Rome City, IN 46784 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Rome City, IN—46784

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$301,000

2.6% YoY Growth

Household Income

$71,500

26.6% YoY Growth

Days on Market

39.0% Longer YoY

Home Price Forecast

3.8%

Median Rent

$1,200

14.3% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,200

14.3% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Rome City, IN

As of Dec '25, the median home price in Rome City, IN is $301,000, with a year-over-year change of 2.6%. This indicates that home prices in Rome City, IN are increasing. According to Zillow, the 1-year price projection is 3.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$301,000	2.6%
Single Family	$299,000	1.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Rome City, IN

As of July '25, Rentcast reports the average rent in Rome City, IN is $1,200, with a year-over-year rent change of 14.3%. Per bedroom, the median rent as of July '25 in Rome City, IN is 2-bedrooms: $1,200. The most common rental property sizes in Rome City, IN are 3-bedroom and 4-bedroom, accounting for 59.2% and 18.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,200	$1,200
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,200	$1,200
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

6.1%

2 Bedrooms

16.3%

3 Bedrooms

59.2%

4 Bedrooms

18.4%

Property Listings — Rome City, IN

As of Dec '25, Realtor.com reports that the median days on market for a home in Rome City, IN is 68. This is a increase of 13.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$422,000	15.0%
Listing Count	10	129.0%
Listings as % of Homes	0.2%	129.0%
Days on Market	71	39.0%

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Demographics — Rome City, IN

As of the latest ACS Survey released in 2023, Rome City, IN has a population of 2,000, which has increased by 1.3% over the past 5 years. Rome City, IN is a less popular place for families, as children make up 13.8% of the population. The area has a poorly educated workforce, with 18.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,000	1.3%
% Under 18	13.8%	-37.3%
% Seniors	25.1%	27.4%
% WFH	5.9%	118.5%
% w/ College Degree	18.6%	51.2%

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As of the latest ACS Survey released in 2023, Rome City, IN is a predominantly white area, with 94.6% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in Rome City, IN is hispanic, making up 2.3% of the population. Foreign-born residents account for 0.0% of the population in Rome City, IN, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	94.6%	0.0%
% Black	0.4%	∞%
% Hispanic	2.3%	-20.7%
% Asian	0.0%	-100.0%
% Foreign Born	0.0%	-100.0%

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Mortgage and Risk — Rome City, IN

According to HUD data as of 2023, there were 67 mortgage originations in Rome City, IN, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Rome City, IN. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	67
% Conventional Loans	84.0%
% Government Loans	16.0%
% Investor Loans	0.0%
% Second Loans	10.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Rome City, IN

Rome City, IN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	50
Total Units Section 8	0
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$740
2 Bedroom	-$230	$1,200	$970
3 Bedroom	N/A	N/A	$1,170
4 Bedroom	N/A	N/A	$1,630

Rome City, IN—46784

Key Metrics at a Glance

Home Price Trends — Rome City, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Rome City, IN

% of Rental Stock

Property Listings — Rome City, IN

Demographics — Rome City, IN

Race and Ethnicity

Mortgage and Risk — Rome City, IN

Mortgages

Rentals and Section 8 — Rome City, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Rome City, IN

Home Price to Income Ratio

Rome City, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Wolcottville, IN

Wawaka, IN

Kendallville, IN

Lagrange, IN

Albion, IN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$301,000
Median Household Income	$71,500

Rome City, IN—46784

Key Metrics at a Glance

Home Price Trends — Rome City, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Rome City, IN

% of Rental Stock

Property Listings — Rome City, IN

Demographics — Rome City, IN

Race and Ethnicity

Mortgage and Risk — Rome City, IN

Mortgages

Rentals and Section 8 — Rome City, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Rome City, IN

Home Price to Income Ratio

Rome City, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Wolcottville, IN

Wawaka, IN

Kendallville, IN

Lagrange, IN

Albion, IN

Frequently Asked Questions

What is the average home price in Rome City, IN 46784?

How have home prices in Rome City, IN 46784 changed over the past year?

What is the home price projection for Rome City, IN 46784?

What are the demographics of Rome City, IN 46784?

How long does it take homes to sell in Rome City, IN 46784?

What is the average rent price in Rome City, IN 46784?