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Romney, IN

Full City Profile · Indiana · Tippecanoe County County

3.2 /5.0
B Good
561 Population 1,558/sq mi density
$61,133 Median Income $52,942 per capita
$155,300 Home Value $291,277 Zillow
52°F Avg Temperature 275 sunny days/yr
496 Violent Crime/100K 4,842 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$61,133 median income, 7.0% unemployment
A+
Affordability
5.0 / 5.0
$155,300 home value, /mo rent
F
Safety
1.0 / 5.0
496 violent crimes/100K (31% above avg)
B
Education
3.5 / 5.0
31.0% bachelor's degree or higher

Housing Overview

Median Home Value
$155,300
45% below
US avg: $281,900
Homeownership Rate
93.8%
43% above US avg (65.4%)
Total Housing Units
187
Median year built: 1960

Home Value by Source

Census Median
$155,300
Zillow (ZHVI)
$291,277
Median Sale Price
$270,475
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

93.8%
Owner-Occupied
6.2%
Renter-Occupied
94%
6%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo

Market Indicators (Redfin)

Median Days on Market
8 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$126

Affordability & Housing Stock

Rent Burden
33.2%
of renters spending 30%+ of income on housing
7% above US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
93.8%

Complete Housing Data

Home Values

Census Median Value$155,300
Zillow Home Value (ZHVI)$291,277
Median Sale Price$270,475
Price Per Sq Ft$126

Rent

FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Days on Market8
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Price Per Sq Ft$126

Ownership & Stock

Owner-Occupied93.8%
Renter-Occupied6.2%
Homeownership Rate93.8%
Total Housing Units187
Median Year Built1960
Rent Burden33.2%