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Featured local agent — Romney, IN
Sarah Mitchell
Compass Real Estate · Romney, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Romney, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$246,000median sale price
How is the Romney, IN housing market right now?
The median home sale price in Romney, IN is $246,000. Homes sell in an average of 5 days with 1 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Romney a buyer's or seller's market?
Romney, IN is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 5 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
5
Fast-moving
Active listings
1
1.0 months supply
Sale-to-list
107.0%
Above asking
What does the Romney housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $246,000 |
| Median list price | $200,000 |
| Average days on market | 5 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 107.0% |
| Median price per sq ft | $169/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Romney by property type?
How the Romney, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $246,000 | $169/sq ft | 1 | 5 days |
Source: Redfin · Updated monthly
The Romney housing market is currently classified as a strong seller's market with a median sale price of $246,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 5 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.1x provides context for how home values compare to local earning capacity.
Homes for sale in Romney
There are currently 1 homes listed for sale in Romney, Indiana. The median listing price is $200K.
Active listings
1
Homes on market
Median list price
$200K
Avg. days on market
5
Days until sale
New this week
1
Newly listed
Who lives in Romney?
Population
561
Median income
$61,133/yr
Median age
37.4 years
Owner-occupied
93.8%
College grads
31.0%
Avg commute
31.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Romney?
Zillow home value
$310,035
Price-to-income
5.1x
Source: Zillow Research
What is it like to live in Romney?
Romney is a community of approximately 1K residents with a median age of 37.4 years.The median household income is $61,133, which represents a working-class community with solid middle-income opportunities. 31.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 93.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Romney offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Romney, IN?
Want a head-to-head view? Compare Romney side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Romney?
The median home sale price in Romney is $246,000, down 0.0% from last year.
How long do homes stay on market in Romney?
Homes typically spend 5 days on market before going under contract.
What is the median income in Romney?
The median household income is $61,133 per year.
Is Romney a buyer's or seller's market?
With 1.0 months of supply, Romney is currently a strong seller's market.
What is the Zillow home value estimate for Romney?
The Zillow Home Value Index (ZHVI) for Romney is $310,035, representing the typical home value in the area.
How much does a single-family home cost in Romney?
The median single-family home price in Romney, IN is $246,000 (about $169 per square foot).
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