Why Live in Romney
Romney, a rural unincorporated community south of Lafayette, offers a close-knit atmosphere where long-term residents and former locals stay connected through social media. The community is surrounded by cornfields and features a volunteer fire department, small businesses like a toy shop and barber salon, and a community park with amenities such as a covered patio, basketball court, and a little free library. Housing in Romney includes farmhouses, Saltbox, Colonial, log cabins, and ranch-style homes, often on large plots ranging from half an acre to over two acres, with some properties featuring barns and storage sheds. Local events at Romney United Methodist Church, such as the Holiday Bazaar and Halloween Party, foster community spirit. While shopping and dining options are limited, residents can find essentials at Dollar General and dine at Restaurante Mexican El Paso. For more extensive needs, Lafayette, 13 miles north, offers additional amenities including a Walmart Supercenter and Legacy Pub. Educational needs are served by Mintonye Elementary, Southwestern Middle School, and McCutcheon High School, all within 5 to 7 miles and rated well. Despite its rural setting, Romney is connected to Lafayette via U.S. 231, though public transportation and bike lanes are not available, making driving necessary. The Purdue University Airport, 12 miles north, provides flights to Chicago and numerous connecting destinations.
Frequently Asked Questions
Is Romney a good place to live?
Romney is a good place to live. Romney is considered very car-dependent and somewhat bikeable. Romney has 1 park for recreational activities. It has a median age of 39. The average household income is $115,711 which is above the national average. College graduates make up 33.6% of residents. A majority of residents in Romney are home owners, with 13.6% of residents renting and 86.4% of residents owning their home. A
local real estate agent serving Romney can help you decide if this neighborhood is the right one for you. Learn more on our
Romney neighborhood guide.
How much do you need to make to afford a house in Romney?
The median home price in Romney is $1,850,000. If you put a 20% down payment of $370,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $9,590 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $411K a year to afford the median home price in Romney. The average household income in Romney is $116K.
What are the best public schools in Romney?
The best public schools that serve Romney are:
What are the most popular zip codes in Romney, Linden, IN?
What are the most popular neighborhoods near Romney, Linden, IN?
Home Trends in Romney, IN
On average, homes in Romney, Linden sell after 6 days on the market compared to the national average of 70 days. The median sale price for homes in Romney, Linden over the last 12 months is $1,850,000.
Median Sale Price
$1,850,000
Median Single Family Sale Price
$960,350
Median 2 Bedroom Sale Price
$1,850,000
Average Price Per Sq Ft
$558
Number of Homes for Sale
1
Last 12 months Home Sales
4
Median List Price
$1,850,000
Median Change From 1st List Price
0%