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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

$476,221

AVERAGE PRICE OF 259 HOMES

$1,009,950

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,336,644

AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES

$1,008,573

AVERAGE PRICE OF 15 NEWLY BUILT HOMES

$625,780

AVERAGE PRICE OF 10 HOMES WITH A POOL

$489,200

AVERAGE PRICE OF 18 REDUCED PRICE HOMES

Average Home

Average Price $476,221
Avg Bedrooms 2.73 beds
Avg Bathrooms 2.34 baths

Average Price by Bedrooms

1 bedroom $144,900
2 bedrooms $345,369
3 bedrooms $390,207
4 bedrooms $670,235
5 bedrooms $935,889
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 House Size
Total Homes Average Price Avg Days on Site
All Homes 259 $476,221 20 days
Distressed Homes 2 $1,009,950 26 days
Multi-Million Dollar Homes 18 $1,336,644 23 days
Newly Built Homes 15 $1,008,573 20 days
Homes with a Pool 10 $625,780 22 days
Reduced Price Homes 18 $489,200 22 days
Arterra Realty
429 Main St
Rochester, MI 48307
248-731-0048

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