Rome, GA—30147
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rome, GA
As of Oct '25, the median home price in Rome, GA is $195,000, with a year-over-year change of 1.3%. This indicates that home prices in Rome, GA are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $195,000 | 1.3% |
| Single Family | $195,000 | 1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $225,000 | 1.4% |
4 Bed | N/A | N/A |
| 5 Bed | $123,000 | 0.8% |
% of Housing Stock
Rental Trends — Rome, GA
As of July '25, Rentcast reports the average rent in Rome, GA is $1,240, with a year-over-year rent change of -23.5%. Per bedroom, the median rent as of July '25 in Rome, GA is 1-bedrooms: $1,250, 2-bedrooms: $875, 3-bedrooms: $1,420. The most common rental property sizes in Rome, GA are 2-bedroom and 3-bedroom, accounting for 55.2% and 30.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,240 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,250 | $1,250 |
| 2 Bed Rent | $800 | $875 |
| 3 Bed Rent | $1,350 | $1,420 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Rome, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Rome, GA is 87. This is a increase of 29.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $265,000 | 25.0% |
Listing Count | 22 | -5.0% |
| Listings as % of Homes | 0.8% | -5.0% |
Days on Market | 87 | 29.0% |
Demographics — Rome, GA
As of the latest ACS Survey released in 2023, Rome, GA has a population of 4,860, which has increased by 11.9% over the past 5 years. Rome, GA is a moderately popular place for families, as children make up 24.1% of the population. The area has a poorly educated workforce, with 14.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,860 | 11.9% |
% Under 18 | 24.1% | 16.4% |
% Seniors | 15.0% | 3.4% |
% WFH | 4.8% | 45.5% |
% w/ College Degree | 14.8% | 18.4% |
As of the latest ACS Survey released in 2023, Rome, GA is a predominantly white area, with 93.4% of the population identifying as white. The white population has grown by 4.1% in the last 5 years. The second most common race or ethnicity in Rome, GA is hispanic, making up 5.3% of the population. Foreign-born residents account for 2.4% of the population in Rome, GA, and this percentage has increased by 380.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.4% | 4.1% |
% Black | 0.7% | -88.9% |
% Hispanic | 5.3% | 381.8% |
% Asian | 0.0% | N/A |
% Foreign Born | 2.4% | 380.0% |
Mortgage and Risk — Rome, GA
According to HUD data as of 2023, there were 138 mortgage originations in Rome, GA, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Rome, GA. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 138 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Rome, GA
Rome, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$350 | $1,250 | $900 |
| 2 Bedroom | $380 | $800 | $1,180 |
| 3 Bedroom | $130 | $1,350 | $1,480 |
| 4 Bedroom | N/A | N/A | $1,710 |
Affordability — Rome, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $195,000 |
| Median Household Income | $56,900 |