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Royal Oak

Why you'd want to live in Royal Oak

Royal Oak is a city in Oakland County, Michigan. It is a suburb of Detroit. As of the 2010 census, the city had a population of 57,236. It is the 8th-largest municipality in Oakland County and the 27th largest municipality in Michigan by population. 5.3 miles of walkable downtown sidewalks. Over 85 boutiques, salons and retail shops. 750 outdoor seats at over 70 restaurants. Must-see events and venues.That’s what makes Royal Oak, well, Royal Oak. A meeting place, a see and be seen place.

Royal Oak Market Report

$489,727

AVERAGE PRICE OF 252 HOMES

$489,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,885,847

AVERAGE PRICE OF 15 MULTI-MILLION DOLLAR HOMES

$1,006,607

AVERAGE PRICE OF 15 NEWLY BUILT HOMES

$331,038

AVERAGE PRICE OF 13 HOMES WITH A POOL

$328,770

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $489,727
Avg Bedrooms 2.57 beds
Avg Bathrooms 2.52 baths

Average Price by Bedrooms

1 bedroom $140,273
2 bedrooms $310,864
3 bedrooms $385,088
4 bedrooms $721,234
5 bedrooms $829,483
Royal Oak Home Price Trends
  11/2024 10/2024 9/2024 8/2024 7/2024
Total Listings 800 843 765 762 722
Average Price $480,801 $476,647 $477,543 $461,422 $473,052
Avg Price Change +0.87% -0.19% +3.49% -2.52% -2.28%
Median Price $371,829 $372,976 $360,556 $369,132 $382,191
Med Price Change -0.31% +3.44% -2.38% -3.54% +0.53%
Avg Bedrooms 2.57 beds 2.63 beds 2.69 beds 2.76 beds 2.76 beds
Avg Bathrooms 2.43 baths 2.45 baths 2.46 baths 2.29 baths 2.31 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 252 $489,727 62 days
Distressed Homes 1 $489,900 52 days
Multi-Million Dollar Homes 15 $1,885,847 94 days
Newly Built Homes 15 $1,006,607 92 days
Homes with a Pool 13 $331,038 57 days
Reduced Price Homes 10 $328,770 49 days
Arterra Realty
429 Main St
Rochester, MI 48307
248-731-0048

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