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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

$489,751

AVERAGE PRICE OF 185 HOMES

$1,226,271

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$965,843

AVERAGE PRICE OF 16 NEWLY BUILT HOMES

$441,640

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price $489,751
Avg Bedrooms 2.79 beds
Avg Bathrooms 2.28 baths

Average Price by Bedrooms

1 bedroom $116,133
2 bedrooms $357,532
3 bedrooms $405,691
4 bedrooms $715,605
5 bedrooms $957,466
Royal Oak Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 670 384 116 85 18
Average Price $483,844 $498,973 $499,983 $478,576 $413,761
Avg Price Change -3.13% -0.20% +4.47% +15.66% -3.12%
Median Price $380,173 $384,550 $391,105 $382,919 $343,405
Med Price Change -1.15% -1.70% +2.14% +11.51% +0.22%
Avg Bedrooms 2.71 beds 2.7 beds 2.64 beds 2.52 beds 2.5 beds
Avg Bathrooms 2.28 baths 2.29 baths 2.23 baths 2.21 baths 2.24 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Royal Oak High School 2 $374,900 16 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 185 $489,751 37 days
Multi-Million Dollar Homes 14 $1,226,271 68 days
Newly Built Homes 16 $965,843 71 days
Reduced Price Homes 22 $441,640 33 days
Arterra Realty
429 Main St
Rochester, MI 48307
248-731-0048

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