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Royal Oak Market Report

$331,470

AVERAGE PRICE OF 1,075 HOMES

$195,200

AVERAGE PRICE OF 8 DISTRESSED HOMES

$1,400,000

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$498,085

AVERAGE PRICE OF 142 NEWLY BUILT HOMES

$396,555

AVERAGE PRICE OF 43 HOMES WITH A POOL

$304,852

AVERAGE PRICE OF 82 REDUCED PRICE HOMES

Average Home

Average Price $331,470
Avg Bedrooms 3.01 beds
Avg Bathrooms 2.01 baths

Average Price by Bedrooms

1 bedroom $176,606
2 bedrooms $271,181
3 bedrooms $293,971
4 bedrooms $468,337
5 bedrooms $627,107
Royal Oak Home Price Trends
  6/2019 5/2019 4/2019 3/2019 2/2019
Total Listings 1,069 1,005 870 722 677
Average Price $334,682 $336,037 $334,656 $327,660 $318,459
Avg Price Change -0.40% +0.41% +2.14% +2.89% +2.95%
Median Price $294,395 $293,500 $296,878 $298,900 $291,447
Med Price Change +0.30% -1.15% -0.68% +2.56% +5.43%
Avg Bedrooms 3.02 beds 3 beds 2.97 beds 2.93 beds 2.94 beds
Avg Bathrooms 2.04 baths 2.05 baths 2.02 baths 1.99 baths 1.96 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Royal Oak 1 $244,900 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,075 $331,470 56 days
Distressed Homes 8 $195,200 77 days
Multi-Million Dollar Homes 4 $1,400,000 40 days
Newly Built Homes 142 $498,085 108 days
Homes with a Pool 43 $396,555 45 days
Reduced Price Homes 82 $304,852 36 days
REALTEAM Real Estate
48915 Hayes Rd.
Shelby Township, MI 48315
586-580-8092

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