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Foreclosure Homes in Romulus, MI

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Bredow-ave-Romulus-MI-48174
Foreclosure NEW
$163,030 EMV

Bredow Ave
Romulus, MI 48174

Middlebelt-rd-Romulus-MI-48174
Foreclosure NEW
$342,635 EMV

Middlebelt Rd
Romulus, MI 48174

Isabelle-st-Romulus-MI-48174
Foreclosure
$115,685 EMV

Isabelle St
Romulus, MI 48174

Biddle-st-Romulus-MI-48174
Foreclosure

Biddle St
Romulus, MI 48174

6 Charles-st-Romulus-MI-48174
Foreclosure
$117,810 EMV

Charles St
Romulus, MI 48174

3 Bed | 2 Bath | 1,608 Sq. Ft.

16 Harrison-Romulus-MI-48174
Foreclosure
$138,900 List Price

Harrison
Romulus, MI 48174

3 Bed | 2 Bath

5 Wabash-st-Romulus-MI-48174
Preforeclosure
$137,190 EMV

Wabash St
Romulus, MI 48174

2 Bed | 1 Bath | 1,489 Sq. Ft.

5 Bruce-st-Romulus-MI-48174
Preforeclosure
$104,380 EMV

Bruce St
Romulus, MI 48174

2 Bed | 1 Bath | 1,026 Sq. Ft.

5 Dexter-st-Romulus-MI-48174
Preforeclosure
$162,690 EMV

Dexter St
Romulus, MI 48174

3 Bed | 3 Bath | 1,919 Sq. Ft.

Ozga-st-Romulus-MI-48174
Bankruptcy
$89,845 EMV

Ozga St
Romulus, MI 48174

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Foreclosure Homes in Romulus, MI

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Romulus, MI area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Romulus, MI and much more. Save thousands at closing with home foreclosure listings in Romulus, MI — up to 75% off market value!


Top Reasons To Live In Romulus, MI In 2021

Romulus is located in Wayne, Michigan, with an estimated municipal population of 23,573 residents. All of the best foreclosed homes for sale in Romulus are located in the following zip code areas on Foreclosure.com: 48174 48242. The estimated population per square kilometer (.62 miles) in Romulus is 255.


Cost Of Living In Romulus, MI

So, about how much do homes cost in Romulus? The most recent median value of resident-owned homes in Romulus is 95,228. An estimated 64.4 percent of households in Romulus own their homes, with an average family size of 3.36. The median household income in Romulus is 51,504, with18.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Romulus, the median commute time of resident workers (in minutes) is 24.8. And last, but certainly not least, are you looking for homes to rent in Romulus? If so, the average rent price paid by renters in Romulus is 933, according to recent statistics.


Diversity And Demographics In Romulus, Michigan

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Romulus, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Romulus is 35.5, split between 47.8 percent male versus 52.2 female. The percentage of residents who report being married in Romulus is 38.7, with an average family size of 3.36.

The percentage of residents who report their race in Romulus is as follows:

White 53.8%
Black / African American 40.7%
Asian 1.5%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.2%
Other 0.8%

Looking for family-friendly neighborhoods in and/or near Romulus? Or maybe you are searching for 55+ active adult communities in and/or near Romulus?

The percentage of residents who report their age in Romulus is as follows:

Under 10 15.2%
Aged 10-19 14.3%
20s 12.4%
30s 13.7%
40s 13.4%
50s 13%
60s 9.9%
70s 5.7%
80+ 2.3%

Best Schools In Romulus, Michigan

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Romulus with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Romulus.


Pros And Cons Of Living In Romulus, Michigan

How do you know that living in -- or moving to -- Romulus is right where you need to be? Perhaps you grew up in Romulus or already live nearby; therefore, the decision to buy a home in Romulus is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Romulus for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Romulus:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Romulus.


Reasons To Move To Romulus, Michigan, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Romulus can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Romulus, meanwhile, can field multiple offers from more qualified buyers.

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