Rome, IL Foreclosures
Current Market Conditions in in Rome, IL As of April 2026?
In the past month, the real estate market in Rome, IL has experienced a notable increase in activity. There has been a rise in home listings and showings, suggesting a favorable environment for buyers. Prices have remained stable, but there is an upward trend due to the growing interest and competitive offers on new listings. Many homes that were on the market have seen price reductions as sellers adjust to the shifting market conditions, providing opportunities for potential buyers.
How much do homes sell for in Rome, IL?
The average home price is currently $106,103.
In Rome, IL, how many homes are available?
There are currently 5 active home listings available in Rome.
What’s the average rental cost in Rome, IL?
The average rental price in Rome is $1,032.
What is the most expensive home in Rome?
The most expensive home sold in Rome had a price of $292,261.
What is currently the cheapest priced home in Rome, IL?
The cheapest home for sale in Rome is priced at $33,337.
Living in Rome, IL
Rome, IL is a charming small town known for its friendly community and beautiful parks. It offers a peaceful lifestyle with all essential amenities close by, making it an ideal place for families and retirees. The area is well-connected yet maintains its unique small-town charm.
Buyer vs Seller Market in Rome, IL
The real estate market in Rome, IL has shown resilience over the past year, with a steady demand for single-family homes. The current median home prices are reflecting a moderate increase, indicating a healthy market with potential for investment.
Trends indicate that more families are moving into the area, drawn by the affordability of homes and the quality of local schools. This is leading to an increase in property values, making it an attractive option for both first-time homebuyers and investors.
Home Value Estimator For Rome, IL
There are currently 67 real estate properties
in Rome, IL,
with a median automated valuation model (AVM) price
of $92,059.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Rome, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Rome, IL,
is $106,103.00, with the most expensive house
in Rome, IL, topping out
at $292,261.00 and the cheapest home
in Rome, IL,
clocking in at $33,337.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Rome, IL!
Rent Prices
In Rome, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Rome, IL, is on
a rollercoaster ride. The
average rent price in Rome, IL,
is $1,032.00. Indeed, when looking to rent in
Rome, IL, you can expect to pay as little
as $660.00 or as much
as $1,660.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Rome, IL
-- 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.
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