Rome, NY Foreclosures
How much do homes sell for in Rome, NY?
The average home price is currently $195,061.
In Rome, NY, how many homes are available?
There are currently 84 active home listings available in Rome.
What’s the average rental cost in Rome, NY?
The average rental price in Rome is $1,272.
What is the most expensive home in Rome?
The most expensive home sold in Rome had a price of $2,997,000.
What is currently the cheapest priced home in Rome, NY?
The cheapest home for sale in Rome is priced at $15,018.
Living in Rome, NY
Rome, NY, is a picturesque city with a rich history, situated in the beautiful surroundings of Oneida County. The city provides a warm community atmosphere, excellent schooling options, and an abundance of recreational activities. With its strategic location, residents can easily access both idyllic natural landscapes and complimentary urban amenities.
Current Market Conditions in Rome, NY
The real estate market in Rome, NY, has witnessed a steady growth over the past year, with home prices appreciating due to increased demand and limited inventory. This trend is attracting both first-time homebuyers seeking affordability and investors looking for rental opportunities.
Additionally, the city's appealing lifestyle, family-friendly environment, and access to outdoor activities are contributing to the desirability of the area's residential offerings. As a result, sellers are often receiving multiple offers on homes, further driving up prices.
Home Value Estimator For Rome, NY
There are currently 11,537 real estate properties
in Rome, NY,
with a median automated valuation model (AVM) price
of $175,941.00. 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, NY, 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, NY,
is $195,061.00, with the most expensive house
in Rome, NY, topping out
at $2,997,000.00 and the cheapest home
in Rome, NY,
clocking in at $15,018.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Rome, NY!
Rent Prices
In Rome, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Rome, NY, is on
a rollercoaster ride. The
average rent price in Rome, NY,
is $1,272.00. Indeed, when looking to rent in
Rome, NY, you can expect to pay as little
as $640.00 or as much
as $5,090.00,
with the average rent median estimated to
be $1,280.00. The good news is that finding
an affordable and desirable property to rent in Rome, NY
-- 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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