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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

$422,765

AVERAGE PRICE OF 458 HOMES

$1,171,000

AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES

$788,046

AVERAGE PRICE OF 80 NEWLY BUILT HOMES

$440,956

AVERAGE PRICE OF 28 HOMES WITH A POOL

$255,740

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $422,765
Avg Bedrooms 3.05 beds
Avg Bathrooms 1.84 baths

Average Price by Bedrooms

1 bedroom $120,275
2 bedrooms $304,145
3 bedrooms $375,108
4 bedrooms $643,276
5 bedrooms $660,980
Royal Oak Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 531 632 695 724 710
Average Price $407,876 $398,926 $395,984 $387,073 $392,530
Avg Price Change +2.24% +0.74% +2.30% -1.41% n/a
Median Price $329,877 $327,506 $332,123 $326,562 $332,122
Med Price Change +0.72% -1.41% +1.70% -1.70% n/a
Avg Bedrooms 2.98 beds 2.97 beds 2.95 beds 2.94 beds 2.94 beds
Avg Bathrooms 1.8 baths 1.78 baths 1.8 baths 1.8 baths 1.8 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 458 $422,765 74 days
Multi-Million Dollar Homes 10 $1,171,000 53 days
Newly Built Homes 80 $788,046 114 days
Homes with a Pool 28 $440,956 112 days
Reduced Price Homes 10 $255,740 96 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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