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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

$450,010

AVERAGE PRICE OF 512 HOMES

$1,141,271

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$805,046

AVERAGE PRICE OF 86 NEWLY BUILT HOMES

$526,530

AVERAGE PRICE OF 40 HOMES WITH A POOL

$441,592

AVERAGE PRICE OF 28 REDUCED PRICE HOMES

Average Home

Average Price $450,010
Avg Bedrooms 2.98 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $242,923
2 bedrooms $365,215
3 bedrooms $393,161
4 bedrooms $690,336
5 bedrooms $795,000
Royal Oak Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 480 375 343 368 366
Average Price $456,758 $456,868 $461,068 $428,079 $444,125
Avg Price Change -0.02% -0.92% +7.71% -3.75% +3.69%
Median Price $376,977 $372,547 $364,645 $351,212 $355,218
Med Price Change +1.19% +2.17% +3.82% -1.14% +2.26%
Avg Bedrooms 3.02 beds 3.01 beds 2.94 beds 2.95 beds 3.04 beds
Avg Bathrooms 2.11 baths 2.14 baths 2.14 baths 2.01 baths 1.94 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 512 $450,010 47 days
Multi-Million Dollar Homes 14 $1,141,271 31 days
Newly Built Homes 86 $805,046 80 days
Homes with a Pool 40 $526,530 104 days
Reduced Price Homes 28 $441,592 38 days
Arterra Realty
425 South Main Street, Suite 101
Rochester, MI 48307
248-731-0048

Fair Housing/Equal Opportunity
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