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Jerome, AR Home Values and Rents
The median home value in Jerome is Under $10,000.
- Median home value
- Under $10,000
- ACS 2020-2024
- Price change, 1 year
- +10.3%
- County index, 2025
- Homeownership
- 92.9%
- AR: 66.4%
Drew County home price trend
FHFA annual House Price Index for Drew County, 2000 = 100, compared with Arkansas
Show as a table
| Period | Drew County |
|---|---|
| 2025 | 220 |
| 2024 | 199 |
| 2023 | 200 |
| 2022 | 182 |
| 2021 | 170 |
| 2020 | 159 |
| 2019 | 155 |
| 2018 | 149 |
| 2017 | 144 |
| 2016 | 146 |
| 2015 | 140 |
| 2014 | 132 |
| 2013 | 135 |
| 2012 | 131 |
| 2011 | 127 |
Over five years, Drew County prices changed +38.6%, compared with +37.9% for Arkansas.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
Fair Market Rents, FY2027
HUD rent standard for Drew County, AR
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $646 | -2.7% |
| 1 bedroom | $695 | -1.6% |
| 2 bedrooms | $909 | -1.9% |
| 3 bedrooms | $1,190 | -2.8% |
| 4 bedrooms | $1,195 | -2.6% |
Frequently asked questions
- What is the median home value in Jerome, AR?
- The median home value in Jerome is Under $10,000, based on the American Community Survey 2020-2024 5-year estimates. The Arkansas median is $188,000.
- Are home prices going up in Jerome?
- Home prices in Drew County changed +10.3% over one year and +38.6% over five years, as of 2025.