Call or Text (240) SELL-123

JEROME, MI 49249

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The JEROME, MI real estate market (49249) currently shows 14 active listings, with 4 pending sales. Homes are averaging 121 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 121 days on market compared to 78 days last year.

The median listing price has fallen 1% year-over-year, from $348,450 to $344,975.

Whether you are buying or selling in JEROME, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for JEROME, MI 49249 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 3,350  ·  Density: 44.0/mi²  ·  Median household income: $69,973

Typical home value: $212,163  ·  Homeownership: 90.1%

Market Overview

Active Listings
14
⇩ 6.7% vs 15 last year
Pending
4
29% pending ratio
Median Price
$344,975
⇩ 1% vs $348,450 last year
Average Price
$372,772
⇩ 13.9% vs $433,133 last year
Days on Market
121
⇧ 55.1% vs 78 days last year

Price Per Square Foot

Median $/sqft
$185
⇧ 7.6% vs $172/sqft last year
Median Home Size
1,860 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 15 last year
  • Days on market: 121 now vs 78 last year

Median & Average Pricing

Year over Year
  • Median: $344,975 (-1% YoY)
  • Average: $372,772 (-13.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.1 miles — 359 listings ($95,117,672 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49249Jerome, MI 492490.0 mi19$6,685,834$338,950$351,886
49262North Adams, MI 492624.3 mi1$370,000$370,000$370,000
49220Addison, MI 492206.2 mi11$4,124,527$435,900$374,957
49234Clarklake, MI 492348.2 mi7$3,191,650$310,000$455,950
49241Hanover, MI 492419.2 mi4$1,233,464$347,500$308,366
49242Hillsdale, MI 4924212.6 mi61$20,401,572$285,000$334,452
49230Brooklyn, MI 4923013.0 mi37$13,789,604$319,900$372,692
49247Hudson, MI 4924713.5 mi9$1,711,917$170,950$190,213
49203Jackson, MI 4920314.0 mi102$21,912,966$179,000$214,833
49265Onsted, MI 4926514.5 mi18$7,558,092$319,450$419,894
49252Litchfield, MI 4925216.0 mi8$2,359,520$349,999$294,940
49235Clayton, MI 4923516.6 mi6$1,567,014$227,438$261,169
49202Jackson, MI 4920217.1 mi76$10,211,512$132,450$134,362

Frequently Asked Questions

How many homes are for sale in JEROME, MI 49249?

As of February 2026, there are 14 active listings in JEROME, MI (zip code 49249), compared to 15 the prior year.

What is the median home price in JEROME, MI 49249?

The median listing price in JEROME, MI 49249 is $344,975 as of February 2026, a 1% decrease from $348,450 the prior year.

How long do homes stay on the market in JEROME, MI?

Homes in JEROME, MI 49249 spend an average of 121 days on the market before going under contract, compared to 78 days the prior year.

Is it a seller's or buyer's market in JEROME, MI 49249?

Based on current inventory and days-on-market data as of February 2026, JEROME, MI 49249 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 121 days on market compared to 78 days last year.

How much can I save on real estate commission in JEROME, MI?

With SELL123.com's maximum 3% commission, sellers in JEROME, MI 49249 save an estimated $6,900 compared to a typical 5% commission on the median listing price of $344,975. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.