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Foreclosure Homes in Jerome, PA

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Jerome, PA Foreclosures

Current Market Conditions in in Jerome, PA As of March 2026?
Over the past month, Jerome's housing market has seen a slight uptick in activity, primarily due to an influx of interested buyers seeking a quieter lifestyle. Listings have decreased slightly, leading to a rise in bidding wars for well-maintained properties. However, prices remain competitive, with potential for growth as the community attracts newcomers looking for affordable living options.
How much do homes sell for in Jerome, PA?
The average home price is currently $103,866.
In Jerome, PA, how many homes are available?
There are currently 102 active home listings available in Jerome.
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 $1,779,217.
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 small, peaceful borough known for its charming community and scenic surroundings. With easy access to outdoor activities and neighboring towns, it offers a tranquil lifestyle ideal for families and retirees. The area hosts a variety of local events and has a strong sense of community.

Buyer vs Seller Market in Jerome, PA

The real estate market in Jerome, PA, is currently stable, with modest fluctuations in property values over recent months. Homes are typically affordable, making it an attractive option for first-time buyers and investors seeking rental opportunities. The demand for homes in the area remains steady, boosted by its appeal as a peaceful retreat from city life.

Home Value Estimator For Jerome, PA

There are currently 245 real estate properties in Jerome, PA, with a median automated valuation model (AVM) price of $79,939.00. 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 $103,866.00, with the most expensive house in Jerome, PA, topping out at $1,779,217.00 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.

Jerome, PA Foreclosures

Market Trend for Jerome, PA

Total Listings Available: 102

Market Values:

Home Prices from $23,960 to $1,779,217

Average Sales Price: $103,866

Rental Values:

Rental from $580 to $1,810

Average Rent Value: $803 / month

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