Rome, GA Home Values & Market Trends

Real estate market trends reflect that there have been 1,234 transactions over the past year in Rome. The median value for residential home transactions that occurred over the previous year is $203,874.89. The number of current listings in Rome is 185, and the percentage of properties for sale in the city is 185.00%. Rome, GA currently has 25 properties in foreclosure, 1 bank owned properties, 24 properties headed for auction, and 185 properties for sale.

Rome, GA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
30161

$ 253,107

$ 133/sqft

30165

$ 275,000

$ 147/sqft

Housing Market Summary for Rome, GA

Apr 2023March 2024Change
Median Listing Price$265.4K$202.1K-23.86%
Median Sold Price$180.5K$202.1K11.96%
Homes For Sale15617914.74%
Homes Sold548418-23.72%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Rome, GA

Rome home values range from $17,698 to $41,424,056. The median estimated value of a home in Rome is $203,874.89. The median list price of a home is 274,500, and the total count of properties in the city is 25,506.

Foreclosure
There are 2 zips within Rome, GA; within these zips, the median estimated home value for homes in foreclosure ranges from $357,722 in 30161 to the lowest value of $70,780 in 30161. Foreclosure homes account for 0.00% of properties in Rome, GA with 30165 containing 13 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Rome, GA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Rome, GA; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Rome, GA ranges from the highest value of $113,040 in 30161 to the lowest value of $113,040 in 30161. Bank owned homes and properties account for 0.00% of properties in Rome, GA. There are 2 zips within Rome, GA; 30161 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    30165 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Rome, GA. Auction homes and other auction properties account for 0.09% of all properties in Rome, GA. There are 2 zips within Rome, GA; of those zips, the median estimated home value for homes going to auction ranges from $357,722 in 30165 to the lowest value of $70,780 in 30165.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.73% of residential properties in Rome, GA with 30161 containing 99 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Rome, GA; homes for sale in those zips, have a range of median values from $1,200,000 in 30165 to the lowest value of $29,993 in 30161.
    Sold Homes
    The median value for recently sold homes ranges from $950,950 in 30165 to the lowest price of $20,934 in 30165. There are 2 zips within Rome, GA. 30161 has 268 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.91% of properties in Rome, GA.

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      Guide for Rome, GA

      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports
      Atlanta Real Estate Market Snapshot – March 2024
      Home Buying Guides & Tips
      Georgia Foreclosure Laws
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      See More Articles
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Atlanta Real Estate Market Snapshot – March 2024
      Market Reports|posted 28 March 2024

      The Atlanta real estate market, with values and inventory levels fluctuating, continues to evolve based on numerous factors. Detailed data, including average property value, per square foot value, and property counts, outlines these trends, enabling buyers, sellers, and investors to understand and navigate the market effectively.

      Georgia Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Georgia foreclosure laws and processes are important to know for real estate investors. Get all the information on GA foreclosure timelines and laws here

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.