Commercial Real Estate Market in Jerome, AZ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
4 active listings and 86 off-market properties in Jerome, AZ.
Market Trends
Jerome, AZ spans 6.6 square miles in Yavapai County, Arizona. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Jerome, AZ runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Jerome, AZ runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Jerome, AZ runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Jerome, AZ runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Commercial 84%
- Residential 14.6%
- Industrial 1.5%
Largest Zones share of zoned land by district
Agricultural Residential
Single Family Residential
Single Family Residential
General Commercial
Light Industrial
Jerome, AZ zones 465 acres across 6 districts. Commercial zoning covers 84% of zoned land, residential 14.6% and industrial 1.5%. The largest single district is Agricultural Residential at 80.2%. For commercial buyers the practical constraint is that only 85.4% of land carries a commercial or industrial designation.
Agricultural Residential (AR)
SECTION 503. “AR” ZONE, AGRICULTURAL RESIDENTIAL A. PURPOSE This district is intended to promote and preserve low density residential development and noncommercial farming and agriculture. Land use is composed chiefly of individual homes, together with required recreational, religious, and educational facilities. B. PERMITTED USES 1. One (1) single-family dw…
Market overview
Demographics & Economy
Jerome, AZ has 515 residents in 367 households. Density runs 77 people per square mile. Median household income here is $37,031 and median gross rent $1,078 a month.
515
Population
367
Households
1.4
Avg Household Size
57
Median Age
28%
College-Educated
100%
High-School Grad
6.6 sq mi
ZIP Area
77
Density / Sq Mi
$37,031
Median Household Income
$23,060
Median Earnings
$1,078
Median Rent
$312,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Clarkdale | — | — |
| Prescott Valley | — | $18.12 |
Commercial property in Jerome, AZ asks $63/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Jerome?
Commercial property in Jerome, AZ asks an average of $63 per square foot.
What zoning applies to commercial property in Jerome?
Jerome, AZ zones 465 acres across 6 districts, of which 84% is commercial and 1.5% industrial. The largest single district is Agricultural Residential at 80.2% of zoned land. SECTION 503. “AR” ZONE, AGRICULTURAL RESIDENTIAL A. PURPOSE This district is intended to promote and preserve low density residential development and noncommercial farming and agriculture. Land use is composed chiefly of individual homes, together with required recreational, religious, and educational facilities. B. PERMITTED USES 1. One (1) single-family dw… Residential zoning covers 14.6% and open space 0%.
Where does Realmo's Jerome market data come from?
Realmo compiles Jerome, AZ figures from 2 recent recorded sales, 4 active sale listings, 86 tracked off-market properties, the current Jerome zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 0 active for-lease listings in Jerome, AZ. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 465 zoned acres across 6 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
