Is Romeo, MI 48065 a buyer’s or seller’s market?

The Romeo housing market right now

In the three months ending August 31, 2026, 17% of homes in Romeo, MI 48065 sold above their list price, the typical home went under contract in 35 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 43 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 29%, homes sold more slowly (22 days then) and the median sale price rose 3% to $487,289. Overall, Romeo is less competitive than a year ago, which gives buyers more room.

Within Macomb County, homes here sell more slowly than in 97% of the county’s ZIP codes, and sell less often over asking than in 97%. On our competition score, Romeo ranks #385 of 510 MI ZIP codes with enough sales (score 45 out of 100).

Nearby, buyers who want less competition could look at New Haven 48050 (0% sold over asking), while Sterling Heights 48314 (49% sold over asking) and Sterling Heights 48313 (47% sold over asking) are even more competitive.