The Neighborhood I housing market is somewhat competitive. The median sale price of a home in Neighborhood I was $199K last month, up 12.6% since last year. The median sale price per square foot in Neighborhood I is $137, up 15.6% since last year.
What is the housing market like in Neighborhood I today?
In February 2025, Neighborhood I home prices were up 12.6% compared to last year, selling for a median price of $199K. On average, homes in Neighborhood I sell after 48 days on the market compared to 9 days last year. There were 8 homes sold in February this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$199,250
+12.6% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Neighborhood I, MI
$199,250
+12.6%
United States
To compare other locations to the Neighborhood I and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Romulus add value to a home.
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How hot is the Neighborhood I housing market?
Neighborhood I is somewhat competitive. Homes sell in 28 days.
0
100
47
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 28 days.
Hot homes
can sell for about 3% above list price and go pending in around 10 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.7%
-2.3 pt YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Neighborhood I housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Neighborhood I.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Neighborhood I has a minor risk of flooding. 100 properties in Neighborhood I are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Neighborhood I. Flood risk is increasing faster than the national average.
42% of properties are at risk of wildfire over the next 30 years
Fire Factor
Neighborhood I has a moderate risk of wildfire. There are 876 properties in Neighborhood I that have some risk of being affected by wildfire over the next 30 years. This represents 42% of all properties in Neighborhood I.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Neighborhood I has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Neighborhood I is most at risk from severe storms. 2,058 properties in Neighborhood I have some risk of being in a severe wind event within the next 30 years.