Rome, OH Foreclosures
How much do homes sell for in Rome, OH?
The average home price is currently $253,981.
In Rome, OH, how many homes are available?
There are currently 7 active home listings available in Rome.
What’s the average rental cost in Rome, OH?
The average rental price in Rome is $1,154.
What is the most expensive home in Rome?
The most expensive home sold in Rome had a price of $1,326,212.
What is currently the cheapest priced home in Rome, OH?
The cheapest home for sale in Rome is priced at $17,310.
Living in Rome, OH
Rome, OH, is a charming village dedicated to a peaceful lifestyle surrounded by nature. It offers a close-knit community feel, with access to outdoor activities and local amenities. Perfect for those looking for a quiet, rural setting while remaining connected to neighboring urban centers.
Current Market Conditions in Rome, OH
The real estate market in Rome, OH, has shown a steady increase in home values over the past few years, driven by a growing interest in rural and semi-rural properties. Buyers are drawn to the affordability of homes compared to nearby urban areas, creating a competitive environment for listings. The inventory of homes remains limited, which is keeping prices relatively stable despite the growing demand.
Interest rates and economic factors continue to shape the market, but Rome appears to remain a resilient area in the broader real estate landscape of Ohio, witnessing an uptick in families and individuals searching for homes in a more tranquil environment.
Home Value Estimator For Rome, OH
There are currently 985 real estate properties
in Rome, OH,
with a median automated valuation model (AVM) price
of $228,074.00. 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, OH, 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, OH,
is $253,981.00, with the most expensive house
in Rome, OH, topping out
at $1,326,212.00 and the cheapest home
in Rome, OH,
clocking in at $17,310.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Rome, OH!
Rent Prices
In Rome, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Rome, OH, is on
a rollercoaster ride. The
average rent price in Rome, OH,
is $1,154.00. Indeed, when looking to rent in
Rome, OH, you can expect to pay as little
as $480.00 or as much
as $2,200.00,
with the average rent median estimated to
be $1,140.00. The good news is that finding
an affordable and desirable property to rent in Rome, OH
-- 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.
Learn more on Foreclosure homes
