ROYAL OAK

MONTHLY MARKET UPDATES

DECEMBER 2024
Stay on top of the latest trends in Royal Oak’s booming real estate market with detailed updates and market analysis to help you make informed decisions in this vibrant community.

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Royal Oak, MI 48073

The northern part of Royal Oak features a diverse range of homes, from charming bungalows to modern townhomes. With a strong and active market, it’s a great time for sellers to list their homes, while buyers can find valuable opportunities in this desirable area.

Key Highlights

  • Median Home Price: $339,500
  • Median Price / Sq. Ft.: $266
  • New Listings: 29
  • Closed Sales: 50
  • Median Days on the Market: 22

 

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Royal Oak, MI 48067

The downtown area of Royal Oak, known for its vibrant urban lifestyle and proximity to local amenities. Homes in this area are highly sought after, with new listings often generating a lot of attention and demand.

Key Highlights

  • Median Home Price: $382,500
  • Median Price / Sq. Ft.: $300
  • New Listings: 36
  • Closed Sales: 50
  • Median Days on the Market: 44

 

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