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Romulus, Michigan

Realtor Sep 2026 · ACS 2024

Market Read

Sale-side figures are in. Rents for this city are still loading.

Demand outpaces supply. Hotness 74/100, supply score 69, homes go under contract 11.8% faster than the US median, at 58% of US prices. See the sale evidence ↓
Tenant economics are strong. Median household income $67K, +2.1% YoY (ZIP); renters hold 25.8% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is −9.5% YoY. inventory, −15.1% YoY, is the number to watch.

Gross Rental Yield

–

Rents still loading

Rent-to-Price

–

Rents still loading

Gross Rent Multiplier

–

Rents still loading

Asking vs Voucher

–

Rents still loading

Computed from this page's data: median listing $244,225 (Realtor). The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

1 ZIP in this city:48174

Market Hotness

74 / 100Realtor.com competitiveness composite

national · lower = hotter

0–100 · supply + demand

higher = tighter supply

higher = stronger demand

−11.8%

homes sell faster here

58%

of national median · below avg

Median Listing Price

$244K

Population

32,211

12,362

Median Days on Market

Active Listings

New Listings

Neighborhood Map

Loading the map

Housing Market

The median listing price is down 9.5% YoY while the median home got up 2.1% bigger, so value per square foot is up 9.3%.

Pricing

Median Listing Price

$244K-9.5% YoY

Average Listing Price

$281K-1.3% YoY

Price per Sq Ft

$188+9.3% YoY

Median Sq Ft

1,429+2.1% YoY

Inventory

Active Listings

47-9.6% YoY

New Listings

32-23.8% YoY

Total Listings

79-15.1% YoY

Buyer Competition

Pending Listings

32-13.5% YoY

Pending Ratio

0.67-5.8% YoY

Median Days on Market

49+53.1% YoY

Price Reduced

17.4%+81.4% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 801,083

801Kunits

Occupied700,59187.5%

Vacant100,49212.5%

2024 Tenure ⓘ

U.S. Census ACS · n = 700,591

701Koccupied

Owner453,65264.8%

Renter246,93935.2%

Renter Share

35.2%-0.8% YoY

Total Housing Units

801,083+0.6% YoY

FY2026 Fair Market Rent

CountyWayne County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,009

/month

1 BR

$1,122

/month

2 BR

$1,411

/month

3 BR

$1,724

/month

4 BR

$1,868

/month

FMR trends · Wayne County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 25.8% of this ZIP's 12,362 occupied households, on a median household income of $67K.

Population & Age

Total Population

32,211+1.3% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 32,211

32Kresidents

Under 188,21425.5%

Adults 18–6418,93858.8%

65 & Over5,05915.7%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

37.40-1.6% YoY

Population Under 18

8,214-0.3% YoY

Population 65 & Over

5,059+6.7% YoY

Households & Mobility

Total Households

12,362+2.2% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.59-1.1% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house91.2%

Moved (within US)8.6%

Other0.2%

Veterans

3.9%-23.5% YoY

Income & Poverty

Median Household Income

$67K+2.1% YoY

Per-Capita Income

$31K+2.5% YoY

Mean Household Income

$79K+2.1% YoY

Below Poverty Level

13.3%+19.8% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone79.2%

Public transit0.0%

Worked from home8.8%

Other12.0%

Worked From Home

8.8%-6.4% YoY

Mean Commute

25.50+0.8% YoY

Units & Tenure

Total Housing Units

13,403+2.1% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 13,403

13Kunits

Occupied12,36292.2%

Vacant1,0417.8%

2024 Tenure ⓘ

U.S. Census ACS · n = 12,362

12Khouseholds

Owner9,17174.2%

Renter3,19125.8%

Avg Household Size — Owner

2.68+3.1% YoY

Avg Household Size — Renter

2.34-12.7% YoY

County Demographics

County population is down 0.1% to 1,772,259: residents under 18 are down 0.6% and those 65 and over are up 2.5%.

Median Age

37.92024

Population

Wayne County Population

1,771,063+0.5% YoY

Households

Total Households

700,591+1.0% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.50-1.2% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 1,772,259

1.8Mresidents

Under 18418,68723.6%

Adults 18–641,060,04959.8%

65 & Over293,52316.6%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

418,687-0.6% YoY

Population 65 & Over

293,523+2.5% YoY

Median Age

37.90+0.3% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house89.9%

Moved (within US)9.4%

Other0.7%

Veterans

4.8%-5.9% YoY

County Economy

County median household income is $61K, 20.8% of residents are below the poverty level, 14.1% work from home.

Income

Median Household Income

$61K+1.7% YoY

Per-Capita Income

$35K+2.8% YoY

Mean Household Income

$86K+2.1% YoY

Poverty

Below Poverty Level

20.8%+3.5% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone71.9%

Public transit1.8%

Worked from home14.1%

Other12.2%

Worked From Home

14.1%+13.7% YoY

Mean Commute

24.70-1.2% YoY

Done with Romulus? Put it next to another market.

