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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

$498,454

AVERAGE PRICE OF 124 HOMES

$1,182,700

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$985,435

AVERAGE PRICE OF 17 NEWLY BUILT HOMES

$196,950

AVERAGE PRICE OF 2 HOMES WITH A POOL

$543,957

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $498,454
Avg Bedrooms 2.65 beds
Avg Bathrooms 2.2 baths

Average Price by Bedrooms

1 bedroom $130,725
2 bedrooms $376,324
3 bedrooms $378,566
4 bedrooms $805,599
5 bedrooms $1,216,483
Royal Oak Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 385 306 326 359 423
Average Price $449,678 $449,585 $457,041 $439,374 $425,342
Avg Price Change +0.02% -1.66% +4.02% +3.30% -3.86%
Median Price $360,120 $352,560 $357,316 $353,722 $351,583
Med Price Change +2.14% -1.35% +1.02% +0.61% -2.59%
Avg Bedrooms 2.77 beds 2.85 beds 2.89 beds 2.92 beds 2.89 beds
Avg Bathrooms 2.15 baths 2.15 baths 2.23 baths 2.07 baths 2.05 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 124 $498,454 24 days
Multi-Million Dollar Homes 14 $1,182,700 29 days
Newly Built Homes 17 $985,435 32 days
Homes with a Pool 2 $196,950 10 days
Reduced Price Homes 7 $543,957 27 days
Arterra Realty
429 Main St
Rochester, MI 48307
248-731-0048

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