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JEROME, MI 49249

Real Estate Market Report  ·  Hillsdale County
Seller's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The JEROME, MI real estate market (49249) currently shows 19 active listings, with 7 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 38 days on market compared to 68 days last year.

The median listing price has fallen 36% year-over-year, from $563,675 to $360,750.

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 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
19
⇩ 17.4% vs 23 last year
Pending
7
37% pending ratio
Median Price
$360,750
⇩ 36% vs $563,675 last year
Average Price
$419,409
⇩ 21.8% vs $536,626 last year
Days on Market
38
⇩ 44.1% vs 68 days last year

Price Per Square Foot

Median $/sqft
$204
⇩ 6% vs $217/sqft last year
Median Home Size
1,875 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 19 this year vs 23 last year
  • Days on market: 38 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $360,750 (-36% YoY)
  • Average: $419,409 (-21.8% 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 ($90,575,357 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49249Jerome, MI 492490.0 mi14$5,218,808$344,975$372,772
49262North Adams, MI 492624.3 mi2$669,000$334,500$334,500
49220Addison, MI 492206.2 mi8$3,379,952$467,900$422,494
49234Clarklake, MI 492348.2 mi6$2,860,398$309,900$476,733
49241Hanover, MI 492419.2 mi5$1,485,060$314,900$297,012
49242Hillsdale, MI 4924212.6 mi55$17,179,635$278,650$312,357
49230Brooklyn, MI 4923013.0 mi37$12,734,364$324,825$344,172
49247Hudson, MI 4924713.5 mi11$2,028,730$154,450$184,430
49203Jackson, MI 4920314.0 mi114$23,091,498$171,200$202,557
49265Onsted, MI 4926514.5 mi18$7,641,666$290,000$424,537
49252Litchfield, MI 4925216.0 mi4$1,629,764$412,425$407,441
49235Clayton, MI 4923516.6 mi3$989,850$329,950$329,950
49202Jackson, MI 4920217.1 mi82$11,666,632$146,175$142,276

Frequently Asked Questions

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

As of April 2026, there are 19 active listings in JEROME, MI (zip code 49249), compared to 23 the prior year.

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

The median listing price in JEROME, MI 49249 is $360,750 as of April 2026, a 36% decrease from $563,675 the prior year.

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

Homes in JEROME, MI 49249 spend an average of 38 days on the market before going under contract, compared to 68 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 April 2026, JEROME, MI 49249 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 38 days on market compared to 68 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 $7,215 compared to a typical 5% commission on the median listing price of $360,750. 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.