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Elena Marogy
586-383-1221

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

$449,490

AVERAGE PRICE OF 483 HOMES

$1,116,991

AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

$895,928

AVERAGE PRICE OF 62 NEWLY BUILT HOMES

$404,949

AVERAGE PRICE OF 17 HOMES WITH A POOL

$442,033

AVERAGE PRICE OF 30 REDUCED PRICE HOMES

Average Home

Average Price $449,490
Avg Bedrooms 3.03 beds
Avg Bathrooms 2.09 baths

Average Price by Bedrooms

1 bedroom $209,141
2 bedrooms $351,223
3 bedrooms $388,477
4 bedrooms $670,427
5 bedrooms $952,131
Royal Oak Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 485 484 507 480 375
Average Price $445,910 $442,811 $449,156 $456,758 $456,868
Avg Price Change +0.70% -1.43% -1.69% -0.02% -0.92%
Median Price $371,972 $374,184 $376,477 $376,977 $372,547
Med Price Change -0.59% -0.61% -0.13% +1.19% +2.17%
Avg Bedrooms 3.01 beds 3.01 beds 2.98 beds 3.02 beds 3.01 beds
Avg Bathrooms 2.13 baths 2.12 baths 2.12 baths 2.11 baths 2.14 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 483 $449,490 45 days
Multi-Million Dollar Homes 22 $1,116,991 62 days
Newly Built Homes 62 $895,928 83 days
Homes with a Pool 17 $404,949 77 days
Reduced Price Homes 30 $442,033 46 days
Arterra Realty
425 South Main Street, Suite 101
Rochester, MI 48307
248-731-0048

Fair Housing/Equal Opportunity
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