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Royal Oak

Why you'd want to live in Royal Oak

Royal Oak, Michigan, is a vibrant and dynamic city known for its lively downtown area and strong sense of community. The city offers a wide range of entertainment options, including theaters, music venues, and a variety of restaurants and cafes, making it an exciting place to live for those who enjoy a bustling social scene. Royal Oak is also home to numerous parks and recreational facilities, providing opportunities for outdoor activities and relaxation. The city boasts excellent schools, making it a great choice for families. Additionally, Royal Oak hosts various community events and festivals throughout the year, fostering a welcoming and inclusive atmosphere. Its proximity to Detroit ensures convenient access to additional employment opportunities, cultural attractions, and amenities. With its blend of entertainment, education, community spirit, and accessibility, Royal Oak is an attractive place to call home.

Royal Oak Market Report

$452,293

AVERAGE PRICE OF 138 HOMES

$1,254,375

AVERAGE PRICE OF 8 MULTI-MILLION DOLLAR HOMES

$1,056,585

AVERAGE PRICE OF 10 NEWLY BUILT HOMES

$196,980

AVERAGE PRICE OF 5 HOMES WITH A POOL

$813,474

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $452,293
Avg Bedrooms 2.34 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $123,583
2 bedrooms $352,958
3 bedrooms $383,876
4 bedrooms $756,057
5 bedrooms $1,165,967
Royal Oak Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 149 172 218 236 215
Average Price $466,950 $474,790 $484,905 $496,481 $493,635
Avg Price Change -1.68% -2.13% -2.39% +0.58% +3.41%
Median Price $377,106 $380,240 $383,150 $390,365 $372,605
Med Price Change -0.83% -0.77% -1.88% +4.77% -2.20%
Avg Bedrooms 2.58 beds 2.6 beds 2.57 beds 2.62 beds 2.7 beds
Avg Bathrooms 2.25 baths 2.25 baths 2.28 baths 2.41 baths 2.4 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 138 $452,293 78 days
Multi-Million Dollar Homes 8 $1,254,375 99 days
Newly Built Homes 10 $1,056,585 100 days
Homes with a Pool 5 $196,980 12 days
Reduced Price Homes 4 $813,474 75 days
@properties Christies International
Peter Obee
400 S Old Woodward Avenue
Birmingham, MI 48009
248-866-7293

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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