If you need assistance, please call 248-733-5893

Paulina Faranso
248-207-4669

Royal Oak

Why you'd want to live in Royal Oak

The City of Royal Oak requires no introduction to the Detroit metropolitan area. Conveniently located near several major thoroughfares, Royal Oak's location is prime. This is evident in the steady rise of property values throughout the city. Royal Oak has maintained the appeal of a small town, while affording many of the amenities of a large metropolis. Because of its respect for diversity, the city's composition is truly eclectic. The population represents a diverse mix of individuals, age groups, incomes, and myriad of residential home styles. Combined efforts of a proactive city government and Downtown Development Authority over the past several years have brought about a metamorphosis of the city's central business district. Downtown improvements have included changes to the landscape that encourage socialization. via romi.gov

Royal Oak Market Report

$436,851

AVERAGE PRICE OF 372 HOMES

$1,117,082

AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

$876,354

AVERAGE PRICE OF 62 NEWLY BUILT HOMES

$266,943

AVERAGE PRICE OF 32 HOMES WITH A POOL

$382,370

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $436,851
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.08 baths

Average Price by Bedrooms

1 bedroom $171,380
2 bedrooms $321,124
3 bedrooms $386,892
4 bedrooms $720,288
5 bedrooms $1,059,600
Royal Oak Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 423 472 479 485 484
Average Price $425,342 $441,774 $447,099 $445,910 $442,811
Avg Price Change -3.86% -1.21% +0.27% +0.70% -1.43%
Median Price $351,583 $360,697 $364,913 $371,972 $374,184
Med Price Change -2.59% -1.17% -1.93% -0.59% -0.61%
Avg Bedrooms 2.89 beds 2.95 beds 3.03 beds 3.01 beds 3.01 beds
Avg Bathrooms 2.05 baths 2.08 baths 2.1 baths 2.13 baths 2.12 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 372 $436,851 50 days
Multi-Million Dollar Homes 22 $1,117,082 93 days
Newly Built Homes 62 $876,354 93 days
Homes with a Pool 32 $266,943 59 days
Reduced Price Homes 20 $382,370 48 days
Arterra Luxe Collection LLC
148 Pierce Street
Birmingham, MI
248-733-5893

Fair Housing/Equal Opportunity
Terms of Use Privacy Notice DMCA
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. .IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Provided through IDX through Realcomp II Ltd. Courtesy of Arterra Luxe Collection LLC. Copyright 2023 Realcomp II Ltd. Shareholders
MIMLS Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2023 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2023 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
This site powered by CINC: www.cincpro.com

Accept Terms

To continue searching, you must agree to the Terms of Use.

Opt-In

For the best experience, please provide your cell phone number and select accept below to opt-in to our Terms & Conditions and Privacy Policy to begin receiving text and voice communications.

Share a Link

Create a Note

Select a Notebook

or make a new notebook

Loading


Loading...

Looks like your phone is invalid.

Would you like to update it?