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ROMEO, MI 48065

Real Estate Market Report  ·  Macomb County
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The ROMEO, MI real estate market (48065) currently shows 45 active listings, with 15 pending sales. Homes are averaging 75 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 75 days on market compared to 34 days last year.

The median listing price has risen 34.5% year-over-year, from $511,031 to $687,473.

Whether you are buying or selling in ROMEO, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 11,313  ·  Density: 116.9/mi²  ·  Median household income: $94,048

Typical home value: $316,466  ·  Homeownership: 82.1%

Market Overview

Active Listings
45
⇧ 9.8% vs 41 last year
Pending
15
33% pending ratio
Median Price
$687,473
⇧ 34.5% vs $511,031 last year
Average Price
$874,915
⇧ 14.2% vs $765,790 last year
Days on Market
75
⇧ 120.6% vs 34 days last year

Price Per Square Foot

Median $/sqft
$247
⇧ 6.5% vs $232/sqft last year
Median Home Size
2,800 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 45 this year vs 41 last year
  • Days on market: 75 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $687,473 (+34.5% YoY)
  • Average: $874,915 (+14.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.3 miles — 588 listings ($392,831,940 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48065Romeo, MI 480650.0 mi39$34,399,872$657,945$882,048
48367Leonard, MI 483675.1 mi20$17,611,260$641,975$880,563
48003Almont, MI 480036.0 mi25$14,058,050$546,598$562,322
48363Oakland, MI 483637.9 mi29$50,268,687$1,491,250$1,733,403
48428Dryden, MI 484288.3 mi8$5,827,768$654,950$728,471
48002Allenton, MI 480028.7 mi6$3,740,760$359,900$623,460
48316Utica, MI 4831610.7 mi83$48,103,065$456,950$579,555
48062Richmond, MI 4806212.2 mi27$11,144,925$365,000$412,775
48371Oxford, MI 4837112.5 mi47$30,211,788$487,175$642,804
48042Macomb, MI 4804212.9 mi176$100,235,520$589,900$569,520
48307Rochester, MI 4830713.5 mi91$55,127,800$443,750$605,800
48041Memphis, MI 4804113.7 mi6$2,839,200$486,500$473,200
48455Metamora, MI 4845514.3 mi31$19,263,245$592,400$621,395

Frequently Asked Questions

How many homes are for sale in ROMEO, MI 48065?

As of April 2026, there are 45 active listings in ROMEO, MI (zip code 48065), compared to 41 the prior year.

What is the median home price in ROMEO, MI 48065?

The median listing price in ROMEO, MI 48065 is $687,473 as of April 2026, a 34.5% increase from $511,031 the prior year.

How long do homes stay on the market in ROMEO, MI?

Homes in ROMEO, MI 48065 spend an average of 75 days on the market before going under contract, compared to 34 days the prior year.

Is it a seller's or buyer's market in ROMEO, MI 48065?

Based on current inventory and days-on-market data as of April 2026, ROMEO, MI 48065 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 75 days on market compared to 34 days last year.

How much can I save on real estate commission in ROMEO, MI?

With SELL123.com's maximum 3% commission, sellers in ROMEO, MI 48065 save an estimated $13,749 compared to a typical 5% commission on the median listing price of $687,473. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.