Rome, NY Foreclosures
How much do homes sell for in Rome, NY?
The average home price is currently $221,221.
In Rome, NY, how many homes are available?
There are currently 22 active home listings available in Rome.
What’s the average rental cost in Rome, NY?
The average rental price in Rome is $1,270.
What is the most expensive home in Rome?
The most expensive home sold in Rome had a price of $24,560,327.
What is currently the cheapest priced home in Rome, NY?
The cheapest home for sale in Rome is priced at $10,263.
Living in Rome, NY
Rome, NY, is a historical city that combines small-town charm with modern amenities. Located in the beautiful Mohawk Valley, it offers a rich community lifestyle, ample outdoor activities, and excellent educational institutions. This area is perfect for families and individuals looking to enjoy both nature and culture.
Current Market Conditions in Rome, NY
The current real estate market in Rome, NY, shows a steady demand for housing, attributed to the city's appealing living conditions and relatively affordable property prices compared to larger urban areas. New home constructions are emerging to meet the growing demand, with a mix of single-family homes, townhouses, and apartments available for potential buyers.
In the past year, Rome's real estate market has benefitted from low mortgage rates and a shift in buyer preferences toward suburban living. Many city dwellers are looking for homes in less crowded areas, increasing interest in Rome as a desirable location.
Home Value Estimator For Rome, NY
There are currently 15,890 real estate properties
in Rome, NY,
with a median automated valuation model (AVM) price
of $192,478.00. 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 $221,221.00, with the most expensive house
in Rome, NY, topping out
at $24,560,327.00 and the cheapest home
in Rome, NY,
clocking in at $10,263.00. 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 $1,270.00. 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 $1,270.00. 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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