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 23 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, combines a quaint small-town atmosphere with modern amenities. This city is rich in history and offers a variety of outdoor activities, shopping, and dining options. Families will appreciate the strong educational offerings and community-focused events.
Current Market Conditions in Rome, NY
The real estate market in Rome, NY, is currently favorable for buyers, with a steady inventory of homes available. Prices have remained relatively stable, and interest rates are attracting new buyers to the market, creating a combination of opportunities and competition.
As of late 2023, the market is showing signs of increased demand, particularly for single-family homes and affordable starter homes, due to the low supply and rising prices regionally. Additionally, many properties are drawing attention due to their proximity to local amenities and parks, making them desirable options for families.
Investors are also taking notice, as rental demand is rising due to a growing population and a shifting economic landscape. Overall, Rome offers a promising market for both buyers and investors alike.
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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