The housing market in Rome, GA Metro Area is doing exceptionally well. The median value for homes in the area is $187,000, which is significantly lower than the US House Median Value of $338,100. Over the last year, the US House Appreciation has been 8.27%, however houses in Rome have seen an increase of 16.59%. This demonstrates that there is a high demand for housing in this area and presents an exciting opportunity for potential homeowners or investors.
The median home cost in Rome Metro Area is $187,000. Home appreciation the last 10 years has been 175.0%. Home Appreciation in Rome Metro Area is up 25.8%.
Average Age of Homes
- The median age of Rome Metro Area real estate is 39 years old
The Rental Market in Rome Metro Area
- Renters make up 32.9% of the Rome Metro Area population
- 2.0% of houses and apartments in Rome Metro Area, 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.