Housing in Romulus, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$190,000
Median List Price
$202,450
Price Per Sq Ft
$144
Days on Market
51
Active Inventory
50
Months of Supply
3.3
Seller's market
Zillow Home Value
$195,679
ZHVI — January 2026
Zillow Rent Index
$1,138
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
33.3%
Off Market in 2 Weeks
33.3%
Sale-to-List Ratio
99.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
15
New Listings
26
Pending Sales
21
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$144
Median List $/SF
$156
Romulus vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Romulus 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
$149,100
Median Rent
$1,050
Total Housing Units
9,909
Vacancy Rate
7.9%
Owner Occupied
70.8%
Renter Occupied
29.2%
Median Property Tax
$2,702
per year
Monthly Cost (w/ Mortgage)
$1,036
Housing Types
The current median sale price in Romulus, MI is $190,000 according to Redfin data. Homes spend a median of 51 days on the market. 33.3% of homes sold above asking price. The market has 3.3 months of supply. The median price per square foot is $144. Zillow's observed rent index is $1,138/month. About 70.8% of housing units are owner-occupied. The median year homes were built is 1972. There are 9,909 total housing units.