Foreclosure Homes in Rome, GA 30161

Current Market Conditions in Rome, GA

As of late 2023, the real estate market in Rome has been experiencing steady growth, making it an attractive area for both buyers and investors. Home prices have been on the rise due to increased demand, coupled with a limited supply of available homes. This trend is largely driven by the city's appeal as an affordable option compared to larger metropolitan areas nearby.

The current market also reflects a healthy mix of historic homes and new constructions, appealing to a broad range of buyers. Real estate analysts predict that this trend will continue as more individuals and families seek the balance of urban and rural lifestyles that Rome offers.

Rent Prices In Rome, GA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rome, GA, is on a rollercoaster ride. The average rent price in Rome, GA, is $1,314.00. Indeed, when looking to rent in Rome, GA, you can expect to pay as little as $540.00 or as much as $4,540.00, with the average rent median estimated to be $1,240.00. The good news is that finding an affordable and desirable property to rent in Rome, GA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.