Is Rome, PA 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 December 2023

At the same time last year, Rome was a Neutral Market.

Key Takeaway

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

Housing Prices in Rome, PA

How much do homes in Rome, PA cost?

Median Sold Price

$191,250

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$19,250(+11.2%)

Key Takeaway

Homes in Rome have sold for 11.2% more than they did a year ago.

Summary: The median home sold price in Rome was $191,250 in December 2024, up 11.2% from last year, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $259K$370K
+42.9%
3 $180K$191.2K
+6.3%
4 $210K$168.8K
-19.6%
5+ $166K-
N/A

Summary: Rome housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Rome Township
+19.4%
Rome
+11.2%

Housing Supply in Rome, PA

How many homes are available in Rome, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
97-22.2%

Summary: The Rome real estate market had 7 homes for sale in December 2024, a 22.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 43
-25.0%
4 44
0.0%
5+ 00
0.0%

Summary: The Rome housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rome, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Rome in December 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Rome, PA

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 7 Days Ago

Newest Listings in Rome, PA

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