Rome, IL

Real estate in Rome, Illinois is a hot commodity. With a population of just over 10,000 people, the city has seen an influx of new residents in recent years. This has led to an increase in the demand for housing and real estate.

Rome is located in Mc Henry County and is bordered by Crystal Lake to the north, Huntley to the east, Cary to the south, and Elgin to the west. The city is situated on top of a hill and has beautiful views of both Lake Michigan and the Chicago skyline.

The median home price in Rome was $269,900 as of September 2017. This is higher than both the statewide median home price ($217,500) and Mc Henry County's median home price ($214,000). However, it's worth noting that Rome's population is relatively small so there are fewer homes for sale than larger cities. In addition, many homes in Rome are owned by retirees who are looking for a low-maintenance lifestyle. As such, they may be willing to pay more for property than someone who wants to live in a densely populated city.

One reason why Rome's real estate prices are high is because there isn't much available for purchase or rent within city limits. In addition, many people who live in Rome commute into Chicago or other nearby cities for work. As such, they're not interested in living close to where they work - which means that there aren't many homes available that fit this type of lifestyle.

Despite these factors - which may make it difficult for first-time buyers or those looking for affordable housing - Romans continue to invest heavily in real estate due to its long-term stability and potential appreciation rates (which have been consistently above average over the past few years).