The housing market in Rome, IA is quite affordable compared to the national average. The median value of a home in Rome is $63,900, while the US median value is nearly five times higher at $338,100. In the last year there has been an 8.27% appreciation nationally and a 11.61% appreciation rate in Rome. This strong appreciation in Rome's housing market makes it an attractive place for potential buyers looking for a good deal on their next home.
The median home cost in Rome is $63,900. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Rome is up 15.1%.
Average Age of Homes
- The median age of Rome real estate is 29 years old
The Rental Market in Rome
- Renters make up 54.8% 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.