Rome, GA—30165
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 $234,000, with a year-over-year change of 1.7%. This indicates that home prices in Rome, GA are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $234,000 | 1.7% |
| Single Family | $234,000 | 1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $158,000 | 0.6% |
3 Bed | $241,000 | 1.7% |
4 Bed | $337,000 | 1.5% |
| 5 Bed | $153,000 | -3.2% |
% of Housing Stock
Rental Trends — Rome, GA
As of July '25, Rentcast reports the average rent in Rome, GA is $1,520, with a year-over-year rent change of 2.7%. Per bedroom, the median rent as of July '25 in Rome, GA is 1-bedrooms: $1,100, 2-bedrooms: $1,240, 3-bedrooms: $1,630, 4-bedrooms: $2,350. The most common rental property sizes in Rome, GA are 2-bedroom and 3-bedroom, accounting for 36.9% and 36.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,520 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,140 | $1,100 |
| 2 Bed Rent | $1,150 | $1,240 |
| 3 Bed Rent | $1,500 | $1,630 |
| 4 Bed Rent | $2,000 | $2,350 |
% 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 61. This is a increase of 27.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $318,000 | 7.0% |
Listing Count | 229 | 24.0% |
| Listings as % of Homes | 0.5% | 24.0% |
Days on Market | 61 | 27.0% |
Demographics — Rome, GA
As of the latest ACS Survey released in 2023, Rome, GA has a population of 42,000, which has remained stable by 0.1% over the past 5 years. Rome, GA is a popular place for families, as children make up 25.8% of the population. The area has a moderately educated workforce, with 26.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 42,000 | 0.1% |
% Under 18 | 25.8% | -0.8% |
% Seniors | 15.2% | 3.4% |
% WFH | 6.0% | 36.4% |
% w/ College Degree | 26.1% | 23.1% |
As of the latest ACS Survey released in 2023, Rome, GA is a predominantly white area, with 61.0% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Rome, GA is hispanic, making up 20.6% of the population. Foreign-born residents account for 10.6% of the population in Rome, GA, and this percentage has decreased by 14.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 61.0% | -4.5% |
% Black | 12.7% | 5.0% |
% Hispanic | 20.6% | 9.0% |
% Asian | 1.7% | -41.4% |
% Foreign Born | 10.6% | -14.5% |
Mortgage and Risk — Rome, GA
According to HUD data as of 2023, there were 611 mortgage originations in Rome, GA, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Rome, GA. Investor activity is low, as 8.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 611 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 8.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Rome, GA
As of 2024, the percent of homes in Rome, GA under the Section 8 program is 9.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Rome, GA, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 842 |
Total Units Section 8 | 594 |
% Rentals under Section 8 | 9.1% |
% Occupied Section 8 | 79.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$230 | $1,140 | $910 |
| 2 Bedroom | $50 | $1,150 | $1,200 |
| 3 Bedroom | $10 | $1,500 | $1,510 |
| 4 Bedroom | -$250 | $2,000 | $1,750 |
Affordability — Rome, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $234,000 |
| Median Household Income | $63,900 |