Rome home prices fall in January 2020

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The median sale price of a home sold in January 2020 in Rome fell by $8,000 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In January 2020, there were two homes sold, with a median sale price of $102,000 - a 7.3% decrease over the $110,000 median sale price for the same period of the previous year. There were two homes sold in Rome in January 2019, as well.

The median sales tax in Rome for the most recent year with available data, 2018, was $2,185, approximately 2.1% of the median home sale price for January 2020.

The following table compares Rome to other Peoria County cities with similar median sales prices in January 2020:

City
Jan. 2020 Home Sales
Jan. 2019 Home Sales
% change (Total Home Sales)
Jan. 2020 Median Sales Price
Jan. 2019 Median Sales Price
% change (Median Sales Price)
Lake Camelot
3
1
200%
$173,500
$125,000
38.8%
Hanna City
2
1
100%
$138,000
$112,000
23.2%
Brimfield
4
0
-
$120,750
$0
-
Dunlap
2
1
100%
$103,000
$266,500
-61.4%
Rome
2
2
0%
$102,000
$110,000
-7.3%
West Peoria
6
3
100%
$93,000
$70,000
32.9%
Peoria
113
102
10.8%
$92,900
$96,025
-3.3%
Chillicothe
7
4
75%
$92,500
$65,125
42%
Peoria Heights
6
2
200%
$75,950
$67,250
12.9%
Bellevue
1
2
-50%
$67,000
$73,500
-8.8%
Norwood
1
1
0%
$67,000
$46,750
43.3%

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