Home prices
The median home cost in Jerico Springs is $25,000. In comparison to the surrounding areas it is roughly $60,980 (70%) lower.Compared to the United States as a whole it is approximately $192,500 (88%) lower, and compared to the city of Springfield is approximately $93,100 (78%) lower.
Rents
In Jerico Springs the median rent is $617 a month. Compared to the surrounding areas this is about $26 (4%) higher.It is approximately $445 (41%) lower compared to the nation as a whole, and compared to the city of Springfield it is approximately $127 (17%) lower.
Nearby places
Stockton
Stockton is about 11 miles northeast of Jerico Springs. The housing prices there are significantly more expensive. The median home in Stockton is valued at $87,900, which is $62,900 (71%) higher than Jerico Springs. The rent there is similar. In Stockton the median rent is $608 a month, which works out to $9 (1%) lower than Jerico Springs.
Sheldon
Sheldon is approximately 13 miles west from Jerico Springs. Housing prices there are substantially more expensive. Sheldon's median home price is $48,200, which is $23,200 (48%) higher than Jerico Springs. Rent there is a bit less expensive. Sheldon's median monthly rent is $548, which comes out to $69 (12%) lower than Jerico Springs.
Lamar
Lamar is approximately 15 miles southwest of Jerico Springs. Its housing prices are substantially more expensive. The median home price in Lamar is $89,600, which comes out to $64,600 (72%) higher than Jerico Springs. Rents there are a little less expensive. Lamar's median rent is $561 a month, which comes out to $56 (9%) lower than Jerico Springs.
Lamar Heights
Lamar Heights is about 16 miles southwest from Jerico Springs. Its real estate prices are substantially more expensive. The median home price in Lamar Heights is $142,200, which works out to $117,200 (82%) higher than Jerico Springs. Its rents are somewhat more expensive. Lamar Heights's median monthly rent is $725, which works out to $108 (14%) higher than Jerico Springs.
Greenfield
Greenfield is roughly 16 miles southeast from Jerico Springs. Housing prices there are substantially more expensive. The cost of the median home in Greenfield is $62,000, which is $37,000 (59%) higher than Jerico Springs. Rent there is a bit less expensive. In Greenfield the median rent is $513 per month, which works out to $104 (20%) lower than Jerico Springs.