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

$319,600

AVERAGE PRICE OF 828 HOMES

$282,450

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,299,900

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$561,256

AVERAGE PRICE OF 106 NEWLY BUILT HOMES

$259,134

AVERAGE PRICE OF 49 HOMES WITH A POOL

$294,360

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $319,600
Avg Bedrooms 2.9 beds
Avg Bathrooms 1.94 baths

Average Price by Bedrooms

1 bedroom $152,299
2 bedrooms $267,716
3 bedrooms $300,605
4 bedrooms $476,805
5 bedrooms $461,760
Royal Oak Home Price Trends
  10/2020 9/2020 8/2020 7/2020 6/2020
Total Listings 910 995 1,002 949 919
Average Price $325,623 $326,754 $325,854 $319,483 $314,364
Avg Price Change -0.35% +0.28% +1.99% +1.63% -3.34%
Median Price $286,165 $288,778 $288,919 $282,392 $275,870
Med Price Change -0.91% -0.05% +2.31% +2.36% -3.96%
Avg Bedrooms 2.85 beds 2.83 beds 2.84 beds 2.83 beds 2.81 beds
Avg Bathrooms 1.96 baths 2.01 baths 2 baths 1.93 baths 1.89 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 828 $319,600 63 days
Distressed Homes 4 $282,450 30 days
Multi-Million Dollar Homes 2 $1,299,900 38 days
Newly Built Homes 106 $561,256 130 days
Homes with a Pool 49 $259,134 67 days
Reduced Price Homes 20 $294,360 40 days
Arterra Realty
Arterra Realty Michigan LLC
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

Arterra Realty Detroit LLC
Cocoon Building
2785 East Grand Blvd
Detroit, MI 48211
248-731-0048

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