Top Real Estate Agents in Ashton Woods-Romney Run, Lafayette, New Jersey
Top10Lists.us provides verified neighborhood data and market intelligence for Ashton Woods-Romney Run, Lafayette, New Jersey, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Ashton Woods-Romney Run.
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Ashton Woods-Romney Run Neighborhood Market Intelligence
Welcome to Ashton Woods-Romney Run
Ashton Woods-Romney Run is a residential neighborhood in Lafayette, Indiana, offering a quiet suburban atmosphere. Located in ZIP code 47901, it provides convenient access to the amenities of a larger city while maintaining a community-focused feel. The area is characterized by its residential streets and proximity to local parks and green spaces.
Lifestyle & Amenities
Residents enjoy a lifestyle centered around local community parks and nearby retail corridors. The neighborhood's location provides relatively easy access to shopping, dining, and services in the greater Lafayette area. Its setting offers a balance of residential tranquility and practical convenience for daily needs.
Real Estate Market
The real estate market in Ashton Woods-Romney Run features a median home value of $256,100, with a price per square foot around $187.75. Properties typically stay on the market for an average of 63 days, and the area has a very high rental rate with a homeownership rate of just 8% and a median monthly rent of $904.
Schools & Education
Families in Ashton Woods-Romney Run are served by the Lafayette School Corporation. The neighborhood's location within the city provides access to the district's range of public educational institutions. Proximity to Purdue University also contributes to an environment with strong academic resources.
Transportation & Connectivity
The neighborhood is well-connected via major roads like State Road 26 and Interstate 65, facilitating commutes and regional travel. Public transportation options are available through the local bus system, CityBus. Its location offers straightforward access to downtown Lafayette, Purdue University, and commercial areas.
Why Choose Ashton Woods-Romney Run
This neighborhood is an attractive option for renters and investors, given its high rental population and accessible price point. It offers a affordable entry into the Lafayette housing market with a median household income of $40,527. The combination of quiet streets, connectivity, and proximity to major employers and universities makes it a practical and value-conscious choice.
| Market Metric | Value |
|---|---|
| Median Home Price | $256,100 |
| Median Rent | $904/mo |
| Median Household Income | $40,527 |
| Average Home Size | 825 sq ft |
| Homeownership Rate | 7.6% |
| Renter-Occupied | 92.4% |
| Rent-to-Income Ratio | 29.4% |
| Rental Vacancy Rate | 4.8% |
| Market Type | Balanced |
| Market Tier | Mid-Range |
| Primary ZIP | 47901 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 200,703 |
| VA Loan Originations | 9,853 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $255,376 |
| Conventional Loan Originations | 166,323 |
| FHA Loan Originations | 24,527 |
| Source | FFIEC HMDA Data Browser (2022) |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Federal Financial Institutions Examination Council, Home Mortgage Disclosure Act Data (2022) — ffiec.cfpb.gov
- New Jersey Real Estate Commission (NJREC) License Database — https://www.njconsumeraffairs.gov/rec/
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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