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Romeo - Town vs. County Stats
Avg Price in Romeo: $416,400 / County Avg $289,900
Avg Taxes in Romeo: $2,000 / County Avg $2,800
Avg Sq. Ft. in Romeo: 2,582 / County Avg 1,985
Avg Price per/ft2 in Romeo: $161 / County Avg $146
Avg Walkscore in Romeo: 28 / County Avg 31
Avg Year Built in Romeo: 1973 / County Avg 1979
Avg Days on Website in Romeo: 263 / County Avg 73
Romeo Real Estate Market Health
Romeo is known for its Peach Festival, which takes place every year during Labor Day weekend. This event dates back to 1931 and includes a car show, floral parade, craft show, and many other downtown events.
Tillson Street is known for its elaborate Halloween decorations. Thousands trick-or-treat Tillson Street every Halloween to see the homeowners' one of a kind Halloween stages.
On February 14 of each year, the village of Romeo offers a special dual postmark with the community of Juliette, Georgia. This tradition began in 1994, as a nod to the William Shakespeare play, Romeo and Juliet.
Originally named Indian Village, the settlement that became Romeo was first inhabited by Chippewa Indians. In the 1820s and 1830s more families began to settle in the area and establish residences and businesses. Indian village became Hoxie's Settlement, named after an individual who opened an Inn on main street. In 1839, Hoxie's Settlement became incorporated and renamed the village of Romeo. Romeo celebrated its 175th Anniversary as of March 9, 2013.
Romeo once served as a hub for the timber industry, and many wealthy timber families resided there. Dozens of stately Victorian mansions survive. Romeo is distinct in the area for having a fairly robust traditional downtown which has never seen a major fire. Because of this, there are stores and restaurants downtown that have original tin ceilings from as long ago as the Civil War. Romeo was also an early participant in the automobile industry, serving as home to the Detroit Auto Vehicle Company from 1904 until 1908. It was the scene of a riot in 1913, when Afro-Americans destroyed the local jail.