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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

$452,343

AVERAGE PRICE OF 184 HOMES

$489,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,247,182

AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES

$1,094,892

AVERAGE PRICE OF 12 NEWLY BUILT HOMES

$312,055

AVERAGE PRICE OF 9 HOMES WITH A POOL

$308,528

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $452,343
Avg Bedrooms 2.51 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $161,566
2 bedrooms $302,371
3 bedrooms $393,616
4 bedrooms $804,746
5 bedrooms $936,974
Royal Oak Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 661 800 843 765 762
Average Price $488,232 $480,801 $476,647 $477,543 $461,422
Avg Price Change +1.55% +0.87% -0.19% +3.49% -2.52%
Median Price $374,605 $371,829 $372,976 $360,556 $369,132
Med Price Change +0.75% -0.31% +3.44% -2.38% -3.54%
Avg Bedrooms 2.59 beds 2.57 beds 2.63 beds 2.69 beds 2.76 beds
Avg Bathrooms 2.47 baths 2.43 baths 2.45 baths 2.46 baths 2.29 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 184 $452,343 83 days
Distressed Homes 1 $489,900 90 days
Multi-Million Dollar Homes 11 $1,247,182 119 days
Newly Built Homes 12 $1,094,892 125 days
Homes with a Pool 9 $312,055 78 days
Reduced Price Homes 7 $308,528 51 days
Arterra Realty
429 Main St
Rochester, MI 48307
248-731-0048

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