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Why Live in Royal Oak

Royal Oak, MI, known as the “City of Trees,” is a Detroit suburb with a vibrant downtown and abundant green spaces. Covering 12 square miles, it is home to nearly 60,000 residents. The city boasts over 300 acres of parks, including Hamer Finch Wilkins Park, which honors the city’s first Black settlers. Royal Oak’s diverse housing market features early 20th-century bungalows, Craftsman homes, and modern luxury developments like condominiums and lofts. The Royal Oak School District is highly rated, offering comprehensive educational programs from elementary to high school. Residents enjoy various things to do, such as attending performances at the Royal Oak Music Theatre, visiting the Detroit Zoo, and participating in craft beer crawls and free concerts at Centennial Commons Park. The Royal Oak Farmers Market is a year-round fixture, complemented by the monthly Food Truck Rally and Restaurant Week in June. The city’s downtown area is bustling with restaurants offering a wide range of cuisines. Royal Oak is conveniently located near Interstates 75 and 696, with Detroit just 20 minutes away. The city is safer than the national average, with significantly lower violent and property crime rates. The weather in Royal Oak includes all four seasons, with regular snowfall in winter.

Home Price Trends

Median Sale Price
$367,000
Median Single Family Sale Price
$389,999
Median Townhouse Sale Price
$386,250
Median 2 Bedroom Sale Price
$270,000
Median 1 Bedroom Sale Price
$121,109
Average Price Per Sq Ft
$251
Number of Homes for Sale
257
Last 12 months Home Sales
1,131
Months of Supply
2.70
Median List Price
$379,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
5%
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