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Today: September 23, 2025

Current Price

$142,988

1 Month Forecast

$156,972

1-Year Forecast *

$170,033

5-Year Forecast *

$203,499

"Is it a good time to buy homes in Jerome?" "Does investing in real estate in Jerome (Illinois State, Sangamon County) worth it?" According to our live Forecast System, buying a house in Jerome is a good short-term (1-year) investment*. The Jerome average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Jerome" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Jerome in Illinois State, Sangamon County. If you are looking for homes for sale with good flipping profit, Jerome can be a profitable property investment option. The median price of an average house in Jerome was 142,988 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Jerome" area is 203,499 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +42.32% meaning that investing 100000 USD today may yield a profit of 42,319 USD by 2030.

Current Median Listing Price: 142,988 USD Median Listing Price Per Square Foot: 79 USD

Jerome Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Jerome (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Jerome Price Target

Jerome median home price target in 12 months: $170,033* (upside of 18.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $157,730 $155,637 $154,997 $157,730
2024 $136,994 $142,988 $136,994 $142,988
2023 $122,701 $137,279 $122,701 $137,279
2022 $117,529 $121,765 $117,529 $121,765
2021 $106,028 $116,587 $106,028 $116,587
2020 $101,029 $105,566 $100,881 $105,566
2019 $95,485 $100,381 $95,485 $100,381
2018 $95,028 $95,534 $95,028 $95,784
2017 $94,079 $94,551 $93,558 $94,682
2016 $91,987 $93,814 $91,711 $93,814
2015 $90,425 $91,528 $90,004 $91,528
2014 $88,309 $90,894 $88,309 $91,320
2013 $85,484 $87,945 $85,484 $87,996
2012 $84,350 $85,431 $84,350 $85,431

Questions & Answers about the Jerome Housing Market Forecast

How much does an average home cost in Jerome today?

The value of an average home (the listing price) in Jerome is $142,988 USD.

What is the average price per square foot in Jerome?

According to Walletinvestor the median price per square foot in Jerome is 79 USD.

Will the median listing price of homes in Jerome grow / rise / go up?

Yes. The Jerome home prices may rise from 142,988 USD to 170,033 USD in one year.

Is it profitable to invest in Jerome homes?

Yes. The long-term profit potential is +18.91% in one year.

Will Jerome house prices fall / drop?

No. See above.

What is the predicted price of a Jerome home in 2030?

The predicted home sales price of a Jerome home in 2030 in Jerome is 203,499 USD.

What is the predicted price of a Jerome home in 2035?

The predicted home sales price of a Jerome home in 2035 in Jerome is 264,135 USD.

Will real estate prices decrease in Jerome?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Jerome is the 16556. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Sangamon, Jerome increased, looking at the past 12 months.

According to Walletinvestor's Jerome real estate market research, home values will increase in the next 12 months.

Median home values increased by 2.835% to 142,988 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 20.704% in 2020
  • 18.234% in 2021
  • 20.804% in 2022
  • 18.984% in 2023
  • 19.874% in 2024
  • 18.914% in 2025

Based on our Jerome real estate market research and report the predicted sales prices will increase by 465.385% in the next 10 years.

Over the last 12 months, the value of homes in Jerome fluctuated: increasing 6 times and decreasing 4 times.

Jerome (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Jerome Housing Market Forecast with Real Estate Prices for 2025
August 2025 156972 143629 170314
September 2025 158318 147077 169558
October 2025 159171 150735 167607
November 2025 159868 145320 174416
December 2025 161239 151726 170752
Jerome Housing Market Forecast with Real Estate Prices for 2026
January 2026 162622 148148 177095
February 2026 164016 149419 178614
March 2026 165423 156325 174521
April 2026 166842 150491 183192
May 2026 168273 153801 182744
June 2026 169716 155120 184311
July 2026 170033 159321 180745
August 2026 169981 159952 180010
September 2026 170324 153973 186675
October 2026 171255 159438 183071
November 2026 172638 155719 189556
December 2026 174107 161049 187165
Jerome Housing Market Forecast with Real Estate Prices for 2027
January 2027 175252 160706 189798
February 2027 176755 162438 191072
March 2027 177491 162937 192046
April 2027 178223 161827 194620
May 2027 177514 166864 188165
June 2027 176534 160999 192069
July 2027 175535 164652 186418
August 2027 175769 166278 185261
September 2027 177067 162016 192118
October 2027 178586 166978 190194
November 2027 179958 165382 194535
December 2027 180560 165032 196088
Jerome Housing Market Forecast with Real Estate Prices for 2028
January 2028 181734 171921 191548
February 2028 183293 169546 197040
March 2028 184865 170445 199284
April 2028 186450 170416 202485
May 2028 188049 175262 200837
June 2028 189662 176955 202369
July 2028 191199 172079 210319
August 2028 192533 175012 210053
September 2028 193761 183685 203836
October 2028 194762 179376 210148
November 2028 194358 182113 206602
December 2028 194633 181009 208257
Jerome Housing Market Forecast with Real Estate Prices for 2029
January 2029 196181 181075 211287
February 2029 197864 182430 213297
March 2029 198535 186027 211043
April 2029 197912 178121 217704
May 2029 197061 180508 213614
June 2029 196866 178558 215175
July 2029 196498 183333 209664
August 2029 197466 184236 210696
September 2029 199159 179443 218876
October 2029 200867 187409 214326
November 2029 202590 186991 218190
December 2029 202030 182433 221627
Jerome Housing Market Forecast with Real Estate Prices for 2030
January 2030 200887 189838 211936
February 2030 199750 189563 209938
March 2030 199230 184686 213774
April 2030 199393 180650 218136
May 2030 200053 181048 219058
June 2030 201768 191680 211857
July 2030 203499 183352 223645
August 2030 204595 184954 224236
September 2030 205491 191518 219465
October 2030 207254 192124 222383
November 2030 209031 195235 222827
December 2030 210824 194590 227057
Jerome Housing Market Forecast with Real Estate Prices for 2031
January 2031 212632 199023 226240
February 2031 214455 198157 230754
March 2031 216295 197477 235112
April 2031 218150 200480 235820
May 2031 218557 197576 239539
June 2031 218490 200793 236188
July 2031 218931 201417 236446
August 2031 220128 198115 242141
September 2031 221905 202599 241211
October 2031 223794 207905 239683
November 2031 225265 207019 243512
December 2031 227197 214247 240147
Jerome Housing Market Forecast with Real Estate Prices for 2032
January 2032 228144 205330 250959
February 2032 229085 210758 247412
March 2032 228174 214027 242320
April 2032 226913 209668 244158
May 2032 225629 203743 247515
June 2032 225930 204241 247620
July 2032 227599 216219 238979
August 2032 229551 213482 245619
September 2032 231315 212579 250052
October 2032 232088 211664 252512
November 2032 233598 215611 251585
December 2032 235601 221701 249502
Jerome Housing Market Forecast with Real Estate Prices for 2033
January 2033 237622 225741 249503
February 2033 239660 224801 254519
March 2033 241715 218752 264678
April 2033 243788 228186 259391
May 2033 245764 224137 267391
June 2033 247478 230650 264307
July 2033 249057 230128 267985

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.