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JEROME, MI 49249

Real Estate Market Report  ·  Hillsdale County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
19
⇧ 35.7% vs 14 last year
Pending
7
37% pending ratio
Median Price
$338,950
⇩ 12.8% vs $388,900 last year
Average Price
$351,886
⇩ 20.7% vs $443,723 last year
Days on Market
80
⇧ 27% vs 63 days last year

Market Context

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

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

Market Analysis

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

The JEROME, MI real estate market (49249) currently shows 19 active listings, with 7 pending sales. Homes are averaging 80 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 80 days on market compared to 63 days last year.

The median listing price has fallen 12.8% year-over-year, from $388,900 to $338,950.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 19 this year vs 14 last year
  • Days on market: 80 now vs 63 last year

Median & Average Pricing

Year over Year
  • Median: $338,950 (-12.8% YoY)
  • Average: $351,886 (-20.7% 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

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 January 2026, there are 19 active listings in JEROME, MI (zip code 49249), compared to 14 the prior year.

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

The median listing price in JEROME, MI 49249 is $338,950 as of January 2026, a 12.8% decrease from $388,900 the prior year.

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

Homes in JEROME, MI 49249 spend an average of 80 days on the market before going under contract, compared to 63 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 January 2026, JEROME, MI 49249 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 80 days on market compared to 63 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 $6,779 compared to a typical 5% commission on the median listing price of $338,950. 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.