Royal Oak Housing Market Overview

Use data to learn how you can succeed as a homebuyer or seller in Royal Oak. Talk to a top real estate agent to see what local trends are driving the housing market in Royal Oak, MI.

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Home price trends

The current median home price in Royal Oak is $0, up 0.0% from December 2020.

Days to close

Homes in Royal Oak are staying on the market for 0 days on average. That’s 0 days more than the average in December 2020. Find a top agent with a proven track record of selling homes faster than their peers or who can help you find your dream home, no matter how quickly their market moves.

Agent Insight

Check out HomeLight’s Quarterly Top Agent Insights report, a national survey of over 500 top real estate agents. Hear what agents are saying across the country and make smarter decisions when buying or selling a home.

What you can do with these insights

Ready to explore more options? Here’s what you can do next with your housing market report.

If you're a homebuyer

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If you're a home seller

  • Work with a top Royal Oak real estate agent to figure out the best selling strategy and start bidding wars on your home.
  • Visit our Seller Resource Center, backed by top agents, data analysis, and rigorous research.
  • For a simple, stress-free transaction, consider selling to pre-approved iBuyers ready to make offers on your home. Get cash offers with HomeLight Simple Sale, the fastest way to sell your home.
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Check out some of our other resources for Royal Oak homeowners

Find Top Agents
The best agents sell your home more quickly and for more money.
Sell your house in Royal Oak fast
Find out what cash buyers are willing to pay for your home right now.
Find out what your home is worth
Get a free estimated value of your home in less than 2 minutes.
When's the best time to sell your home in Royal Oak?
Use housing market data in Royal Oak to learn the best and worst months to sell your home.
How much commission do real estate agents make?
Use this calculator and real estate agent commissions data to find out.
Advice from America’s Top Agents
Get the latest real estate tips and learn how to sell your home faster and for more money.

Compare Royal Oak to nearby housing markets

Madison Heights
  • Active agents1,647
  • Days on market43
  • Median sale price$143,500
Oak Park
  • Active agents1,383
  • Days on market50
  • Median sale price$145,000
Ferndale
  • Active agents1,562
  • Days on market47
  • Median sale price$179,000
Birmingham
  • Active agents1,506
  • Days on market60
  • Median sale price$480,000
Troy
  • Active agents2,860
  • Days on market53
  • Median sale price$300,000
Southfield
  • Active agents2,830
  • Days on market56
  • Median sale price$149,900

Explore housing markets similar to Royal Oak

Des Plaines
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  • Days on market63
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Petaluma
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