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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rome is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Rome was a Buyer'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, WI

How much do homes in Rome, WI cost?

Median Sold Price

$369,900

$232/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$73,900(+25.0%)

Key Takeaway

Homes in Rome have sold for 25% more than they did a month ago.

Summary: The median home sold price in Rome was $369,900 in March 2024, up 25% from last month, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $470K$230K
-51.1%
3 $270K$240K
-11.1%
4 -$440K
N/A
5+ -$468K
N/A

Summary: Rome housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 51.1%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Rome
+25.0%
Saratoga
0.5%
Big Flats
0.5%
Nekoosa
-1.9%

Housing Supply in Rome, WI

How many homes are available in Rome, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3036+20.0%

Summary: The Rome real estate market had 36 homes for sale in March 2024, a 20.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 57
+40.0%
3 1620
+25.0%
4 66
0.0%
5+ 33
0.0%

Summary: The Rome housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
39+200.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 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. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Rome in March 2024, up by 200.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.

Days on Market for Rome, WI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 15 Days Ago

Newest Listings in Rome, WI

Nearby Markets to Rome, WI

What housing markets are near Rome, WI?