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Today: September 23, 2025

Current Price

$272,598

1 Month Forecast

$297,551

1-Year Forecast *

$319,794

5-Year Forecast *

$373,414

"Is it a good time to buy homes in Jerome?" "Does investing in real estate in Jerome (Michigan State, Hillsdale 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 Michigan State, Hillsdale 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 272,598 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 373,414 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +36.98% meaning that investing 100000 USD today may yield a profit of 36,984 USD by 2030.

Current Median Listing Price: 272,598 USD Median Listing Price Per Square Foot: 151 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 (Michigan 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: $319,794* (upside of 17.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $290,043 $295,516 $290,043 $295,516
2024 $254,548 $272,598 $254,548 $272,598
2023 $250,042 $253,717 $248,247 $253,717
2022 $235,193 $251,789 $235,193 $260,735
2021 $208,272 $232,843 $208,272 $232,843
2020 $183,861 $204,795 $183,861 $204,795
2019 $175,056 $183,450 $175,056 $183,450
2018 $161,764 $173,614 $161,764 $173,614
2017 $149,336 $160,875 $149,336 $160,875
2016 $140,395 $148,148 $140,395 $148,148
2015 $130,621 $139,283 $130,621 $139,283
2014 $123,780 $130,223 $123,780 $130,223
2013 $117,747 $123,744 $117,441 $124,629
2012 $114,655 $117,442 $114,444 $117,442

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 $272,598 USD.

What is the average price per square foot in Jerome?

According to Walletinvestor the median price per square foot in Jerome is 151 USD.

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

Yes. The Jerome home prices may rise from 272,598 USD to 319,794 USD in one year.

Is it profitable to invest in Jerome homes?

Yes. The long-term profit potential is +17.31% 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 373,414 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 471,846 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 10290. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Hillsdale, 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 1.194% to 272,598 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 16.304% in 2020
  • 18.774% in 2021
  • 16.894% in 2022
  • 15.584% in 2023
  • 18.194% in 2024
  • 18.784% in 2025

Based on our Jerome real estate market research and report the predicted sales prices will increase by 393.722% in the next 10 years.

Over the last 12 months, the value of homes in Jerome fluctuated: increasing 10 times .

Jerome (Michigan) 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 297551 269581 325521
September 2025 299600 276531 322669
October 2025 301664 271497 331830
November 2025 303741 283087 324396
December 2025 305833 279837 331829
Jerome Housing Market Forecast with Real Estate Prices for 2026
January 2026 307939 280533 335346
February 2026 310060 288356 331764
March 2026 312196 291903 332488
April 2026 314346 284797 343894
May 2026 316511 296254 336767
June 2026 318691 301163 336218
July 2026 319794 297408 342180
August 2026 320547 295224 345870
September 2026 321305 290138 352472
October 2026 323339 302322 344356
November 2026 325566 308311 342820
December 2026 327808 308467 347148
Jerome Housing Market Forecast with Real Estate Prices for 2027
January 2027 330065 304980 355150
February 2027 332339 301763 362914
March 2027 334627 304176 365078
April 2027 336932 308967 364897
May 2027 339252 306345 372160
June 2027 338805 312717 364893
July 2027 337467 305070 369863
August 2027 336134 306554 365713
September 2027 334806 308691 360921
October 2027 333483 308139 358828
November 2027 332166 309911 354421
December 2027 330854 300085 361624
Jerome Housing Market Forecast with Real Estate Prices for 2028
January 2028 330156 307045 353267
February 2028 330723 308233 353212
March 2028 331944 304724 359163
April 2028 334230 310165 358294
May 2028 335640 318523 352758
June 2028 335899 306676 365122
July 2028 335228 309080 361376
August 2028 334949 303799 366099
September 2028 335903 309703 362103
October 2028 337192 317635 356750
November 2028 338298 311572 365023
December 2028 339632 321292 357972
Jerome Housing Market Forecast with Real Estate Prices for 2029
January 2029 341883 313165 370602
February 2029 344238 312568 375908
March 2029 346609 320613 372604
April 2029 348996 326660 371332
May 2029 351311 317585 385037
June 2029 353088 319191 386984
July 2029 354795 320380 389210
August 2029 356458 331862 381053
September 2029 357332 331247 383417
October 2029 359030 326358 391701
November 2029 361502 331859 391145
December 2029 363726 335719 391733
Jerome Housing Market Forecast with Real Estate Prices for 2030
January 2030 364478 340787 388169
February 2030 364921 337552 392290
March 2030 365716 340116 391316
April 2030 366896 341580 392212
May 2030 368323 336279 400367
June 2030 370860 348979 392740
July 2030 373414 340180 406648
August 2030 375986 338763 413208
September 2030 378575 353968 403182
October 2030 381182 353737 408627
November 2030 383808 349265 418350
December 2030 386451 358626 414275
Jerome Housing Market Forecast with Real Estate Prices for 2031
January 2031 389112 364987 413237
February 2031 391792 363975 419609
March 2031 394491 371610 417371
April 2031 397207 374169 420245
May 2031 398583 367892 429274
June 2031 399521 369158 429885
July 2031 400466 374035 426897
August 2031 403001 367537 438465
September 2031 405776 366010 445542
October 2031 408571 375068 442074
November 2031 411385 378474 444296
December 2031 414218 385637 442799
Jerome Housing Market Forecast with Real Estate Prices for 2032
January 2032 417071 385373 448768
February 2032 419943 380468 459418
March 2032 422835 393660 452011
April 2032 422277 390607 453948
May 2032 420609 399579 441640
June 2032 418948 390878 447018
July 2032 417293 381823 452763
August 2032 415645 379899 451390
September 2032 414003 387921 440085
October 2032 412368 374018 450718
November 2032 411498 381047 441949
December 2032 412204 377579 446829
Jerome Housing Market Forecast with Real Estate Prices for 2033
January 2033 413726 376491 450961
February 2033 416575 389498 443653
March 2033 418333 397416 439250
April 2033 418656 377628 459684
May 2033 417820 376873 458766
June 2033 417471 392423 442520
July 2033 418661 395634 441687

> 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.