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

$347,756

AVERAGE PRICE OF 839 HOMES

$252,400

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,162,500

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$630,263

AVERAGE PRICE OF 73 NEWLY BUILT HOMES

$328,693

AVERAGE PRICE OF 70 HOMES WITH A POOL

$305,040

AVERAGE PRICE OF 54 REDUCED PRICE HOMES

Average Home

Average Price $347,756
Avg Bedrooms 2.87 beds
Avg Bathrooms 1.94 baths

Average Price by Bedrooms

1 bedroom $164,783
2 bedrooms $270,100
3 bedrooms $335,417
4 bedrooms $553,099
5 bedrooms $659,625
Royal Oak Home Price Trends
  6/2021 5/2021 4/2021 3/2021 2/2021
Total Listings 797 697 624 571 280
Average Price $349,978 $346,817 $349,563 $353,433 $339,185
Avg Price Change +0.91% -0.79% -1.11% +4.20% +4.44%
Median Price $300,802 $308,548 $313,387 $315,279 $301,905
Med Price Change -2.58% -1.57% -0.60% +4.43% +2.49%
Avg Bedrooms 2.89 beds 2.89 beds 2.86 beds 2.87 beds 2.84 beds
Avg Bathrooms 1.96 baths 1.98 baths 1.97 baths 2 baths 1.78 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Royal Oak 1 $299,000 34 days
Royal Oak High School 1 $265,000 21 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 839 $347,756 49 days
Distressed Homes 4 $252,400 112 days
Multi-Million Dollar Homes 4 $1,162,500 53 days
Newly Built Homes 73 $630,263 118 days
Homes with a Pool 70 $328,693 56 days
Reduced Price Homes 54 $305,040 33 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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