The Village of Jerome is gaining recognition for its robust and steady growth in the Springfield, Illinois metro area’s housing market. According to a recent analysis by Stacker, Jerome ranks among the top communities experiencing significant increases in home values.
📈 Jerome’s Housing Market Highlights
- 1-Year Home Value Increase: +$4,489 (+3.2%)
- 5-Year Home Value Increase: +$41,831 (+39.9%)
- Typical Home Value: $146,781
These figures reflect Jerome’s strong and consistent growth, positioning it as a desirable location within the region. Notably, Jerome’s 5-year appreciation rate surpasses that of Springfield, which saw a 5-year increase of +$28,755 (+22.8%) .
🏡 Why Jerome Stands Out
Jerome offers a unique blend of small-town charm and proximity to urban amenities. Its strategic location, coupled with community-focused initiatives, contributes to its appeal among homebuyers seeking both value and quality of life.
🔗 Learn More
For a detailed breakdown of the housing market trends in the Springfield metro area, including Jerome’s performance, you can read the full article here:
👉 Cities With the Fastest-Growing Home Prices in the Springfield, Illinois Metro Area
Jerome’s upward trajectory in home values underscores its status as a thriving community within the Springfield region. Whether you’re a current resident or considering making Jerome your home, the village’s growth reflects its enduring appeal.
