Romulus, MI—48174
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$220,000
2.8% YoY Growth
Household Income
$65,700
32.8% YoY Growth
Days on Market
29
2.0% Longer YoY
Home Price Forecast
0.7%
Median Rent
$1,300
8.7% YoY Growth
1-Bed Rent
$915
15.5% YoY Growth
2-Bed Rent
$995
33.7% YoY Growth
3-Bed Rent
$1,500
7.1% YoY Growth
Home Price Trends — Romulus, MI
As of May '26, the median home price in Romulus, MI is $220,000, with a year-over-year change of 2.8%. This indicates that home prices in Romulus, MI are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $220,000 | 2.8% |
| Single Family | $214,000 | 2.9% |
| Condos | $273,000 | 3.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |