Is Rome City, IN 46784 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Rome City is a seller’s market. With about 2.3 months of supply and 7% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score32/ 100

More competitive than 28% of U.S. ZIP codes, and #273 of 306 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.3Under 4 months = seller’s market
Sold above original list6.7%Share of sales, last 3 months
Median sale-to-list95.7%Sold price ÷ list price
Median days on market41Listing to accepted offer
Median price per sq ft$193▼ −15.1% vs. last year

The Rome City housing market right now

In the three months ending August 31, 2026, 7% of homes in Rome City, IN 46784 sold above their list price, the typical home went under contract in 41 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 15 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (44 days then) and the median sale price fell 33% to $349,749. Overall, Rome City is more competitive than a year ago, so tougher for buyers.

Within Noble County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Rome City ranks #273 of 306 IN ZIP codes with enough sales (score 32 out of 100).

Nearby, Ligonier 46767 (43% sold over asking) and Kimmell 46760 (25% sold over asking) are even more competitive.

Nearby markets

Albion 46701Seller’s market $146 /sq ftAvilla 46710Seller’s market $151 /sq ftCromwell 46732Seller’s market $166 /sq ftKendallville 46755Seller’s market $152 /sq ft Browse all markets →

Where Rome City is

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Questions about Rome City real estate

Is Rome City a buyer’s or seller’s market?

A seller’s market: there were 2.3 months of supply in Rome City, IN 46784 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Rome City?

The typical home went under contract in 41 days in the latest three months.

Do homes in Rome City sell over asking?

7% of homes sold above their original list price, and the typical sale closed at 95.7% of the list price.

What are property taxes in Rome City?

About 0.67% of a home’s value a year in Noble County, or roughly $2,680 on a $400,000 home.

What is the median home price in Rome City?

The median sale price was $349,749 in the three months ending August 31, 2026, about $193 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology