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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

$440,128

AVERAGE PRICE OF 369 HOMES

$1,117,082

AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

$879,434

AVERAGE PRICE OF 64 NEWLY BUILT HOMES

$274,080

AVERAGE PRICE OF 30 HOMES WITH A POOL

$294,757

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $440,128
Avg Bedrooms 2.88 beds
Avg Bathrooms 2.1 baths

Average Price by Bedrooms

1 bedroom $185,209
2 bedrooms $316,043
3 bedrooms $386,591
4 bedrooms $731,206
5 bedrooms $1,112,780
Royal Oak Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 423 472 479 485 484
Average Price $425,342 $441,774 $447,099 $445,910 $442,811
Avg Price Change -3.86% -1.21% +0.27% +0.70% -1.43%
Median Price $351,583 $360,697 $364,913 $371,972 $374,184
Med Price Change -2.59% -1.17% -1.93% -0.59% -0.61%
Avg Bedrooms 2.89 beds 2.95 beds 3.03 beds 3.01 beds 3.01 beds
Avg Bathrooms 2.05 baths 2.08 baths 2.1 baths 2.13 baths 2.12 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 369 $440,128 51 days
Multi-Million Dollar Homes 22 $1,117,082 98 days
Newly Built Homes 64 $879,434 95 days
Homes with a Pool 30 $274,080 65 days
Reduced Price Homes 14 $294,757 42 days
Arterra Realty
429 Main St
Rochester, MI 48307
248-731-0048

Fair Housing/Equal Opportunity
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