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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

$472,169

AVERAGE PRICE OF 333 HOMES

$1,091,167

AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

$836,807

AVERAGE PRICE OF 72 NEWLY BUILT HOMES

$443,421

AVERAGE PRICE OF 27 HOMES WITH A POOL

$404,700

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $472,169
Avg Bedrooms 2.96 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $180,912
2 bedrooms $352,894
3 bedrooms $419,212
4 bedrooms $824,902
5 bedrooms $654,500
Royal Oak Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 368 366 438 531 632
Average Price $428,079 $444,125 $428,336 $407,876 $398,926
Avg Price Change -3.75% +3.69% +5.02% +2.24% +0.74%
Median Price $351,212 $355,218 $347,364 $329,877 $327,506
Med Price Change -1.14% +2.26% +5.30% +0.72% -1.41%
Avg Bedrooms 2.95 beds 3.04 beds 3.05 beds 2.98 beds 2.97 beds
Avg Bathrooms 2.01 baths 1.94 baths 1.84 baths 1.8 baths 1.78 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 333 $472,169 81 days
Multi-Million Dollar Homes 12 $1,091,167 21 days
Newly Built Homes 72 $836,807 125 days
Homes with a Pool 27 $443,421 166 days
Reduced Price Homes 8 $404,700 52 days
Arterra Realty
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

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