The housing market in Rome borough, PA is vibrant, with a median value of $138,900. This is slightly below the US house median value of $338,100, however the 1 year house appreciation rate in Rome borough is 10.35%, higher than the US average of 8.27%. Despite the lower median value, the appreciation rate speaks to a stronger housing market in Rome borough and suggests that it may be a great place to purchase a home in order to benefit from increased equity over time.
The median home cost in Rome is $138,900. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Rome is up 14.3%.
Average Age of Homes
- The median age of Rome real estate is 51 years old
The Rental Market in Rome
- Renters make up 24.9% 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.