$2,374 Closing Credit*
$199,900
960 SqFt
3 Beds
•2 Full Baths
Tyler Flisnik, Listing Office: Century 21 One Realty Partners
Is Rome, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
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, NY
How much do homes in Rome, NY cost?
Median Sold Price
$175,300
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,938(+6.7%)
Key Takeaway
Homes in Rome have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Rome was $175,300 in November 2024, up 6.7% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $106.7K | $83.7K | -21.5% |
| 2 Bedrooms | $132.7K | $150K | +13.0% |
| 3 Bedrooms | $157.9K | $184.7K | +17.0% |
| 4 Bedrooms | $222.5K | $195K | -12.4% |
| 5+ Bedrooms | $150K | $130K | -13.3% |
Summary: Rome housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.5%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 17%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes decreased by 13.3%.
Median Sold Price Compared To Nearby Cities
| Rome | $164.3K | $175.3K | +6.7% |
| Verona | $196.2K | $197.2K | 0.5% |
Housing Supply in Rome, NY
How many homes are available in Rome, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 174 | 148 | -14.9% |
Summary: The Rome real estate market had 148 homes for sale in November 2024, a 14.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 20 | 21 | +5.0% |
| 3 Bedrooms | 83 | 64 | -22.9% |
| 4 Bedrooms | 49 | 39 | -20.4% |
| 5+ Bedrooms | 21 | 22 | +4.8% |
Summary: The Rome housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 22.9%, 4 bedroom homes decreased by 20.4%, and 5+ bedroom homes increased by 4.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 27 | -34.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rome, you could pay more than the asking price. 51.9% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in Rome in November 2024, down by 34.1% month-over-month. Of the 27 sold homes, 33% were sold under asking, 15% were sold at asking, and 52% were sold over asking.
Days on Market for Rome, NY
How long does it take to sell a home in Rome, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 34 Days | +50.9% |
Summary: Homes in Rome had an average of 34 days on market in Nov 2024, up by 50.9% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rome are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 27 homes were sold in Rome; 70% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. 
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.