The housing market in Rome, MN is an attractive option for potential buyers. The median value of a home in the area is $183,700, which is much lower than the national median value of $338,100. Additionally, the 1 year house appreciation in Rome is 11.33%, higher than the 8.27% national average. This indicates that the housing market in Rome is relatively strong and could be a great investment opportunity for those looking to purchase property.
The median home cost in Rome is $183,700. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Rome is up 11.6%.
Average Age of Homes
- The median age of Rome real estate is 74 years old
The Rental Market in Rome
- Renters make up 5.7% of the Rome population
- 0.0% of houses and apartments in Rome, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.