Is Rome, GA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Rome is a seller's market


Difference Since November 2022

Since last year, Rome has remained a Seller's Market.

Key Takeaway

Rome is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Rome, GA

How much do homes in Rome, GA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Rome have sold for 21.5% more than they did a year ago.

Summary: The median home sold price in Rome was $233,450 in November 2023, up 21.5% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $155K$77K
2 $102.5K$155K
3 $185K$215.2K
4 $295K$334.5K
5+ $395.9K$465K

Summary: Rome housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 50.3%, 2 bedroom homes increased by 51.2%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 17.5%.

Median Sold Price Compared To Nearby Cities


Housing Supply in Rome, GA

How many homes are available in Rome, GA?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Rome real estate market had 350 homes for sale in November 2023, a 0.9% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 43
2 6064
3 165170
4 8482
5+ 3431

Summary: The Rome housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 8.8%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

43 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rome, you may be able to get a good deal. 64.2% of homes here sold below asking price last month.

Summary: A total of 70 homes were sold or pending in Rome in November 2023, down by 17.6% month-over-month. Of the 67 sold homes, 64% were sold under asking, 19% were sold at asking, and 16% were sold over asking.

Days on Market for Rome, GA

How long does it take to sell a home in Rome, GA?

Average Sale Time

Nov 2022Nov 2023CHANGE
34 Days30 Days-9.9%

Summary: Homes in Rome had an average of 30 days on market in Nov 2023, down by 9.9% compared to last year.

Breakdown of Home Sale Times

48 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rome are selling fast, if you're buying plan to act quickly.

Summary: During November 2023, 70 homes were sold in Rome; 69% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Rome, GA

Nearby Markets to Rome, GA

What housing markets are near Rome, GA?