47981 Home Values & Market Trends

There are 8 homes currently listed for 47981. 47981 real estate market trends show that home prices range from $115,200 to $475,000, and the median sales price in the 47981 zip code is $244,839. The total number of properties sold within the past twelve months is 12. In 47981, 2 properties are in foreclosure, 2 are bank owned properties,and 0 are headed for auction.

47981 Real Estate Market Overview

CityMedian Est. Value
Romney

$ 244,839

$ 185/sqft

Housing Market Summary for 47981

Oct 2025October 2026Change
Median Listing Price$424.9K$295.1K-30.55%
Median Sold Price$320.4K$303.2K-5.36%
Homes For Sale6833.33%
Homes Sold2350.00%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 47981

The median list price of a home in Romney, is $244,839. A total of 8 properties are for sale, and the percentage of properties for sale in the zip code is 8.00%. The total count of 47981 properties is 15.

Foreclosure
There is 1 cities within 47981; within this cities, the median estimated home value for homes in foreclosure ranges from $240,619 in romney to the lowest value of $240,619 in romney. Foreclosure homes account for 13.00% of properties in 47981 with romney containing 2 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 47981 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 47981; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 47981 ranges from the highest value of $240,619 in romney to the lowest value of $240,619 in romney. Bank owned homes and properties account for 13.33% of properties in 47981. There is 1 cities within 47981; romney containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 47981. Auction homes and other auction properties account for 0% of all properties in 47981. There is 1 cities within 47981; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 53.33% of residential properties in 47981 with romney containing 8 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 47981; homes for sale in that cities, have a range of median values from $582,000 in romney to the lowest value of $189,900 in romney.
    Sold Homes
    The median value for recently sold homes ranges from $403,160 in romney to the lowest price of $204,488 in romney. There is 1 cities within 47981. romney has 3 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 20.00% of properties in 47981.

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      Guide for 47981

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.