Market Overview
Home Prices in Rome, IN
The median home value in Rome, IN is $181,411 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.6% compared to a year ago and up 4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rome are priced56% below average.
Over the past five years, Rome home values have risen by approximately23.3%, reflecting strong long-term appreciation in this market.
Price History
Rome Home Price Trend
2020
$124,853
$125K
—
2021
$147,112
$147K
+17.8%
2022
$163,655
$164K
+11.2%
2023
$163,916
$164K
+0.2%
2024
$171,613
$172K
+4.7%
2025
$178,488
$178K
+4.0%
2026
$181,411
$181K
+1.6%
City Comparison
Rome vs. National Median
🏠 Rome
$181,411
National Median
$410,000
At $181,411, homes in Rome cost 56% below the national median of $410,000. This makes Rome a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Rome?
20% Down Payment
$36,282
on $181,411
Monthly P&I
$946/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,201/mo
incl. taxes & insurance
Income Needed
$48,040
gross annual (30% rule)
10% Down Option
$18,141
+ PMI applies
Loan Amount (20% dn)
$145,129
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, IN?
The median home value in Rome is $181,411 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.6% year-over-year.
How much have home prices changed in Rome?
Over the past year, home values in Rome have increased by 1.6%. Over five years, prices have risen approximately 23.3%.
How much do I need to earn to buy a home in Rome?
To comfortably afford the median home price of $181,411 with a 20% down payment ($36,282) at today's rates (6.8%), you'd need a gross annual income of approximately $48,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Rome compare to the national average home price?
The national median home value is approximately $410,000. At $181,411, homes in Rome are 56% below the national average.