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

$390,034

AVERAGE PRICE OF 590 HOMES

$249,900

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,466,100

AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES

$654,297

AVERAGE PRICE OF 96 NEWLY BUILT HOMES

$528,386

AVERAGE PRICE OF 63 HOMES WITH A POOL

$383,245

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $390,034
Avg Bedrooms 2.94 beds
Avg Bathrooms 2.08 baths

Average Price by Bedrooms

1 bedroom $209,080
2 bedrooms $306,181
3 bedrooms $357,471
4 bedrooms $603,473
5 bedrooms $384,900
Royal Oak Home Price Trends
  11/2021 10/2021 9/2021 8/2021 7/2021
Total Listings n/a 822 860 849 802
Average Price n/a $359,562 $350,631 $350,694 $344,392
Avg Price Change n/a +2.55% -0.02% +1.83% -1.62%
Median Price n/a $299,191 $298,786 $300,392 $300,154
Med Price Change n/a +0.14% -0.54% +0.08% -0.22%
Avg Bedrooms n/a 2.91 beds 2.91 beds 2.87 beds 2.87 beds
Avg Bathrooms n/a 1.94 baths 1.93 baths 1.95 baths 1.93 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Royal Oak High School 1 $239,999 37 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 590 $390,034 58 days
Distressed Homes 2 $249,900 38 days
Multi-Million Dollar Homes 10 $1,466,100 48 days
Newly Built Homes 96 $654,297 95 days
Homes with a Pool 63 $528,386 69 days
Reduced Price Homes 13 $383,245 46 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 Luxe Collection LLC
148 Pierce Street
Birmingham, MI 48009
248-731-0048

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