The median home in Jerome, Illinois is valued at $155,370, up 4.6% year over year. Jerome is part of the Springfield, IL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$155,370

+4.6%

Prices rising — worse for buyers.

Affordability

Enter your income for Jerome.

Income (annual)

Down Payment

$31,074 on $155,370

Example: $75,000 household income. Change it above to see your own.

Affordable19.6% of income

Under the 28% guideline.

PITI$1,224

P/I19.6%

Afford$222K

Room+$67K

P&I $786Tax $289Ins $150

6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare Jerome with other housing markets across Illinois.

Kenilworth$1.93M Winnetka$1.73M Glencoe$1.51M Bannockburn$1.22M Golf$1.19M Hinsdale$1.18M Lake Forest$1.14M South Barrington$1.08M

Full Springfield, IL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Springfield, IL metro.

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Jerome, IL