Why Live in Royal Oak
Royal Oak, known as “the City of Trees,” is a Detroit suburb that blends a large downtown area with a natural ambiance, highlighted by tree-lined streets and proximity to the Detroit Zoo. This neighborhood offers a mix of early 20th-century bungalows, craftsmen homes, and modern luxury developments like condominiums and lofts. The housing market is diverse, with homes built from the 1940s to the 1970s, and many older homes being replaced by new constructions. Royal Oak combines rural and suburban vibes, with attractions such as the Royal Oak Farmers Market, Red Run Golf Club, and various local eateries like Ye Olde Saloon and 526 Main Piano Bar. The area is rich in things to do, including antique stores, art galleries, and unique shops, as well as local festivals like the Outdoor Art Fair and Barktoberfest. Green spaces are abundant, with Cummingston Park, Starr Jaycee Park, and the Royal Oak Arboretum offering various outdoor activities. Schools in Royal Oak are highly rated, with Oakland Elementary School, Royal Oak Middle School, and Royal Oak High School receiving positive reviews. The neighborhood is safer than the national average, providing a secure environment for residents. Located just 20 minutes from Detroit via I-75 and 30 miles from Detroit Metropolitan Wayne County Airport, Royal Oak offers convenient access to city attractions and travel options.
Frequently Asked Questions
Is Royal Oak a good place to live?
Royal Oak is a good place to live, receiving 4.0 stars from its residents. Royal Oak is considered somewhat walkable and somewhat bikeable with minimal transit options. Royal Oak is a suburban neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Royal Oak has 45 parks for recreational activities. It is somewhat dense in population with 7.7 people per acre and a median age of 39. The average household income is $115,258 which is above the national average. College graduates make up 60.8% of residents. A majority of residents in Royal Oak are home owners, with 33.3% of residents renting and 66.7% of residents owning their home. A
local real estate agent serving Royal Oak can help you decide if this neighborhood is the right one for you. Learn more on our
Royal Oak neighborhood guide.
Is Royal Oak, MI a safe neighborhood?
Royal Oak, MI is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Royal Oak?
The median home price in Royal Oak is $375,000. If you put a 20% down payment of $75,000 and had a 30-year fixed mortgage with an interest rate of 6.23%, your estimated principal and interest payment would be $1,840 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $79K a year to afford the median home price in Royal Oak. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Royal Oak is $115K.
What are the best public schools in Royal Oak?
The best public schools that serve Royal Oak are:
What are the best private schools in Royal Oak?
The best private schools that serve Royal Oak are:
What are the most popular zip codes in Royal Oak, Royal Oak, MI?
What are the most popular neighborhoods near Royal Oak, Royal Oak, MI?
Home Trends in Royal Oak, MI
On average, homes in Royal Oak, MI sell after 32 days on the market compared to the national average of 56 days. The median sale price for homes in Royal Oak, MI over the last 12 months is $365,000, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$365,000
Median Single Family Sale Price
$385,000
Median Townhouse Sale Price
$383,500
Median 2 Bedroom Sale Price
$229,950
Median 1 Bedroom Sale Price
$115,000
Average Price Per Sq Ft
$277
Number of Homes for Sale
162
Last 12 months Home Sales
1,091
Median List Price
$375,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
5%