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Romulus, Michigan

Realtor Sep 2026 · ACS 2024

Market Read

Sale-side figures are in. Rents for this city are still loading.

Demand outpaces supply. Hotness 74/100, supply score 69, homes go under contract 11.8% faster than the US median, at 58% of US prices. See the sale evidence ↓
Tenant economics are strong. Median household income $67K, +2.1% YoY (ZIP); renters hold 25.8% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is −9.5% YoY. inventory, −15.1% YoY, is the number to watch.

Gross Rental Yield

–

Rents still loading

Rent-to-Price

–

Rents still loading

Gross Rent Multiplier

–

Rents still loading

Asking vs Voucher

–

Rents still loading

1 ZIP in this city:48174

Market Hotness

74 / 100Realtor.com competitiveness composite

national · lower = hotter

0–100 · supply + demand

higher = tighter supply

higher = stronger demand

−11.8%

homes sell faster here

58%

of national median · below avg

Median Listing Price

$244K

Population

32,211

12,362

Median Days on Market

Active Listings

New Listings

Neighborhood Map

Loading the map

Housing Market

The median listing price is down 9.5% YoY while the median home got up 2.1% bigger, so value per square foot is up 9.3%.

Pricing

Median Listing Price

$244K-9.5% YoY

Average Listing Price

$281K-1.3% YoY

Price per Sq Ft

$188+9.3% YoY

Median Sq Ft

1,429+2.1% YoY

Inventory

Active Listings

47-9.6% YoY

New Listings

32-23.8% YoY

Total Listings

79-15.1% YoY

Buyer Competition

Pending Listings

32-13.5% YoY

Pending Ratio

0.67-5.8% YoY

Median Days on Market

49+53.1% YoY

Price Reduced

17.4%+81.4% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 801,083

801Kunits

Occupied700,59187.5%

Vacant100,49212.5%

2024 Tenure ⓘ

U.S. Census ACS · n = 700,591

701Koccupied

Owner453,65264.8%

Renter246,93935.2%

Renter Share

35.2%-0.8% YoY

Total Housing Units

801,083+0.6% YoY

FY2026 Fair Market Rent

CountyWayne County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,009

/month

1 BR

$1,122

/month

2 BR

$1,411

/month

3 BR

$1,724

/month

4 BR

$1,868

/month

FMR trends · Wayne County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 25.8% of this ZIP's 12,362 occupied households, on a median household income of $67K.

Population & Age

Total Population

32,211+1.3% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 32,211

32Kresidents

Under 188,21425.5%

Adults 18–6418,93858.8%

65 & Over5,05915.7%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

37.40-1.6% YoY

Population Under 18

8,214-0.3% YoY

Population 65 & Over

5,059+6.7% YoY

Households & Mobility

Total Households

12,362+2.2% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.59-1.1% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house91.2%

Moved (within US)8.6%

Other0.2%

Veterans

3.9%-23.5% YoY

Income & Poverty

Median Household Income

$67K+2.1% YoY

Per-Capita Income

$31K+2.5% YoY

Mean Household Income

$79K+2.1% YoY

Below Poverty Level

13.3%+19.8% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone79.2%

Public transit0.0%

Worked from home8.8%

Other12.0%

Worked From Home

8.8%-6.4% YoY

Mean Commute

25.50+0.8% YoY

Units & Tenure

Total Housing Units

13,403+2.1% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 13,403

13Kunits

Occupied12,36292.2%

Vacant1,0417.8%

2024 Tenure ⓘ

U.S. Census ACS · n = 12,362

12Khouseholds

Owner9,17174.2%

Renter3,19125.8%

Avg Household Size — Owner

2.68+3.1% YoY

Avg Household Size — Renter

2.34-12.7% YoY

County Demographics

County population is down 0.1% to 1,772,259: residents under 18 are down 0.6% and those 65 and over are up 2.5%.

Median Age

37.92024

Population

Wayne County Population

1,771,063+0.5% YoY

Households

Total Households

700,591+1.0% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.50-1.2% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 1,772,259

1.8Mresidents

Under 18418,68723.6%

Adults 18–641,060,04959.8%

65 & Over293,52316.6%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

418,687-0.6% YoY

Population 65 & Over

293,523+2.5% YoY

Median Age

37.90+0.3% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house89.9%

Moved (within US)9.4%

Other0.7%

Veterans

4.8%-5.9% YoY

County Economy

County median household income is $61K, 20.8% of residents are below the poverty level, 14.1% work from home.

Income

Median Household Income

$61K+1.7% YoY

Per-Capita Income

$35K+2.8% YoY

Mean Household Income

$86K+2.1% YoY

Poverty

Below Poverty Level

20.8%+3.5% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone71.9%

Public transit1.8%

Worked from home14.1%

Other12.2%

Worked From Home

14.1%+13.7% YoY

Mean Commute

24.70-1.2% YoY

Done with Romulus? Put it next to another market.