Call or Text (240) SELL-123

JEROME, AZ 86331

Real Estate Market Report  ·  Yavapai County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The JEROME, AZ real estate market (86331) currently shows 2 active listings, with 2 pending sales. Homes are averaging 117 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 117 days on market compared to 113 days last year.

The median listing price has fallen 30.3% year-over-year, from $699,000 to $487,250.

Whether you are buying or selling in JEROME, AZ, 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, AZ 86331 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 363  ·  Density: 21.1/mi²  ·  Median household income: $35,208

Typical home value: $284,748  ·  Homeownership: 53.9%

Market Overview

Active Listings
2
⇩ 50% vs 4 last year
Pending
2
100% pending ratio
Median Price
$487,250
⇩ 30.3% vs $699,000 last year
Average Price
$487,250
⇩ 28.6% vs $682,750 last year
Days on Market
117
⇧ 3.5% vs 113 days last year

Price Per Square Foot

Median $/sqft
$284
⇧ 10.9% vs $256/sqft last year
Median Home Size
1,824 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 4 last year
  • Days on market: 117 now vs 113 last year

Median & Average Pricing

Year over Year
  • Median: $487,250 (-30.3% YoY)
  • Average: $487,250 (-28.6% 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 41.7 miles — 1,159 listings ($1,190,913,635 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
86331Jerome, AZ 863310.0 mi2$897,000$448,500$448,500
86326Cottonwood, AZ 863267.2 mi113$67,074,088$480,000$593,576
86325Cornville, AZ 8632512.5 mi45$39,660,030$598,375$881,334
86323Chino Valley, AZ 8632316.3 mi87$53,103,147$569,900$610,381
86336Sedona, AZ 8633617.5 mi132$328,982,148$1,497,000$2,492,289
86301Prescott, AZ 8630120.9 mi189$137,464,614$649,448$727,326
86303Prescott, AZ 8630325.8 mi184$155,758,944$687,574$846,516
86322Camp Verde, AZ 8632226.5 mi52$41,890,992$610,000$805,596
86017Munds Park, AZ 8601728.1 mi34$25,908,952$594,499$762,028
86018Parks, AZ 8601834.8 mi4$3,077,300$628,650$769,325
86305Prescott, AZ 8630536.1 mi292$327,578,740$959,174$1,121,845
86038Mormon Lake, AZ 8603836.8 mi5$2,875,000$550,000$575,000
86343Crown King, AZ 8634341.7 mi20$6,642,680$320,500$332,134

Frequently Asked Questions

How many homes are for sale in JEROME, AZ 86331?

As of March 2026, there are 2 active listings in JEROME, AZ (zip code 86331), compared to 4 the prior year.

What is the median home price in JEROME, AZ 86331?

The median listing price in JEROME, AZ 86331 is $487,250 as of March 2026, a 30.3% decrease from $699,000 the prior year.

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

Homes in JEROME, AZ 86331 spend an average of 117 days on the market before going under contract, compared to 113 days the prior year.

Is it a seller's or buyer's market in JEROME, AZ 86331?

Based on current inventory and days-on-market data as of March 2026, JEROME, AZ 86331 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 117 days on market compared to 113 days last year.

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

With SELL123.com's maximum 3% commission, sellers in JEROME, AZ 86331 save an estimated $9,745 compared to a typical 5% commission on the median listing price of $487,250. 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.