Current Price

$272,598

1 Month Forecast

â–² $297,499

1-Year Forecast *

â–² $316,303

5-Year Forecast *

â–² $366,812

"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 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Jerome" area is 366,812 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +34.56% meaning that investing 100000 USD today may yield a profit of 34,562 USD by 2031.

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: 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: $316,303* (upside of 16.0%)

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 $114,555 $117,442 $114,555 $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 316,303 USD in one year.

Is it profitable to invest in Jerome homes?

Yes. The long-term profit potential is +16.03% 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 348,190 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 430,313 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 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 6.782% to 272,598 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 16.113% in 2021
  • 14.113% in 2022
  • 17.203% in 2023
  • 15.603% in 2024
  • 14.223% in 2025
  • 16.863% in 2026

Based on our Jerome real estate market research and report the predicted sales prices will increase by 342.395% in the next 10 years.

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

Jerome (Michigan) 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 297499 282326 312671
September 2025 299495 274637 324353
October 2025 301504 281303 321705
November 2025 303527 278031 329024
December 2025 305564 279285 331842
Jerome Housing Market Forecast with Real Estate Prices for 2026
January 2026 306622 276880 336364
February 2026 307344 286752 327936
March 2026 308071 282809 333332
April 2026 310020 291729 328312
May 2026 312101 283075 341126
June 2026 314195 293772 334617
July 2026 316303 293529 339077
August 2026 318425 290404 346447
September 2026 320562 292352 348771
October 2026 322713 291087 354338
November 2026 324878 294989 354767
December 2026 324449 307253 341645
Jerome Housing Market Forecast with Real Estate Prices for 2027
January 2027 323085 302407 343762
February 2027 321726 290840 352612
March 2027 320373 302112 338634
April 2027 319025 293822 344228
May 2027 317684 298305 337062
June 2027 316348 295469 337227
July 2027 315680 293267 338094
August 2027 316222 297248 335195
September 2027 317389 298981 335798
October 2027 319519 299709 339329
November 2027 320867 303540 338194
December 2027 321115 293820 348410
Jerome Housing Market Forecast with Real Estate Prices for 2028
January 2028 320473 288747 352200
February 2028 320206 293629 346783
March 2028 321119 297998 344239
April 2028 322351 297853 346850
May 2028 323408 299799 347017
June 2028 324683 302280 347086
July 2028 326836 299708 353963
August 2028 329029 298758 359299
September 2028 331236 313018 349454
October 2028 333459 301780 365137
November 2028 335671 309153 362189
December 2028 337369 309030 365708
Jerome Housing Market Forecast with Real Estate Prices for 2029
January 2029 338999 305438 372560
February 2029 340589 317088 364089
March 2029 341424 315475 367372
April 2029 343046 311143 374949
May 2029 345347 313921 376774
June 2029 347472 322801 372142
July 2029 348190 327647 368734
August 2029 348613 327348 369879
September 2029 349373 322821 375925
October 2029 350500 316852 384149
November 2029 351864 331104 372623
December 2029 354224 331200 377249
Jerome Housing Market Forecast with Real Estate Prices for 2030
January 2030 356601 321654 391548
February 2030 358994 340685 377303
March 2030 361403 325624 397181
April 2030 363827 338723 388932
May 2030 365087 330039 400136
June 2030 365947 330816 401078
July 2030 366812 331965 401659
August 2030 369134 345140 393128
September 2030 371611 337051 406171
October 2030 374104 347917 400291
November 2030 376614 344979 408250
December 2030 379141 357151 401131
Jerome Housing Market Forecast with Real Estate Prices for 2031
January 2031 381685 346188 417182
February 2031 384246 354275 414217
March 2031 386824 361681 411968
April 2031 386314 347682 424945
May 2031 384689 357761 411617
June 2031 383071 350127 416015
July 2031 381460 358573 404348
August 2031 379856 344149 415562
September 2031 378258 342324 414193
October 2031 376668 344651 408684
November 2031 375873 338662 413084
December 2031 376518 354680 398356
Jerome Housing Market Forecast with Real Estate Prices for 2032
January 2032 377908 342385 413431
February 2032 380444 352291 408597
March 2032 382049 360654 403444
April 2032 382344 348315 416372
May 2032 381580 356396 406764
June 2032 381262 354574 407950
July 2032 382348 363231 401466

> 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.