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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

$439,827

AVERAGE PRICE OF 371 HOMES

$1,150,000

AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

$821,305

AVERAGE PRICE OF 66 NEWLY BUILT HOMES

$388,873

AVERAGE PRICE OF 35 HOMES WITH A POOL

$330,812

AVERAGE PRICE OF 26 REDUCED PRICE HOMES

Average Home

Average Price $439,827
Avg Bedrooms 3 beds
Avg Bathrooms 2.01 baths

Average Price by Bedrooms

1 bedroom $173,700
2 bedrooms $316,497
3 bedrooms $385,918
4 bedrooms $760,384
5 bedrooms $657,899
Royal Oak Home Price Trends
  12/2022 11/2022 10/2022 9/2022 8/2022
Total Listings 438 531 632 695 724
Average Price $428,336 $407,876 $398,926 $395,984 $387,073
Avg Price Change +5.02% +2.24% +0.74% +2.30% -1.41%
Median Price $347,364 $329,877 $327,506 $332,123 $326,562
Med Price Change +5.30% +0.72% -1.41% +1.70% -1.70%
Avg Bedrooms 3.05 beds 2.98 beds 2.97 beds 2.95 beds 2.94 beds
Avg Bathrooms 1.84 baths 1.8 baths 1.78 baths 1.8 baths 1.8 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 371 $439,827 84 days
Multi-Million Dollar Homes 6 $1,150,000 84 days
Newly Built Homes 66 $821,305 131 days
Homes with a Pool 35 $388,873 113 days
Reduced Price Homes 26 $330,812 47 days
Arterra Realty
425 South Main Street, Suite 101
Rochester, MI 48307
248-731-0048


Arterra Realty Clinton Twp LLC
The Mall at Partridge Creek
17370 Hall Road, Suite 111B
Clinton Township, MI 48038
586-460-2040

Fair Housing/Equal Opportunity
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