Jerome, PA Foreclosures
How much do homes sell for in Jerome, PA?
The average home price is currently $102,611.
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 $801,981.
What is currently the cheapest priced home in Jerome, PA?
The cheapest home for sale in Jerome is priced at $23,960.
Living in Jerome, PA
Jerome, PA is a quaint community located in Somerset County, offering a peaceful lifestyle surrounded by nature. With its friendly atmosphere and access to outdoor activities, it's an ideal location for families seeking a quieter life. The town combines historical charm with essential local amenities.
Current Market Conditions in Jerome, PA
Jerome's real estate market is witnessing stability with a slight uptick in property values as the demand for housing in smaller towns increases. More buyers are looking to escape urban densities, seeking the peaceful lifestyle that neighborhoods like Jerome provide.
Currently, the average home price has risen modestly over the past year, reflecting a broader trend across non-urban areas. The local market is recognized for its affordability in comparison to larger metropolitan markets, attracting first-time homebuyers and retirees.
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 $85,836.00. 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 $102,611.00, with the most expensive house
in Jerome, PA, topping out
at $801,981.00 and the cheapest home
in Jerome, PA,
clocking in at $23,960.00. 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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