Roann, IN—46974
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Roann, IN
As of Oct '25, the median home price in Roann, IN is $217,000, with a year-over-year change of 5.4%. This indicates that home prices in Roann, IN are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $217,000 | 5.4% |
| Single Family | $217,000 | 4.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $161,000 | 3.9% |
3 Bed | $221,000 | 4.7% |
4 Bed | $250,000 | 6.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Roann, IN
Roann, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Roann, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Roann, IN is 32. This is a decrease of -4.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $237,000 | -49.0% |
Listing Count | 3 | 120.0% |
| Listings as % of Homes | 0.1% | 120.0% |
Days on Market | 32 | -4.0% |
Demographics — Roann, IN
As of the latest ACS Survey released in 2023, Roann, IN has a population of 1,560, which has decreased by -16.8% over the past 5 years. Roann, IN is a moderately popular place for families, as children make up 24.5% of the population. The area has a poorly educated workforce, with 17.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,560 | -16.8% |
% Under 18 | 24.5% | -8.9% |
% Seniors | 22.7% | 26.1% |
% WFH | 12.2% | 510.0% |
% w/ College Degree | 17.8% | -22.3% |
As of the latest ACS Survey released in 2023, Roann, IN is a predominantly white area, with 92.7% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Roann, IN is black, making up 2.8% of the population. Foreign-born residents account for 0.6% of the population in Roann, IN, and this percentage has decreased by 71.4% 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 | 92.7% | -1.0% |
% Black | 2.8% | 0.0% |
% Hispanic | 2.0% | 900.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.6% | -71.4% |
Mortgage and Risk — Roann, IN
Roann, IN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Roann, IN
Roann, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $760 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | N/A | N/A | $1,200 |
| 4 Bedroom | N/A | N/A | $1,360 |
Affordability — Roann, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $217,000 |
| Median Household Income | $57,900 |