71 homes sold in Jerome Township in the last year, at a typical $237K
Redfin reports Jerome Township’s sales by ZIP code, so these figures are for ZIP 48657, which takes in Jerome Township and the area around it. 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 Township homes are listed.
Every place Jerome Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Jerome Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 96% of Jerome Township’s sales, at a typical $238K
71 homes sold in the year to May 2026.
typical sale · 68 sold in 12 months
- Per square foot
- $157MI $172
- Days to sell
- 34
- Sold over asking
- 24%
More homes sell than most years, at twice the 2016 price
71 sales in the last year, against 71 in 2022 and a low of 11 in 2013. The typical sale went from $112K in 2016 to $237K.
Source: Redfin Data Center, MLS sales; for ZIP 48657, which takes in Jerome Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Jerome Township
Check a listing against what Jerome Township 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.
Bidding wars in Jerome Township are back to pre-pandemic levels, with about as many homes for sale
We read every month of home sales in ZIP 48657 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, 71 sales.
If you’re buying in Jerome Township
- Shop in May. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (31% over asking).
- Offer under asking. Buyers paid 95.9% of the list price on average; 23% paid over.
- You’ll usually have time. Only 39% of homes go under contract within two weeks; the typical one takes 35 days.
Summer brings the homes; fall brings the bidding wars
August has the most new listings (about 6 a month), but October is the most competitive: 38% of October sales close over asking. May and June offer nearly as much choice with fewer homes bid up (31%). March has the least competition (15%) but only about 3 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Michigan
| Jerome Township now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 23% | 23% | 38% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 39% | 5% | 47% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 95.9% | 97.4% | 98.2% | 98.4% |
| Days to sellMedian days from listing to contract | 35 | 76 | 42 | 33 |
12 homes for sale on a typical day
That’s twice the 2023 low (6), about the 2017–19 level and well under 2020’s 18.
Source: Redfin Data Center, ZIP code tracker; for ZIP 48657, which takes in Jerome Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Jerome Township home costs about $1,533 a month
Price: Jerome Township’s typical sale, last 12 months. Property tax at Jerome Township’s 1.5% (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 Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in August
The month with the most choice. February has the fewest, about 3.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $237K home, about $3,550 a year.
Taxes vs. neighborsSchools
The schools grade for Jerome Township, from test results, graduation and how much students grow.
Schools in Jerome TownshipTypical commute
The average one-way trip to work for people who live in Jerome Township.
Work & commuteCheck 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 hazardsLook 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.
Coleman, Shepherd and Mount Pleasant sell for less a square foot
The busier markets within 25 miles of Jerome Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Midland | 271 | $255K | $151 | 34% | 21 |
| Mount Pleasant | 228 | $194K | $141 | 21% | 63 |
| Freeland | 104 | $331K | $168 | 24% | 22 |
| Jerome Township (ZIP 48657) | 71 | $237K | $155 | 23% | 35 |
| Shepherd | 28 | $174K | $120 | 18% | 55 |
| Coleman | 20 | $144K | $115 | 45% | 51 |
| Auburn | 20 | $252K | $152 | 50% | 43 |
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.
Post your home to Jerome Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Jerome Township. People who follow the town see it, and so do people comparing Jerome Township with their own town. No commission, no listing fee.
Questions about buying a home in Jerome Township
What do homes sell for in Jerome Township, MI?
71 homes sold in the year to May 2026 at a typical $237K, $155 a square foot.
Is Jerome Township a buyer’s or seller’s market?
A seller’s market: 13 homes were for sale in May 2026 and 3 sold, about 3.5 months of supply. Buyers paid 95.9% of asking on average.
When is the best time to buy in Jerome Township?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Jerome Township?
About 1.5% of a home’s value a year. On a $237K home that’s near $3,550.
Where can I see homes for sale in Jerome Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Jerome Township’s MLS listings; the search links above open each one filtered to Jerome Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 48657, which takes in Jerome Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). 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).