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Home values, rents and more in Jerome, IL

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$162,000
Metro: $201,000 · U.S.: $366,000
Home values, past year
+7.2%
Metro: +7.4% · U.S.: +1.2%
Population
1,807
ACS 2020–24
Median household income
$65,189
Metro: $75,895 · U.S.: $80,734
ZIP codes around Jerome, IL, shaded by typical home valueJerome62704
  • Under $140k
  • $140k–$170k
  • $170k–$230k
  • $230k–$300k
  • $300k+
  • No data
ZIP codes around Jerome, IL, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Jerome is outlined.

How Jerome compares

The typical home in Jerome, IL is worth about $162,000, according to the Zillow Home Value Index for September 2026. Home values in Jerome are 19% below the typical value in the Springfield metro area ($201,000) and 56% below the U.S. typical value ($366,000).

Over the past year, home values in Jerome rose 7.2%, compared with +7.4% in the Springfield metro area and +1.2% nationally.

The median household income is $65,189, against $75,895 in the Springfield metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 1,807 people live in Jerome (American Community Survey 2020–24).

Jerome has the 6th-lowest typical home value of the 25 cities in the Springfield metro area and the 369th-lowest of 1,005 in Illinois with Zillow figures.

Part of: Sangamon County, IL · Springfield metro area · Illinois

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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