Romeo, MI
Housing market overview · Updated weekly
$270,000median sale price
Homes sold
1
Last 12 weeks
Days on market
101
Average pace
Active listings
14
14.0 months supply
Sale-to-list
90.0%
Below asking
The Romeo housing market is currently classified as a buyer's market with a median sale price of $270,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 101 days on market, indicating 14.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Romeo
There are currently 14 homes listed for sale in Romeo, Michigan. The median listing price is $275K.
Active listings
14
Homes on market
Median list price
$275K
Avg. days on market
101
Days until sale
New this week
7
Newly listed
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Frequently asked questions
What is the average home price in Romeo?
The median home sale price in Romeo is $270,000, down 0.0% from last year.
How long do homes stay on market in Romeo?
Homes typically spend 101 days on market before going under contract.
Is Romeo a buyer's or seller's market?
With 14.0 months of supply, Romeo is currently a buyer's market.
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