Is Romulus, NY 14541 a buyer’s or seller’s market?
Romulus is a seller’s market. With about 2.6 months of supply and 40% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Romulus housing market right now
In the three months ending August 31, 2026, 40% of homes in Romulus, NY 14541 sold above their list price, the typical home went under contract in 13 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 33%, homes sold faster (22 days then) and the median sale price rose 59% to $525,772. Overall, Romulus is more competitive than a year ago, so tougher for buyers.
Within Seneca County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in 60%.
Nearby, buyers who want less competition could look at Lodi 14860 (0% sold over asking) or Interlaken 14847 (0% sold over asking), while Seneca Falls 13148 (48% sold over asking) and Waterloo 13165 (44% sold over asking) are even more competitive.
Run the numbers for 14541
Nearby markets
Interlaken 14847Balanced $163 /sq ftLodi 14860Buyer’s market $111 /sq ftOvid 14521Seller’s market $112 /sq ftSeneca Falls 13148Seller’s market $124 /sq ft Browse all markets →Towns like Romulus nearby
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Questions about Romulus real estate
Is Romulus a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Romulus, NY 14541 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Romulus?
The typical home went under contract in 13 days in the latest three months.
Do homes in Romulus sell over asking?
40% of homes sold above their original list price, and the typical sale closed at 100.2% of the list price.
What are property taxes in Romulus?
About 2.19% of a home’s value a year in Seneca County, or roughly $8,760 on a $400,000 home.
What is the median home price in Romulus?
The median sale price was $525,772 in the three months ending August 31, 2026, about $311 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology