Rome, IN Foreclosures
How much do homes sell for in Rome, IN?
The average home price is currently $207,635.
What’s the average rental cost in Rome, IN?
The average rental price in Rome is $980.
What is the most expensive home in Rome?
The most expensive home sold in Rome had a price of $574,588.
What is currently the cheapest priced home in Rome, IN?
The cheapest home for sale in Rome is priced at $64,593.
Living in Rome, IN
Rome, IN is a small, welcoming community surrounded by stunning rural landscapes. With a strong focus on outdoor lifestyles and a friendly atmosphere, it’s perfect for those looking for a tranquil place to call home. Local amenities and recreational activities make it a great choice for families and nature lovers.
Current Market Conditions in Rome, IN
The real estate market in Rome, IN, has shown steady growth in the past year, with increasing interest from buyers seeking affordable rural properties. Homes in the area typically reflect a charming country style while maintaining modern conveniences, appealing to a diverse range of homebuyers.
As of late 2023, the market remains competitive with a notable increase in home values, primarily driven by demand for spacious properties with land. Investors and families looking for a quiet lifestyle away from urban centers are actively exploring opportunities in Rome.
Home Value Estimator For Rome, IN
There are currently 65 real estate properties
in Rome, IN,
with a median automated valuation model (AVM) price
of $194,153.00. 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, IN, 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, IN,
is $207,635.00, with the most expensive house
in Rome, IN, topping out
at $574,588.00 and the cheapest home
in Rome, IN,
clocking in at $64,593.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Rome, IN!
Rent Prices
In Rome, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Rome, IN, is on
a rollercoaster ride. The
average rent price in Rome, IN,
is $980.00. Indeed, when looking to rent in
Rome, IN, you can expect to pay as little
as $610.00 or as much
as $1,430.00,
with the average rent median estimated to
be $990.00. The good news is that finding
an affordable and desirable property to rent in Rome, IN
-- 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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