Preforeclosure Homes in Rome, NY

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View this home at Lock Rd Rome NY 13440
$129,422 EMV
Lock Rd
Rome, NY 13440
2 |
EST. RENT: $1,430
AUCTION: 05-22-2024
2 |
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Home Value Estimator For Rome, NY

There are currently 13,847 real estate properties in Rome, NY, with a median automated valuation model (AVM) price of $171,310.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rome, NY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Rome, NY, is $189,350.00, with the most expensive house in Rome, NY, topping out at $2,997,000.00 and the cheapest home in Rome, NY, clocking in at $17,950.00. In other words, there’s something for every potential homebuyer or savvy investor in Rome, NY!

Rent Prices In Rome, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rome, NY, is on a rollercoaster ride. The average rent price in Rome, NY, is $1,270.00. Indeed, when looking to rent in Rome, NY, you can expect to pay as little as $640.00 or as much as $5,090.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Rome, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Rome, NY In 2024

Rome is located in Oneida, New York, with an estimated municipal population of 32,148 residents. All of the best foreclosed homes for sale in Rome are located in the following zip code areas on 13441 13440 13308 13442 13449. The estimated population per square kilometer (.62 miles) in Rome is 165.

Cost Of Living In Rome, NY

So, about how much do homes cost in Rome? The most recent median value of resident-owned homes in Rome is 98,916. An estimated 54.9 percent of households in Rome own their homes, with an average family size of 3.03. The median household income in Rome is 48,120, with17.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Rome, the median commute time of resident workers (in minutes) is 17.7. And last, but certainly not least, are you looking for homes to rent in Rome? If so, the average rent price paid by renters in Rome is 759, according to recent statistics.

Diversity And Demographics In Rome, New York

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Rome, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Rome is 39.1, split between 50.5 percent male versus 49.5 female. The percentage of residents who report being married in Rome is 39.9, with an average family size of 3.03.

The percentage of residents who report their race in Rome is as follows:

White 88.2%
Black / African American 6.4%
Asian 1.4%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.9%
Other 1%

Looking for family-friendly neighborhoods in and/or near Rome? Or maybe you are searching for 55+ active adult communities in and/or near Rome?

The percentage of residents who report their age in Rome is as follows:

Under 10 12.9%
Aged 10-19 10.2%
20s 13.9%
30s 14%
40s 10.9%
50s 13%
60s 12.7%
70s 7.7%
80+ 4.8%

Best Schools In Rome, New York

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Rome with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Rome.

Pros And Cons Of Living In Rome, New York

How do you know that living in -- or moving to -- Rome is right where you need to be? Perhaps you grew up in Rome or already live nearby; therefore, the decision to buy a home in Rome is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Rome for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Rome:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Rome.

Reasons To Move To Rome, New York, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Rome can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Rome, meanwhile, can field multiple offers from more qualified buyers.

Rome, NY Preforeclosure Homes


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