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

$348,358

AVERAGE PRICE OF 352 HOMES

$179,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$584,326

AVERAGE PRICE OF 33 NEWLY BUILT HOMES

$255,056

AVERAGE PRICE OF 23 HOMES WITH A POOL

$342,531

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $348,358
Avg Bedrooms 2.89 beds
Avg Bathrooms 1.79 baths

Average Price by Bedrooms

1 bedroom $186,318
2 bedrooms $273,878
3 bedrooms $343,766
4 bedrooms $474,201
5 bedrooms $731,217
Royal Oak Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 624 571 280 606 710
Average Price $349,563 $353,433 $339,185 $324,762 $323,148
Avg Price Change -1.11% +4.20% +4.44% +0.50% +1.33%
Median Price $313,387 $315,279 $301,905 $294,561 $290,812
Med Price Change -0.60% +4.43% +2.49% +1.29% +2.19%
Avg Bedrooms 2.86 beds 2.87 beds 2.84 beds 2.84 beds 2.87 beds
Avg Bathrooms 1.97 baths 2 baths 1.78 baths 1.96 baths 1.93 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 352 $348,358 48 days
Distressed Homes 1 $179,900 209 days
Newly Built Homes 33 $584,326 165 days
Homes with a Pool 23 $255,056 55 days
Reduced Price Homes 11 $342,531 18 days
Arterra Realty
Arterra Realty Michigan LLC
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

Arterra Realty Detroit LLC
Cocoon Building
2785 East Grand Blvd
Detroit, MI 48211
248-731-0048

Fair Housing/Equal Opportunity
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