Is Romulus, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Romulus was a Buyer's Market.
Key Takeaway
Romulus is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Romulus, NY cost?
Median Sold Price
$660,000
$312/sqft
Based on all homes sold in December 2022.
Difference Since Last Month
+$250,000(+61.0%)
Key Takeaway
Homes in Romulus have sold for 61% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS | Nov 2022 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $225K | N/A |
| 3 Bedrooms | $410K | $1.0M | +167.1% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
How many homes are available in Romulus, NY?
Number of Homes For Sale
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 8 | 5 | -37.5% |
Homes For Sale By Bedroom Count
| # BEDS | Nov 2022 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Number of Homes Sold
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Romulus, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Average Sale Time
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 13 Days | 8 Days | -38.5% |
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Romulus are selling fast, if you're buying plan to act quickly.
