Home prices
The price of the median home in Jerome is $287,000. Compared to the surrounding areas it is about $64,480 (28%) higher.It is roughly $69,500 (31%) higher compared to the United States as a whole, and in comparison to the city of Phoenix is roughly $51,600 (21%) higher.
Rents
The median rent in Jerome is $844 per month. Compared to nearby areas it is about $161 (16%) lower.Compared to the United States as a whole it is approximately $218 (20%) lower, and it is about $209 (19%) lower in comparison to the city of Phoenix.
Nearby places
Clarkdale
Clarkdale is roughly 2 miles east of Jerome. Real estate prices there are somewhat less expensive. The value of the median home in Clarkdale is $227,900, which is $59,100 (25%) lower than Jerome. Rents there are somewhat more expensive. The median rent in Clarkdale is $938 a month, which is $94 (10%) higher than Jerome.
Cottonwood
Cottonwood is approximately 5 miles east from Jerome. Its housing prices are substantially less expensive. The median home in Cottonwood is valued at $189,400, which comes out to $97,600 (51%) lower than Jerome. Its rents are a little more expensive. In Cottonwood the median monthly rent is $933, which is $89 (9%) higher than Jerome.
Verde Village
Verde Village is approximately 6 miles southeast of Jerome. Housing prices there are significantly less expensive. The price of the median home in Verde Village is $208,800, which works out to $78,200 (37%) lower than Jerome. The rent there is a bit more expensive. Verde Village's median rent is $1,021 a month, which is $177 (17%) higher than Jerome.
Cornville
Cornville is approximately 9 miles east of Jerome. Its housing prices are a bit less expensive. The median home value in Cornville is $257,800, which is $29,200 (11%) lower than Jerome. Its rents are a little more expensive. Cornville's median rent is $1,140 per month, which comes out to $296 (25%) higher than Jerome.
Prescott Valley
Prescott Valley is approximately 15 miles southwest of Jerome. The housing prices there are somewhat less expensive. The median home in Prescott Valley costs $228,700, which comes out to $58,300 (25%) lower than Jerome. Its rents are a little more expensive. The median rent in Prescott Valley is $992 a month, which is $148 (14%) higher than Jerome.
