Metropolitan Statistical Area (MSA):
Rome, GA is a Metropolitan Statistical Area (MSA) comprising counties including .
There are a number of real estate trends in the housing market that comprises the Rome, GA metropolitan statistical area (MSA). The following is a brief overview of some of these trends:
1. The average home price in the Rome MSA has been on the rise in recent years. In 2017, the average home price was $176,000, which was up from $160,000 in 2016 and $145,000 in 2015. This trend is expected to continue in 2018 and beyond.
2. The number of homes sold in the Rome MSA has also been on the rise over the past few years. In 2017, there were 1,972 homes sold which was up from 1,824 homes sold in 2016 and 1,636 homes sold in 2015. This trend is also expected to continue into 2018 and beyond as more and more people are looking to purchase homes in this area.
3. The average days on market for homes in the Rome MSA has decreased significantly over the past few years. In 2017, it took an average of just 54 days for a home to sell which was down from 72 days in 2016 and 84 days in 2015. This trend is likely due to the increasing demand for homes in this area as well as the limited supply of available properties relative to that demand