Trey Forbes, Listing Office: Century 21 Bradley-Kendallville
Is Rome City, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Rome City has remained a Seller's Market.
Housing Prices in Rome City, IN
How much do homes in Rome City, IN cost?
Median Sold Price
$695,000
$231/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
Summary: The median home sold price in Rome City was $695,000 in October 2024, up 46.3% from last month, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $320K | $255K | -20.3% |
3 Bedrooms | $513K | - | N/A |
4 Bedrooms | - | $807.5K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Rome City housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Orange Township | $322.5K | $807.5K | +150.4% |
Rome City | $475K | $695K | +46.3% |
Housing Supply in Rome City, IN
How many homes are available in Rome City, IN?
Number of Homes For Sale
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
11 | 9 | -18.2% |
Summary: The Rome City real estate market had 9 homes for sale in October 2024, a 18.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 4 | -33.3% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Rome City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Rome City in October 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Rome City, IN
We’re sorry, we don't have information for this market at the moment