FMLS Residential · city

Rome

Closed sales series. Latest median $251,000 (+4.6% YoY). Buyer-leaning on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 298 active · 7 under contract · 36 pending. Total residential listings by status: 341.

Data confidence: High. 679 closings in the last 12 months. Enough closings to read a trend.

Latest median$251,000+4.6% YoY
Months of supply6.3Buyer-leaning · 5.3 on 57/mo trailing-12
$/SF$160+2.8% YoY
DOM30-14.3% YoY
Sale/list97.9%59.6% below

Versus the FMLS footprint

Latest closed month only, not the 12-month figure above. The FMLS footprint is the macro context.

Median price-36.5%$251,000 vs $395,000 FMLS-wide
$/SF-14.4%$160 vs $187 FMLS-wide
DOM-9%30 days vs 33 FMLS-wide
Sale/list-1.0 pts97.9% vs 98.8%

Opportunity score

0–100. Higher means more room for a buyer right now. Price change uses the 3-month median, not one month. Each part is scored 0–100, then weighted. Includes live supply and demand. Screening tool, not a forecast.

66
Softening

3-month volume-weighted median $261,866 (+3.9% vs same 3 months last year) on 164 closings. Latest month is $251,000. Confidence: High (164 closings in 3 months).

3-month $/SF is up 1.6% versus the same 3 months last year.

Months of supply67
6.3 months · 25% of the score

Active homes divided by last month’s closings. Under 4 favors sellers. Above 6 gives buyers more choices and more room.

YoY price27
+3.9% · 20% of the score

3-month volume-weighted median versus the same 3 months a year ago. One month cannot swing this. A rising median with falling $/SF is usually mix, not appreciation.

New / closed95
1.91 · 20% of the score

New listings in 30 days versus last month’s closings. Above 1.2 means inventory is building. That usually softens the next 30–90 days.

Pending / (active + under contract)90
0.12 · 15% of the score

Pending divided by active plus under contract. Not pending divided by active alone. Low means demand is not absorbing the stock.

Price reduced90
53% · 10% of the score

Share of recent closings that had already cut the list price. High means sellers are adjusting. That is where negotiation usually appears.

DOM trend20
-25.0% · 10% of the score

Direction of days on market over the last 6 months, not the current DOM. A low score here means DOM is falling, which favors sellers even if supply is high.

Buyer-leaning

6.3 months of supply on last month’s pace (298 active ÷ 47 closings). 5.3 months on the trailing-12 pace (average 57 closings a month). These are different windows.Buyers have more room, especially on homes that have sat past 30 days. 59.6% of last month’s closings were below list. Days on market are down 14% from a year ago.

Homes for sale in Rome, GA →

How homes actually closed

Above list6.4%More than 1% over list
At list34.0%Within 1% of list
Below list59.6%More than 1% under list
Price reduced53.2%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.1236 pending ÷ 305 (active + under contract)
New / closed1.9190 listed in 30 days vs 47 closed
Softening

New listings are outpacing sales and closed sales are already taking longer or reducing more. Expect more inventory and more negotiating room over the next 30–90 days.

If you own in Rome

High confidence. 679 closings in the last 12 months.

  • This is the market your home sits in. It is too broad to be your only comp, and too local to ignore.
  • City median is $251,000. Price your home off the neighborhood or school zone, then check that it still makes sense against this number.
  • 6.3 months of supply. Median days on market 30. That is how long a correctly priced listing is taking.
  • If you are deciding whether to list, the useful question is what is for sale on your street and in your school zone, not the citywide median. Homes for sale in Rome, GA →

What this means if you are listing in Rome

  • Price to the closed median and $/SF here ($251,000, $160), not the FMLS-wide number. This market is below the FMLS footprint by 36.5% on median.
  • With 6.3 months of supply, expect about 30 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 59.6% of recent closings were below list and 53.2% of listings had already reduced. Concessions show up more on listings that have already sat.
  • Check live inventory for the actual competition before you set the number. Homes for sale in Rome, GA →

What this means if you are making an offer

  • Supply is elevated. You have more room than in a seller’s market, especially on homes past 30 days.
  • Your better leverage is on homes that have been listed 30+ days or have already reduced. About 53.2% of recent closings had a price reduction.
  • This micro-market diverges from the FMLS footprint by 36%. Do not use the statewide median as your comp base.
  • Closed prices lag 30–90 days. Confirm current supply on the inventory page before you assume the temperature has not shifted.

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
Under $300k17751.9%
$300–500k10129.6%
$500–750k3610.6%
$750k–1M102.9%
$1M+175.0%

Property types

TypeListedMedian ask
Single Family Residence329$298,500
Condominium6$295,000
Townhouse6$262,000

298 active, 7 under contract, 36 pending. 90 new in the last 30 days.

Median close price

2021-10 – 2026-09
2021-102026-09

Monthly series

Most recent months first. Medians require at least 5 closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 202647$251,000$1603097.9%59.6%53.2%
Aug 202653$289,000$1653698.2%56.6%49.1%
Jul 202664$247,375$1622997.1%59.4%42.2%
Jun 202679$284,650$1572899.5%49.4%34.2%
May 202659$273,900$1643698.0%55.9%42.4%
Apr 202664$260,000$1526297.0%59.4%50.0%
Mar 202671$252,250$1612398.8%50.7%31.0%
Feb 202650$266,500$1423897.7%62.0%46.0%
Jan 202633$220,000$1553497.9%60.6%42.4%
Dec 202569$294,500$1543598.0%55.1%47.8%
Nov 202546$254,950$1754299.2%50.0%47.8%
Oct 202544$262,500$15545100.0%43.2%47.7%
Sep 202565$240,000$1553597.4%60.0%46.2%
Aug 202554$260,000$1633498.0%57.4%33.3%
Jul 202557$258,000$1632597.6%57.9%35.1%
Jun 202560$259,500$1623398.3%60.0%36.7%
May 202566$251,000$1551998.0%60.6%25.8%
Apr 202557$240,000$1493297.8%63.2%47.4%
Mar 202559$250,000$1524298.0%57.6%50.8%
Feb 202546$276,700$1564496.9%60.9%50.0%
Jan 202534$274,250$13934100.0%32.4%38.2%
Dec 202434$259,250$1723498.1%55.9%44.1%
Nov 202448$258,700$1452896.8%64.6%41.7%
Oct 202453$255,000$1582597.7%58.5%41.5%

Below = closed under 99% of list. Reduced = original list higher than final list.

Related markets

Homes for sale in Rome, GA → · ← FMLS report