Much like the surrounding areas, it is substantially less expensive compared to the entire nation. However it is somewhat less expensive compared to the city of Fort Wayne.
Home prices
The median home in Roann is valued at $83,200. In comparison to the surrounding areas this is roughly $1,400 (1%) lower.Compared to the rest of the nation it is roughly $134,300 (61%) lower, and is about $31,900 (27%) lower in comparison to the city of Fort Wayne.
Rents
Roann's median rent is $663 a month. In comparison to its surrounding areas it is about $42 (5%) lower.In comparison to the entire country it is about $399 (37%) lower, and it is approximately $101 (13%) lower compared to the city of Fort Wayne.
Nearby places
Laketon
Laketon is about 6 miles northeast of Roann. Its housing prices are fairly similar. The median home in Laketon costs $86,900, which is $3,700 (4%) higher than Roann. Rent there is fairly similar. The median rent in Laketon is $636 a month, which comes out to $27 (4%) lower than Roann.
Denver
Denver is roughly 7 miles southwest of Roann. Housing prices there are a little less expensive. Denver's median home cost is $76,000, which works out to $7,200 (9%) lower than Roann. Rents there are a little more expensive. In Denver the median rent is $760 per month, which is $97 (12%) higher than Roann.
Wabash
Wabash is roughly 8 miles southeast of Roann. The housing prices there are similar. Wabash's median home value is $82,400, which is very similar to Roann. Rents there are pretty similar. The median monthly rent in Wabash is $663, which is very similar to Roann.
North Manchester
North Manchester is roughly 9 miles northeast from Roann. Its real estate prices are somewhat more expensive. North Manchester's median home value is $94,900, which works out to $11,700 (12%) higher than Roann. Rent there is a bit more expensive. The median rent in North Manchester is $781 a month, which works out to $118 (15%) higher than Roann.
Akron
Akron is approximately 9 miles northwest of Roann. Its housing prices are fairly similar. The median home in Akron costs $82,800, which is very similar to Roann. Rent there is fairly similar. Akron's median rent is $685 per month, which works out to $22 (3%) higher than Roann.