Is Jerome, MO 65529 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Jerome is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list—Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market—Listing to accepted offer
Median price per sq ft—

The Jerome housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

Nearby markets

Edgar Springs 65462Buyer’s market $116 /sq ftNewburg 65550Balanced $158 /sq ftRolla 65401Seller’s market $138 /sq ftSaint James 65559Balanced $140 /sq ft Browse all markets →

Where Jerome is

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Questions about Jerome real estate

What are property taxes in Jerome?

About 0.64% of a home’s value a year in Phelps County, or roughly $2,560 on a $400,000 home.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology