Romulus, MI

Seller's market-39.0% YoY

Housing market overview · Updated weekly

$180,000median sale price

Homes sold

16

Last 12 weeks

Days on market

60

Average pace

Active listings

35

2.2 months supply

Sale-to-list

100.7%

Above asking

The Romulus housing market is currently classified as a seller's market with a median sale price of $180,000. Prices have fallen 39.0% compared to last year, with homes spending an average of 60 days on market, indicating 2.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Romulus

There are currently 35 homes listed for sale in Romulus, Michigan. The median listing price is $200K.

Active listings

35

Homes on market

Median list price

$200K

Avg. days on market

60

Days until sale

New this week

11

Newly listed

Price drops:17.1%of listings
Sale-to-list:100.7%

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Frequently asked questions

What is the average home price in Romulus?

The median home sale price in Romulus is $180,000, down 39.0% from last year.

How long do homes stay on market in Romulus?

Homes typically spend 60 days on market before going under contract.

Is Romulus a buyer's or seller's market?

With 2.2 months of supply, Romulus is currently a seller's market.

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