The city of Jerome, MI has an estimated median housing value of $267,500. This is significantly lower than the national median housing value of $338,100. However, over the past year the value of homes in Jerome have appreciated by 9.09%, which is slightly higher than the national appreciation rate for homes of 8.27%. As a result, investors looking for a good return on their investment may want to consider investing in Jerome real estate.
The median home cost in Jerome (zip 49249) is $267,500. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Jerome (zip 49249) is up 16.2%.
Average Age of Homes
- The median age of Jerome (zip 49249) real estate is 38 years old
The Rental Market in Jerome (zip 49249)
- Renters make up 8.3% of the Jerome (zip 49249) population
- 0.0% of houses and apartments in Jerome (zip 49249), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.