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Royal Oak Market Report

$422,826

AVERAGE PRICE OF 228 HOMES

$1,171,000

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$788,046

AVERAGE PRICE OF 40 NEWLY BUILT HOMES

$444,421

AVERAGE PRICE OF 14 HOMES WITH A POOL

$255,740

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $422,826
Avg Bedrooms 3.05 beds
Avg Bathrooms 1.85 baths

Average Price by Bedrooms

1 bedroom $120,450
2 bedrooms $304,145
3 bedrooms $373,870
4 bedrooms $645,784
5 bedrooms $660,980
Royal Oak Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 265 315 346 361 350
Average Price $407,386 $398,424 $395,974 $387,018 $393,010
Avg Price Change +2.25% +0.62% +2.31% -1.55% n/a
Median Price $328,898 $327,131 $331,540 $326,171 $331,960
Med Price Change +0.54% -1.35% +1.65% -1.77% n/a
Avg Bedrooms 2.98 beds 2.97 beds 2.95 beds 2.94 beds 2.94 beds
Avg Bathrooms 1.81 baths 1.79 baths 1.82 baths 1.81 baths 1.82 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 228 $422,826 76 days
Multi-Million Dollar Homes 5 $1,171,000 53 days
Newly Built Homes 40 $788,046 128 days
Homes with a Pool 14 $444,421 142 days
Reduced Price Homes 5 $255,740 96 days
Arterra Luxe Collection LLC
148 Pierce Street
Birmingham, MI
248-733-5893

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