$94,900
1.00 Acres
Land
#1989805, Al Schmidt, Listing Office: Rome Realty LLC
Is Rome, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Rome was a Seller's Market.
Key Takeaway
Rome is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Rome, WI
How much do homes in Rome, WI cost?
Median Sold Price
$374,900
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$4,850(-1.3%)
Key Takeaway
Homes in Rome have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in Rome was $374,900 in October 2024, down 1.3% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $249.9K | $75.2K | -69.9% |
| 2 Bedrooms | $354.9K | $296K | -16.6% |
| 3 Bedrooms | $377K | $355K | -5.8% |
| 4 Bedrooms | $455K | $452.5K | -0.5% |
| 5+ Bedrooms | $545.5K | $760K | +39.3% |
Summary: Rome housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 69.9%, 2 bedroom homes decreased by 16.6%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 39.3%.
Median Sold Price Compared To Nearby Cities
| Rome | $379.7K | $374.9K | -1.3% |
| Nekoosa | $295K | $271K | -8.1% |
Housing Supply in Rome, WI
How many homes are available in Rome, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 61 | +8.9% |
Summary: The Rome real estate market had 61 homes for sale in October 2024, a 8.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 13 | +18.2% |
| 3 Bedrooms | 32 | 36 | +12.5% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Rome housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rome, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Rome in October 2024, down by 41.7% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Rome, WI
We’re sorry, we don't have information for this market at the moment
