Rome, IN Foreclosures
How much do homes sell for in Rome, IN?
The average home price is currently $215,541.
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 $596,149.
What is currently the cheapest priced home in Rome, IN?
The cheapest home for sale in Rome is priced at $59,093.
Living in Rome, IN
Nestled in northern Indiana, Rome offers a charming small-town atmosphere with close-knit community ties. The area features scenic landscapes and convenient access to local amenities, making it perfect for families and individuals who appreciate a peaceful lifestyle. Outdoor enthusiasts will enjoy various recreational activities in nearby parks and lakes, enhancing the serene living experience.
Current Market Conditions in Rome, IN
Currently, the real estate market in Rome, IN, is experiencing a stable trend with a slight increase in demand. Many prospective buyers are attracted to the area for its affordability and the quality of life it offers. The small-town charm and community spirit create a welcoming environment that has become increasingly appealing.
As the market develops, more homes are being listed, providing potential buyers with a variety of options. Although inventory remains relatively low, particularly for affordable homes, the interest in the neighborhood continues to grow, indicating a positive trajectory for home values in this region.
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 $193,973.00. 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 $215,541.00, with the most expensive house
in Rome, IN, topping out
at $596,149.00 and the cheapest home
in Rome, IN,
clocking in at $59,093.00. 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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