Cities with the fastest growing home prices in Rome metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Rome, GA metro area using data from Zillow. Cities are ranked by 1-year price change as of December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. All 5 cities and towns with data available were included in the list.

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Stacker

#5. Lindale, GA

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– 1-year price change: +$22,072 (+14.5%)
– 5-year price change: +$79,403 (+84.1%)
– Typical home value: $173,827 (#5 most expensive city in metro)

Stacker

#4. Cave Spring, GA

– 1-year price change: +$28,043 (+14.6%)
– 5-year price change: +$92,901 (+73.0%)
– Typical home value: $220,146 (#3 most expensive city in metro)

Stacker

#3. Armuchee, GA

– 1-year price change: +$29,329 (+13.0%)
– 5-year price change: +$109,813 (+76.1%)
– Typical home value: $254,180 (#1 most expensive city in metro)

Stacker

#2. Silver Creek, GA

– 1-year price change: +$30,721 (+15.9%)
– 5-year price change: +$97,113 (+76.4%)
– Typical home value: $224,250 (#2 most expensive city in metro)

Stacker

#1. Rome, GA

– 1-year price change: +$31,587 (+17.9%)
– 5-year price change: +$94,852 (+83.6%)
– Typical home value: $208,352 (#4 most expensive city in metro)

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