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

$353,986

AVERAGE PRICE OF 859 HOMES

$609,450

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,481,217

AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

$679,398

AVERAGE PRICE OF 74 NEWLY BUILT HOMES

$452,282

AVERAGE PRICE OF 47 HOMES WITH A POOL

$268,262

AVERAGE PRICE OF 68 REDUCED PRICE HOMES

Average Home

Average Price $353,986
Avg Bedrooms 2.92 beds
Avg Bathrooms 1.94 baths

Average Price by Bedrooms

1 bedroom $132,080
2 bedrooms $281,853
3 bedrooms $328,604
4 bedrooms $550,663
5 bedrooms $567,280
Royal Oak Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 849 802 797 697 624
Average Price $350,694 $344,392 $349,978 $346,817 $349,563
Avg Price Change +1.83% -1.62% +0.91% -0.79% -1.11%
Median Price $300,392 $300,154 $300,802 $308,548 $313,387
Med Price Change +0.08% -0.22% -2.58% -1.57% -0.60%
Avg Bedrooms 2.87 beds 2.87 beds 2.89 beds 2.89 beds 2.86 beds
Avg Bathrooms 1.95 baths 1.93 baths 1.96 baths 1.98 baths 1.97 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Royal Oak High 1 $249,900 15 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 859 $353,986 52 days
Distressed Homes 4 $609,450 24 days
Multi-Million Dollar Homes 12 $1,481,217 23 days
Newly Built Homes 74 $679,398 95 days
Homes with a Pool 47 $452,282 96 days
Reduced Price Homes 68 $268,262 32 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 Realty Detroit LLC
Cocoon Building
2785 East Grand Blvd
Detroit, MI 48211
248-731-0048

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