Old Romema: Detailed Overview and Real Estate Market Statistics 2025–2026 (856)
Old Romema is one of the most convenient, green, and well‑located neighborhoods in central Haifa. Situated near New Romema, Ramot Romema, Neve Shaanan, and Kiryat Ata, it combines older construction, a family‑friendly atmosphere, and excellent infrastructure.
The neighborhood is known for its proximity to the Grand Canyon Mall, major transportation routes, schools, and religious institutions. Old Romema attracts families, religious communities, tech workers, lecturers, and investors seeking a central location and a stable real‑estate market.
Neighborhood Profile
Old Romema offers:
- a quiet, family‑oriented atmosphere
- green streets and low‑density construction
- a mix of older buildings and selective new developments
- proximity to Grand Canyon Mall, IKEA, the Technion, and MATAM
- excellent access to Highways 6, 4, and 75
- strong infrastructure: schools, kindergartens, synagogues
- high safety levels
- a variety of housing types
The neighborhood is ideal for families, religious residents, tech professionals, lecturers, and investors.
Average Property Prices
Based on recent market data and transactions:
| Property Type | Average Price |
| 3 rooms | ₪1,450,000–1,950,000 |
| 4 rooms | ₪1,900,000–2,700,000 |
| 5 rooms | ₪2,700,000–3,600,000 |
| New construction | ₪2,900,000–4,200,000 |
| Private homes | ₪3,800,000–7,500,000 |
| Penthouses | ₪4,200,000–6,800,000 |
Price per square meter
13,500–19,500 ₪ — lower than New Romema, but above the Haifa average.
Demand and Number of Transactions
Demand:
- high and stable
- strong demand among families and religious communities
- high rental demand due to proximity to the Technion and MATAM
- growing interest in new developments
Supply:
- limited
- older buildings sell quickly
- new projects appear selectively
Number of transactions:
30–45 per year — a stable volume for the neighborhood.
Factors Influencing Property Values
- central location
- proximity to Grand Canyon Mall and major highways
- family‑friendly and religious atmosphere
- limited supply
- high rental demand
- gradual neighborhood renewal
Old Romema is considered one of the most convenient and liquid real‑estate markets in central Haifa.
Forecast for 2026
Expected trends:
- price growth of 4–7%
- increased demand for 3–4 room apartments
- rising interest in Tama 38 projects
- stronger demand from families and religious communities
The neighborhood continues to strengthen its status as a convenient, green, and desirable area.
Conclusion
Old Romema is ideal for those who value a central location, a calm atmosphere, and strong infrastructure.
It is suitable for families, religious residents, tech workers, lecturers, and investors.
For buyers — an opportunity to purchase property in one of Haifa’s most convenient neighborhoods.
For sellers — stable demand ensures favorable selling conditions.
For investors — a low‑risk, stable‑yield market.
Unehasim Recommendations
- Consider the neighborhood as a stable investment in central Haifa.
- Buyers: pay attention to the condition of older buildings and renewal projects.
- Sellers: benefit from high demand and limited supply.
- Investors: focus on 3–4 room apartments for rental demand.
- Families: enjoy comfortable living close to essential infrastructure.
Professional Legal Support by Unehasim
The Unehasim team works exclusively in Haifa and specializes in legal support for real‑estate transactions within the city.
We assist with:
- full legal due diligence
- identifying risks in older buildings
- verifying land status and ownership rights
- drafting and reviewing contracts
- guiding the transaction from start to finish
- protecting the interests of buyers and sellers
