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Foreclosure Homes in Jerome, PA

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Jerome, PA Foreclosures

How much do homes sell for in Jerome, PA?
The average home price is currently $104,658.
In Jerome, PA, how many homes are available?
There are currently 85 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 $766,517.
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 borough offering a rural lifestyle with close-knit community vibes, nestled in Somerset County. It features charming homes, beautiful natural scenery, and a rich history, making it ideal for families and those seeking tranquility. Residents enjoy local amenities and the great outdoors, creating a balanced and fulfilling life here.

Current Market Conditions in Jerome, PA

The real estate market in Jerome is stable with a gradual increase in property values over the past year. As more people seek housing in rural areas, Jerome has seen a steady demand for homes. The market primarily consists of single-family residences, offering prospective homeowners various choices.

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 $85,578.00. 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 $104,658.00, with the most expensive house in Jerome, PA, topping out at $766,517.00 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: 85

Market Values:

Home Prices from $23,960 to $766,517

Average Sales Price: $104,658

Rental Values:

Rental from $580 to $1,810

Average Rent Value: $803 / month

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