Royal Oak Market Report
$498,010
AVERAGE PRICE OF 215 HOMES$1,430,988
AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES$978,063
AVERAGE PRICE OF 19 NEWLY BUILT HOMES$388,740
AVERAGE PRICE OF 5 HOMES WITH A POOL$401,306
AVERAGE PRICE OF 16 REDUCED PRICE HOMESAverage Home
| Average Price | $498,010 |
| Avg Bedrooms | 2.73 beds |
| Avg Bathrooms | 2.41 baths |
Average Price by Bedrooms
| 1 bedroom | $157,608 |
| 2 bedrooms | $342,623 |
| 3 bedrooms | $397,400 |
| 4 bedrooms | $751,313 |
| 5 bedrooms | $922,411 |
Royal Oak Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 492 | 461 | 417 | 384 | 116 |
| Average Price | $463,665 | $475,350 | $485,128 | $498,973 | $499,983 |
| Avg Price Change | -2.52% | -2.06% | -2.85% | -0.20% | +4.47% |
| Median Price | $370,094 | $383,868 | $382,321 | $384,550 | $391,105 |
| Med Price Change | -3.72% | +0.40% | -0.58% | -1.70% | +2.14% |
| Avg Bedrooms | 2.77 beds | 2.79 beds | 2.71 beds | 2.7 beds | 2.64 beds |
| Avg Bathrooms | 2.29 baths | 2.31 baths | 2.25 baths | 2.29 baths | 2.23 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Royal Oak High School | 2 | $374,950 | 42 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 215 | $498,010 | 51 days |
| Multi-Million Dollar Homes | 17 | $1,430,988 | 74 days |
| Newly Built Homes | 19 | $978,063 | 93 days |
| Homes with a Pool | 5 | $388,740 | 40 days |
| Reduced Price Homes | 16 | $401,306 | 40 days |
