Housing in Romeo, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$321,000

Median List Price

$310,000

Price Per Sq Ft

$188

Days on Market

121

Active Inventory

10

Months of Supply

3.3

Seller's market

Zillow Home Value

$410,924

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 7.0%List Price 16.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

95.3%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
20.0%

Market Activity

Source: Redfin

Homes Sold

3

New Listings

5

Pending Sales

3

Homes Sold 200.0%New Listings 16.7%Pending 50.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$188

Median List $/SF

$142

Sale $/SF 3.9%List $/SF 20.7%Mar 24Jan 26

Romeo vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Romeo is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$245,700

Median Rent

$1,010

Total Housing Units

1,814

Vacancy Rate

2.1%

Owner Occupied

60.7%

Renter Occupied

39.3%

Median Property Tax

$2,924

per year

Monthly Cost (w/ Mortgage)

$1,152

Housing Types

Single Family
69.4%
Multi-Family
27.5%
Mobile Home
3.1%

The current median sale price in Romeo, MI is $321,000 according to Redfin data. Homes spend a median of 121 days on the market. 0.0% of homes sold above asking price. The market has 3.3 months of supply. The median price per square foot is $188. The median rent is $1,010 per month (Census ACS). About 60.7% of housing units are owner-occupied. The median year homes were built is 1967. There are 1,814 total housing units.