Market Overview
Home Prices in Rome City, IN
The median home value in Rome City, IN is $320,433 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.5% compared to a year ago and up 4.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rome City are priced22% below average. Rome City is part of the Kendallville, IN metro area.
Over the past five years, Rome City home values have risen by approximately36.6%, reflecting strong long-term appreciation in this market.
Price History
Rome City Home Price Trend
City Comparison
Rome City vs. National Median
At $320,433, homes in Rome City cost 22% below the national median of $410,000. This makes Rome City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Rome City?
20% Down Payment
$64,087
on $320,433
Monthly P&I
$1,671/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,122/mo
incl. taxes & insurance
Income Needed
$84,880
gross annual (30% rule)
10% Down Option
$32,043
+ PMI applies
Loan Amount (20% dn)
$256,346
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Rome City, IN?
The median home value in Rome City is $320,433 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.5% year-over-year.
How much have home prices changed in Rome City?
Over the past year, home values in Rome City have increased by 4.5%. Over five years, prices have risen approximately 36.6%.
How much do I need to earn to buy a home in Rome City?
To comfortably afford the median home price of $320,433 with a 20% down payment ($64,087) at today's rates (6.8%), you'd need a gross annual income of approximately $84,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Rome City compare to the national average home price?
The national median home value is approximately $410,000. At $320,433, homes in Rome City are 22% below the national average.
What metro area is Rome City part of?
Rome City is part of the Kendallville, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.