Rome housing market

Neutral marketRome, GA metro areaData through Sep 2026
Typical home value
$233K
▲ 1.5% 1 yr
Typical rent
$1,267/mo
▲ 1.5% 1 yr
12-month forecast
+1.8%
#313 of 546 metros
Gross rent yield
6.5%
#183 of 546 · U.S. 6.3%
Days to pending
81 days
▲ +10 days 1 yr
Listings with a price cut
27%
▼ −1.6 pts 1 yr

Key takeaways

  • 1The typical home is worth $232,906, up 1.5% in a year and up 27% over five years.
  • 2Zillow forecasts home values rising 1.8% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,267/mo (+1.5% YoY), a 6.5% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,280/mo in principal and interest, $13 more than renting.
  • 5Homes go under contract in 81 days (+10 days vs last year); 27% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 47/100, #185 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $233K
$119K$154K$190K$225K2016201920222025
Typical monthly rent
Latest $1,267
$1,065$1,128$1,190$1,25320222023202420252026

How fast homes are selling

Days to go under contract
Latest 81
2645638220182020202220242026
Share of listings with a price cut
Latest 26.9%
11.9%17.2%22.5%27.9%20182020202220242026
Homes for sale vs new listings
Latest 505
For saleNew listings
9923436950420182020202220242026
Share of homes sold above list price
Latest 18.5%
12.6%21.8%31.0%40.2%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $67K
To buy (20% down)To rent
$29K$41K$53K$64K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Rome compares

MeasureRomeUnited StatesRank of 546
Home value, 1-yr change+1.5%+1.2%#325
Home value, 5-yr change+27.2%+19.7%
12-month forecast+1.8%+1.1%#313
Rent, 1-yr change+1.5%+2.7%#446
Gross rent yield6.5%6.3%#183
Price-to-rent ratio15.315.8
Mortgage P&I on typical home$1,280$2,012
Income needed to buy$67,164$100,902
Days to pending8156

Cities in the Rome metro

1 cities with home value and rent data.

Rome$231K▲ 1.3%$1,278▲ 1.8%6.6%

Run the numbers

Other Georgia metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.