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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

$395,314

AVERAGE PRICE OF 661 HOMES

$336,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,256,986

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$783,144

AVERAGE PRICE OF 72 NEWLY BUILT HOMES

$455,275

AVERAGE PRICE OF 45 HOMES WITH A POOL

$353,862

AVERAGE PRICE OF 43 REDUCED PRICE HOMES

Average Home

Average Price $395,314
Avg Bedrooms 2.96 beds
Avg Bathrooms 1.76 baths

Average Price by Bedrooms

1 bedroom $188,771
2 bedrooms $288,447
3 bedrooms $361,071
4 bedrooms $597,347
5 bedrooms $954,980
Royal Oak Home Price Trends
  9/2022 8/2022 7/2022 6/2022 5/2022
Total Listings 695 724 710 n/a n/a
Average Price $395,984 $387,073 $392,530 n/a n/a
Avg Price Change +2.30% -1.41% n/a n/a n/a
Median Price $332,123 $326,562 $332,122 n/a n/a
Med Price Change +1.70% -1.70% n/a n/a n/a
Avg Bedrooms 2.95 beds 2.94 beds 2.94 beds n/a n/a
Avg Bathrooms 1.8 baths 1.8 baths 1.8 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Royal Oak High School 1 $550,000 33 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 661 $395,314 53 days
Distressed Homes 2 $336,000 6 days
Multi-Million Dollar Homes 14 $1,256,986 29 days
Newly Built Homes 72 $783,144 108 days
Homes with a Pool 45 $455,275 64 days
Reduced Price Homes 43 $353,862 33 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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