House Prices

House Prices & Home Values Romulus, MI 2026


Average Data

average house price$213,296
average size per house1542 ft²
average price per ft²139 $ / ft²

04/05/2026 - The value range (VR) for house prices in Romulus, MI is $155/ sqft to $155/ sqft. An average home with 1542 sqft costs approximately $239,010 to $239,010. Romulus, MI includes 1 ZIP codes and it is located in Wayne county. The lowest prices are found in ZIP 48174, while the highest are in ZIP 48174. The average price per sqare feet is $139. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes Romulus

48174158 $ / ft²




Historical development of home values in Romulus

Year Estimated value (USD) Change vs. 2025
2010 $99,059 -53.6%
2011 $95,228 -55.4%
2012 $94,972 -55.5%
2013 $98,521 -53.8%
2014 $103,420 -51.5%
2015 $108,728 -49.0%
2016 $114,402 -46.4%
2017 $120,577 -43.5%
2018 $127,243 -40.3%
2019 $133,143 -37.6%
2020 $140,026 -34.4%
2021 $159,265 -25.3%
2022 $185,667 -13.0%
2023 $195,794 -8.2%
2024 $207,121 -2.9%
2025 $213,296 0.0%

Graph: estimated home values in Romulus over time (USD)



Example: 100% financing house in Romulus

Loan amount: $213,296

Interest rate: 6.00%

Fixed monthly payment: $1,278.82

Breakdown in the 1st month:
Interest portion: $1,066.48  –  Principal portion: $212.34

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $12,726.51 $2,619.30 $210,676.70
2 $12,564.95 $2,780.85 $207,895.85
3 $12,393.44 $2,952.37 $204,943.48
4 $12,211.34 $3,134.47 $201,809.01
5 $12,018.02 $3,327.79 $198,481.22
6 $11,812.76 $3,533.04 $194,948.18
7 $11,594.85 $3,750.95 $191,197.22
8 $11,363.50 $3,982.30 $187,214.92
9 $11,117.88 $4,227.92 $182,987.00
10 $10,857.11 $4,488.69 $178,498.30
11 $10,580.26 $4,765.55 $173,732.76
12 $10,286.33 $5,059.47 $168,673.28
13 $9,974.28 $5,371.53 $163,301.75
14 $9,642.97 $5,702.84 $157,598.92
15 $9,291.23 $6,054.57 $151,544.34
16 $8,917.80 $6,428.01 $145,116.34
17 $8,521.34 $6,824.47 $138,291.86
18 $8,100.42 $7,245.39 $131,046.47
19 $7,653.54 $7,692.27 $123,354.20
20 $7,179.09 $8,166.71 $115,187.49
21 $6,675.39 $8,670.42 $106,517.07
22 $6,140.62 $9,205.19 $97,311.88
23 $5,572.86 $9,772.95 $87,538.93
24 $4,970.09 $10,375.72 $77,163.21
25 $4,330.14 $11,015.67 $66,147.54
26 $3,650.71 $11,695.09 $54,452.45
27 $2,929.38 $12,416.42 $42,036.02
28 $2,163.57 $13,182.24 $28,853.78
29 $1,350.52 $13,995.29 $14,858.49
30 $487.32 $14,858.49 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Romulus, MI


1500 sqft3900 sqft
Ø selling price$252,286$536,679
Ø fast selling$229,351$483,012
Ø high price sale$275,220$590,347

In 2026, houses in Romulus, MI will be offered at an average price of $139 per square foot. A 1,500 sqft home priced at $252,286 is 23.30% more expensive per square foot than a 3,900 sqft home priced at $536,679. Home prices in Romulus, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $371,548. Sellers who can wait longer may achieve a higher price of up to $454,114.


Romulus, MI: Gateway to Metro Detroit

Romulus, Michigan is a strategically located city in Wayne County at the heart of Metro Detroit.

Transportation and Access

Best known as the home of Detroit Metropolitan Wayne County Airport (DTW), Romulus, MI offers unmatched air travel access for residents and businesses.
Proximity to I-94 and I-275 makes Romulus a prime logistics and distribution hub, reducing drive times to Detroit, Ann Arbor, and the broader Great Lakes region.

Economy and Business

The local economy features airport services, hospitality, light manufacturing, and modern e-commerce facilities, including expansive fulfillment and sorting centers.
Visitors find convenient hotels, park-and-fly options, and diverse dining near DTW, while business travelers appreciate flexible meeting spaces and shuttle services.

Community and Lifestyle

Families in Romulus, Michigan enjoy community amenities such as Elmer Johnson Park, neighborhood playgrounds, and the Romulus Historical Museum.
Signature events like the Romulus Pumpkin Festival and community parades foster small-town spirit while drawing visitors from across Wayne County.

Real Estate and Services

Prospective residents will find a mix of single-family homes, new builds near major corridors, and affordable rentals close to schools and shopping.
Public safety, city services, and Romulus Community Schools support a welcoming environment for growth and long-term investment.

Why Choose Romulus, Michigan

Whether you?re catching a flight, launching a business, or settling down, Romulus, MI delivers location, convenience, and a friendly Midwestern lifestyle.



FAQ – Home Values in Romulus

What is the median home value in Romulus in 2026?

In 2026, the typical home value in Romulus is about $213,296 for an average home size of 1542 square feet. This corresponds to an average price of roughly $139 per square foot.

What is the average cost per square foot in Romulus?

In 2026, homes in Romulus sell for an average of around $139 per square foot, with a typical range between $155 and $155 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Romulus is about 1542 square feet, with an estimated 2026 value around $213,296.



Locations close to Romulus, MI

Saline, MI158 $ / ft²
Samaria, MI165 $ / ft²
South Lyon, MI170 $ / ft²
Rockwood, MI114 $ / ft²
Plymouth, MI182 $ / ft²
Pinckney, MI220 $ / ft²
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