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Royal Oak Market Report

$307,090

AVERAGE PRICE OF 685 HOMES

$130,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$455,558

AVERAGE PRICE OF 102 NEWLY BUILT HOMES

$152,588

AVERAGE PRICE OF 22 HOMES WITH A POOL

$333,704

AVERAGE PRICE OF 42 REDUCED PRICE HOMES

Average Home

Average Price $307,090
Avg Bedrooms 2.91 beds
Avg Bathrooms 1.92 baths

Average Price by Bedrooms

1 bedroom $139,214
2 bedrooms $254,077
3 bedrooms $294,163
4 bedrooms $448,719
5 bedrooms $335,720
Royal Oak Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 785 914 922 953 963
Average Price $310,971 $306,615 $306,068 $306,258 $305,178
Avg Price Change +1.42% +0.18% -0.06% +0.35% -1.18%
Median Price $271,218 $269,278 $267,900 $268,674 $270,107
Med Price Change +0.72% +0.51% -0.29% -0.53% -0.57%
Avg Bedrooms 2.95 beds 2.99 beds 2.95 beds 2.94 beds 2.95 beds
Avg Bathrooms 1.95 baths 1.94 baths 1.93 baths 1.94 baths 1.93 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Royal Oak 1 $189,900 83 days
Royal Oak High School 1 $160,000 84 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 685 $307,090 71 days
Distressed Homes 2 $130,000 193 days
Newly Built Homes 102 $455,558 96 days
Homes with a Pool 22 $152,588 69 days
Reduced Price Homes 42 $333,704 63 days
REALTEAM Real Estate
48915 Hayes Rd.
Shelby Township, MI 48315
586-580-8092

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