Romney, IN Foreclosures
How much do homes sell for in Romney, IN?
The average home price is currently $340,788.
In Romney, IN, how many homes are available?
There are currently 1 active home listings available in Romney.
What’s the average rental cost in Romney, IN?
The average rental price in Romney is $1,481.
What is the most expensive home in Romney?
The most expensive home sold in Romney had a price of $2,958,815.
What is currently the cheapest priced home in Romney, IN?
The cheapest home for sale in Romney is priced at $19,389.
Living in Romney, IN
Romney, IN is a charming small town characterized by its welcoming community and picturesque landscapes. Residents enjoy a peaceful lifestyle with access to nature and family-friendly amenities. With a low cost of living, it's a great place to settle down and raise a family.
Current Market Conditions in Romney, IN
The real estate market in Romney, IN is currently showing a steady demand for housing, with property values remaining stable due to the limited inventory. Homes tend to sell quickly, indicating a solid interest in the area among potential buyers.
Recent trends indicate a shift towards more families and young professionals moving into the community, attracted by its affordable housing options and the quality of life. This influx is helping to sustain property prices in the region.
Overall, the housing market reflects a balanced condition, with enough activity to keep the market dynamic without extreme fluctuations.
Home Value Estimator For Romney, IN
There are currently 322 real estate properties
in Romney, IN,
with a median automated valuation model (AVM) price
of $283,609.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Romney, IN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Romney, IN,
is $340,788.00, with the most expensive house
in Romney, IN, topping out
at $2,958,815.00 and the cheapest home
in Romney, IN,
clocking in at $19,389.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Romney, IN!
Rent Prices
In Romney, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Romney, IN, is on
a rollercoaster ride. The
average rent price in Romney, IN,
is $1,481.00. Indeed, when looking to rent in
Romney, IN, you can expect to pay as little
as $830.00 or as much
as $2,490.00,
with the average rent median estimated to
be $1,530.00. The good news is that finding
an affordable and desirable property to rent in Romney, IN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
