, particularly for well-maintained homes.
Jerome's market has become increasingly favorable for sellers, particularly over the summer months, where home prices have seen consistent appreciation. The demand for properties in this area continues to rise, supported by its charm and appeals as a quiet retreat from nearby urban centers.
Home Value Estimator For Jerome, PA
There are currently 203 real estate properties
in Jerome, PA,
with a median automated valuation model (AVM) price
of $84,834.00. 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, PA, 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, PA,
is $101,721.00, with the most expensive house
in Jerome, PA, topping out
at $639,354.00 and the cheapest home
in Jerome, PA,
clocking in at $21,998.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Jerome, PA!
Rent Prices
In Jerome, PA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Jerome, PA, is on
a rollercoaster ride. The
average rent price in Jerome, PA,
is $803.00. Indeed, when looking to rent in
Jerome, PA, you can expect to pay as little
as $580.00 or as much
as $1,810.00,
with the average rent median estimated to
be $770.00. The good news is that finding
an affordable and desirable property to rent in Jerome, PA
-- 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.
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