$778 Closing Credit*
$65,500
1,684 SqFt
3 Beds
•1 Full Bath, 1 Partial
David S. VanDerlinde, Listing Office: Towpath Homes
Is Romulus, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Romulus was a Seller's Market.
Key Takeaway
Romulus is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Romulus, NY
How much do homes in Romulus, NY cost?
Median Sold Price
$303,500
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$146,500(-32.6%)
Key Takeaway
Homes in Romulus have sold for 32.6% less than they did a year ago.
Summary: The median home sold price in Romulus was $303,500 in November 2024, down 32.6% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $305K | N/A |
| 2 Bedrooms | $225K | $297K | +32.0% |
| 3 Bedrooms | $550K | $336K | -38.9% |
| 4 Bedrooms | $969K | $282.8K | -70.8% |
| 5+ Bedrooms | $1.8M | $618.4K | -65.6% |
Summary: Romulus housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32%, 3 bedroom homes decreased by 38.9%, 4 bedroom homes decreased by 70.8%, and 5+ bedroom homes decreased by 65.6%.
Median Sold Price Compared To Nearby Cities
| Ledyard | $380K | $329.9K | -13.2% |
| Romulus | $450K | $303.5K | -32.6% |
Housing Supply in Romulus, NY
How many homes are available in Romulus, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The Romulus real estate market had 10 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Romulus housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Romulus, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Romulus in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Romulus, NY
How long does it take to sell a home in Romulus, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 49 Days | +127.9% |
Summary: Homes in Romulus had an average of 49 days on market in Nov 2024, up by 127.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Romulus has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Romulus; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
IDX Disclaimer/Disclosure: The data on this website relating to real estate for sale comes in part from the IDX Program of the Multiple Listing Service of the Elmira-Corning Regional Association of REALTORS®, Inc.