All Countries
Romeo, MI
Full City Profile · Michigan · Oakland County County
3.3
/5.0
B
Good
3,654
Population
1,692/sq mi density
$73,500
Median Income
$44,862 per capita
$245,700
Home Value
$416,318 Zillow
$1,010
Median Rent
22.2% income on rent
49°F
Avg Temperature
260 sunny days/yr
83
Violent Crime/100K
139 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$73,500 median income, 1.1% unemployment
A+
Affordability
4.8 / 5.0
$245,700 home value, $1,010/mo rent
F
Safety
1.0 / 5.0
83 violent crimes/100K
B
Education
3.2 / 5.0
27.3% bachelor's degree or higher
Housing Overview
Median Home Value
$245,700
13% below
US avg: $281,900
Median Rent
$1,010/mo
13% below
US avg: $1,163/mo
Homeownership Rate
60.7%
7% below US avg (65.4%)
Total Housing Units
1,834
Median year built: 1966
Home Value by Source
Census Median
$245,700
Zillow (ZHVI)
$416,318
Median Sale Price
$270,000
Median List Price
$275,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
60.7%
Owner-Occupied
39.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$1,010/mo
· Zillow rent:
$1,326/mo
Market Indicators (Redfin)
Median Days on Market
101 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
28.6%
of listings with price reduction
Price Per Sq Ft
$142
Active Inventory
14
homes for sale
Affordability & Housing Stock
Rent Burden
22.2%
of renters spending 30%+ of income on housing
28% below US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
60.7%
Complete Housing Data
Home Values
| Census Median Value | $245,700 |
| Zillow Home Value (ZHVI) | $416,318 |
| Median Sale Price | $270,000 |
| Median List Price | $275,000 |
| Price Per Sq Ft | $142 |
Rent
| Census Median Rent | $1,010 |
| Zillow Rent (ZORI) | $1,326 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 101 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 28.6% |
| Homes Sold | 1 |
| Active Inventory | 14 |
| Price Per Sq Ft | $142 |
Ownership & Stock
| Owner-Occupied | 60.7% |
| Renter-Occupied | 39.3% |
| Homeownership Rate | 60.7% |
| Total Housing Units | 1,834 |
| Median Year Built | 1966 |
| Rent Burden | 22.2% |