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Jerome county courthouse 2009Photo: Larry D. Moore · CC BY 4.0
Housing in Jerome

156 homes sold in Jerome in the last year, at a typical $322K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Jerome homes are listed.

Homes sold
156
June 2025 to May 2026
Typical sale price
$322K
median, weighted by sales
Price per square foot
$231
Idaho $273
Paid vs. asking
98.4%
17% sold over asking
For sale now
52
May 2026 · 15 sold that month
What sold · last 12 months

Houses are 99% of Jerome’s sales, at a typical $321K

156 homes sold in the year to May 2026.

Houses$321K

typical sale · 155 sold in 12 months

Per square foot
$231ID $266
Days to sell
68
Sold over asking
17%
Listings with a price cut
33%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $540K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 2.7 times the 2016 price

156 sales in the last year, against 170 in 2015 and a low of 98 in 2012. The typical sale went from $118K in 2016 to $322K.

Homes soldTypical sale price
050100150200$100K$200K$300K$400K2012: 98 sold, typical $92K’122013: 114 sold, typical $101K2014: 123 sold, typical $106K’142015: 170 sold, typical $112K2016: 160 sold, typical $118K’162017: 164 sold, typical $131K2018: 165 sold, typical $144K’182019: 144 sold, typical $165K2020: 156 sold, typical $185K’202021: 151 sold, typical $246K2022: 120 sold, typical $287K’222023: 118 sold, typical $303K2024: 124 sold, typical $292K’242025: 145 sold, typical $322KLast 12 months: 156 sold, typical $322KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Jerome

Houseat $231 a sq ft
The same money in Idahoat $266 a sq ft

Is this asking price fair?

Check a listing against what Jerome homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Jerome are back to pre-pandemic levels, and more homes are for sale

We read every month of Jerome’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 156 sales.

If you’re buying in Jerome

  • Shop in August. It brings about 14 new listings a month, close to the busiest month, with fewer bidding wars (18% over asking).
  • Bid near asking. Buyers paid 98.4% of the list price on average; 17% paid over.
  • You’ll usually have time. Only 23% of homes go under contract within two weeks; the typical one takes 69 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

July has the most new listings (about 15 a month), but March is the most competitive: 26% of March sales close over asking. August and September offer nearly as much choice with fewer homes bid up (18%). November has the least competition (14%).

New listings a monthShare sold over asking
03.87.511.31513%27%40%Sweet spotJan: 9 new listings a month, 21% sold over asking, 117 days to sellJFeb: 10 new listings a month, 20% sold over asking, 123 days to sellFMar: 12 new listings a month, 26% sold over asking, 77 days to sellMApr: 14 new listings a month, 21% sold over asking, 75 days to sellAMay: 12 new listings a month, 20% sold over asking, 77 days to sellMJun: 13 new listings a month, 20% sold over asking, 120 days to sellJJul: 15 new listings a month, 24% sold over asking, 85 days to sellJAug: 14 new listings a month, 18% sold over asking, 76 days to sellASep: 13 new listings a month, 19% sold over asking, 82 days to sellSOct: 13 new listings a month, 21% sold over asking, 79 days to sellONov: 9 new listings a month, 14% sold over asking, 82 days to sellNDec: 6 new listings a month, 20% sold over asking, 75 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Idaho as a whole

Jerome now2017–192021 peakID now
Sold over askingShare of sales that closed above the list price17%16%33%13%
Gone within two weeksShare of homes under contract within 14 days23%1%41%29%
Listings with a price cutShare of homes for sale that cut their price33%—33%28%
Price paid vs. askingAverage sale price ÷ list price98.4%97.7%100.1%98.6%
Days to sellMedian days from listing to contract691003555
Supply

53 homes for sale on a typical day

That’s 3.2 times the 2021 low (17), 35% more than in 2017–19 and well under 2014’s 82.

2012: 64 for sale’122013: 70 for sale2014: 82 for sale2015: 68 for sale’152016: 58 for sale2017: 44 for sale2018: 38 for sale’182019: 35 for sale2020: 31 for sale2021: 17 for sale’212022: 21 for sale2023: 31 for sale2024: 30 for sale’242025: 47 for saleLast 12 months: 53 for saleNow
Room to negotiate

1 in 3 listings has cut its price

33% in the last year, against — in 2017–19 and 28% across Idaho.

2021: 33%’212022: 41%2023: 34%2024: 27%’242025: 32%Last 12 months: 33%Now
Across Idaho

Jerome ranks 11th of 40 busy Idaho markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Jerome is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Jerome home costs about $1,862 a month

Mortgage
Property tax
Insurance
Rent

Price: Jerome’s typical sale, last 12 months. Property tax at Jerome’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Jerome is affordable on local pay is on Cost of living.

Before you buy in Jerome

Six things worth knowing

15

New listings in July

The month with the most choice. December has the fewest, about 6.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $322K home, about $2,190 a year.

Taxes vs. neighbors
D

Schools

The schools grade for Jerome, from test results, graduation and how much students grow.

Schools in Jerome
22 min

Typical commute

The average one-way trip to work for people who live in Jerome.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Filer and Buhl sell for less a square foot

The busier markets within 25 miles of Jerome, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Twin Falls667$369K$23815%66
Jerome156$322K$23117%69
Kimberly122$420K$23412%73
Buhl83$297K$21317%288
Filer39$299K$22210%94

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Jerome, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Jerome. People who follow the town see it, and so do people comparing Jerome with their own town. No commission, no listing fee.

Questions about buying a home in Jerome

What do homes sell for in Jerome, ID?

156 homes sold in the year to May 2026 at a typical $322K, $231 a square foot.

Is Jerome a buyer’s or seller’s market?

A seller’s market: 52 homes were for sale in May 2026 and 15 sold, about 3.5 months of supply. Buyers paid 98.4% of asking on average, and 33% of listings cut their price.

When is the best time to buy in Jerome?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Jerome?

About 0.7% of a home’s value a year. On a $322K home that’s near $2,190.

Where can I see homes for sale in Jerome?

Zillow, Redfin, Realtor.com and Homes.com all carry Jerome’s MLS listings; the search links above open each one filtered to Jerome.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).