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Home Trends in Royal Oak, MI
On average, homes in Royal Oak, MI sell after 33 days on the market compared to the national average of 58 days. The median sale price for homes in Royal Oak, MI over the last 12 months is $365,000, up 4% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$365,000
Median Single Family Sale Price
$383,959
Median Townhouse Sale Price
$381,750
Median 2 Bedroom Sale Price
$240,000
Median 1 Bedroom Sale Price
$117,900
Average Price Per Sq Ft
$273
Number of Homes for Sale
186
Last 12 months Home Sales
1,085
Months of Supply
2.10
Median List Price
$374,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
4%