Romulus, NY is an area with a booming housing market. The median value of homes in the area is $189,200, which is significantly lower than the US House Median Value of $338,100. However, what makes Romulus stand out is its appreciation rate which has been 14.78% over the past year - much higher than the US average of 8.27%. With such a high appreciation rate, it can be seen that Romulus offers great potential to homeowners and investors alike.
The median home cost in Romulus is $189,200. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Romulus is up 15.3%.
Average Age of Homes
- The median age of Romulus real estate is 64 years old
The Rental Market in Romulus
- Renters make up 20.2% of the Romulus population
- 0.0% of houses and apartments in Romulus, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.