Current Price

$142,988

1 Month Forecast

â–² $157,025

1-Year Forecast *

â–² $168,012

5-Year Forecast *

â–² $201,757

"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 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Jerome" area is 201,757 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +41.10% meaning that investing 100000 USD today may yield a profit of 41,101 USD by 2031.

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: 2026-2032

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: $168,012* (upside of 17.5%)

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 $84,603 $85,431 $84,603 $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 168,012 USD in one year.

Is it profitable to invest in Jerome homes?

Yes. The long-term profit potential is +17.50% 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 193,185 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 246,203 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 decreased, 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 decreased by 8.554% to 142,988 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 17.601% in 2021
  • 16.451% in 2022
  • 18.901% in 2023
  • 18.941% in 2024
  • 18.151% in 2025
  • 16.101% in 2026

Based on our Jerome real estate market research and report the predicted sales prices will increase by 401.675% in the next 10 years.

Over the last 12 months, the value of homes in Jerome fluctuated: increasing 2 times and decreasing 2 times.

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

Below you will find the price predictions for 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 157025 147761 166290
September 2025 158427 149396 167457
October 2025 159840 150250 169430
November 2025 161266 151268 171265
December 2025 162705 150502 174908
Jerome Housing Market Forecast with Real Estate Prices for 2026
January 2026 163009 151435 174583
February 2026 162959 152041 173878
March 2026 163288 152511 174065
April 2026 164181 154658 173703
May 2026 165506 157231 173781
June 2026 166915 157568 176262
July 2026 168012 157595 178429
August 2026 169510 157475 181545
September 2026 170216 160174 180259
October 2026 170918 154510 187326
November 2026 170238 160535 179942
December 2026 169298 159309 179286
Jerome Housing Market Forecast with Real Estate Prices for 2027
January 2027 168271 152958 183583
February 2027 168495 154510 182480
March 2027 169739 154123 185355
April 2027 171254 157211 185297
May 2027 172570 157384 187756
June 2027 173147 155832 190462
July 2027 174273 159809 188738
August 2027 175828 164048 187609
September 2027 177397 162850 191944
October 2027 178980 167346 190613
November 2027 180577 166311 194842
December 2027 182188 164333 200042
Jerome Housing Market Forecast with Real Estate Prices for 2028
January 2028 183665 174114 193215
February 2028 184945 173109 196782
March 2028 186125 175888 196362
April 2028 187087 177358 196815
May 2028 186698 171203 202194
June 2028 186963 177054 196872
July 2028 188450 169793 207107
August 2028 190131 175681 204581
September 2028 190777 177422 204131
October 2028 190178 173253 207104
November 2028 189360 179324 199396
December 2028 189173 175931 202415
Jerome Housing Market Forecast with Real Estate Prices for 2029
January 2029 188820 174658 202981
February 2029 189749 177036 202462
March 2029 191442 175935 206949
April 2029 193150 181561 204739
May 2029 194874 177920 211828
June 2029 194335 182286 206384
July 2029 193185 173867 212504
August 2029 192013 177228 206798
September 2029 191512 177532 205493
October 2029 191669 180552 202786
November 2029 192303 180381 204226
December 2029 194019 178886 209153
Jerome Housing Market Forecast with Real Estate Prices for 2030
January 2030 195750 185963 205538
February 2030 197497 185055 209939
March 2030 199259 179732 218786
April 2030 201037 185959 216115
May 2030 201413 186307 216518
June 2030 201351 184236 218466
July 2030 201757 191467 212047
August 2030 202860 185211 220509
September 2030 204498 187115 221880
October 2030 206239 192421 220057
November 2030 207594 194724 220465
December 2030 209445 189548 229342
Jerome Housing Market Forecast with Real Estate Prices for 2031
January 2031 210318 196647 223988
February 2031 211185 191967 230403
March 2031 210345 198986 221704
April 2031 209183 188474 229892
May 2031 207914 193983 221844
June 2031 208191 190911 225471
July 2031 209728 189175 230282
August 2031 211600 191709 231490
September 2031 213226 195315 231137
October 2031 213939 193401 234477
November 2031 215330 195089 235571
December 2031 217252 198351 236153
Jerome Housing Market Forecast with Real Estate Prices for 2032
January 2032 219190 207573 230807
February 2032 221146 201243 241049
March 2032 223119 211294 234944
April 2032 225110 203724 246495
May 2032 226934 209687 244181
June 2032 228517 211150 245884
July 2032 229974 211806 248142

> 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.