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ROMNEY, IN 47981

Real Estate Market Report  ·  Tippecanoe County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
vs 2 last year
Pending
2
100% pending ratio
Median Price
$460,000
⇩ 18.6% vs $565,000 last year
Average Price
$460,000
⇩ 18.6% vs $565,000 last year
Days on Market
115
⇧ 51.3% vs 76 days last year

Market Context

Population: 887  ·  Density: 9.9/mi²  ·  Median household income: $87,727

Typical home value: $191,250  ·  Homeownership: 96.6%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The ROMNEY, IN real estate market (47981) currently shows 2 active listings, with 2 pending sales. Homes are averaging 115 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 115 days on market compared to 76 days last year.

The median listing price has fallen 18.6% year-over-year, from $565,000 to $460,000.

Whether you are buying or selling in ROMNEY, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 115 now vs 76 last year

Median & Average Pricing

Year over Year
  • Median: $460,000 (-18.6% YoY)
  • Average: $460,000 (-18.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.9 miles — 296 listings ($114,368,038 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47981Romney, IN 479810.0 mi2$920,000$460,000$460,000
47967New Richmond, IN 479675.1 mi1$141,450$141,450$141,450
47992Westpoint, IN 479928.1 mi5$983,335$195,000$196,667
47994Wingate, IN 479949.1 mi1$75,000$75,000$75,000
47901Lafayette, IN 4790112.1 mi7$3,434,550$512,500$490,650
47940Darlington, IN 4794013.3 mi4$1,840,900$199,900$460,225
46035Colfax, IN 4603513.9 mi3$609,000$199,000$203,000
47933Crawfordsville, IN 4793314.5 mi91$26,874,757$245,000$295,327
47918Attica, IN 4791815.0 mi14$3,186,540$163,200$227,610
47906West Lafayette, IN 4790616.8 mi137$66,480,346$475,000$485,258
47987Veedersburg, IN 4798718.3 mi14$3,458,700$219,450$247,050
46071Thorntown, IN 4607119.3 mi8$3,880,000$450,000$485,000
46065Rossville, IN 4606520.9 mi9$2,483,460$299,000$275,940

Frequently Asked Questions

How many homes are for sale in ROMNEY, IN 47981?

As of January 2026, there are 2 active listings in ROMNEY, IN (zip code 47981), compared to 2 the prior year.

What is the median home price in ROMNEY, IN 47981?

The median listing price in ROMNEY, IN 47981 is $460,000 as of January 2026, a 18.6% decrease from $565,000 the prior year.

How long do homes stay on the market in ROMNEY, IN?

Homes in ROMNEY, IN 47981 spend an average of 115 days on the market before going under contract, compared to 76 days the prior year.

Is it a seller's or buyer's market in ROMNEY, IN 47981?

Based on current inventory and days-on-market data as of January 2026, ROMNEY, IN 47981 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 115 days on market compared to 76 days last year.

How much can I save on real estate commission in ROMNEY, IN?

With SELL123.com's maximum 3% commission, sellers in ROMNEY, IN 47981 save an estimated $9,200 compared to a typical 5% commission on the median listing price of $460,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.