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Royal Oak, MI Real Estate & Property Data

Royal Oak Real Estate Market Trends
Last Updated: April 28, 2024

Accurate and comprehensive real estate data is critical for insight into Royal Oak, MI. ATTOM’s Royal Oak real estate data is updated daily, and current market trends show that in Royal Oak, MI a total of 1,258 residential properties have sold over the past year. With a median home price of $332,500 in Royal Oak and a total of 2 foreclosures. Get detailed property data for Royal Oak, MI instantly. ATTOM is your one-stop-shop for the Royal Oak property reports and real estate data you need in Royal Oak, MI.

Royal Oak Real Estate Market Trends
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    • Zip Code: 60093
    • City: Chicago, IL
    • Address: 123 Main St, Chicago, IL
Total Residential Properties 23,951
Total Commercial Properties 984
Avg. Home Age (Single Family Home) 77 Years
Avg. Square Feet (Single Family Home) 1,316
Total 2024 Residential Sales (year-to-date) 153
% of Homes Seriously Underwater (Q2 2024) 1.8%
Total 2023 Residential Sales 1,175
% of Equity Rich Homes (Q2 2024) 41.31%
Effective 2023 Property Tax 1.28%
Total Foreclosure Filings (year-to-date) 9
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Royal Oak, MI Real Estate Overview

There were 1,258 residential properties sold in the past year in Royal Oak, MI. The median home value in Royal Oak, MI is $323,408. There are a total of 23,951 residential properties in the Royal Oak.

Median Sales Price i
$332,500
(Feb 2024)
+2.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $332,500
  • January '24 Jan '24 $320,000
  • December '23 Dec '23 $320,000
  • November '23 Nov '23 $333,000
  • October '23 Oct '23 $306,650
  • September '23 Sep '23 $347,500
  • August '23 Aug '23 $356,000
  • July '23 Jul '23 $342,000
  • June '23 Jun '23 $351,950
  • May '23 May '23 $350,000
  • April '23 Apr '23 $325,000
  • March '23 Mar '23 $319,500
Median Down Payment i
$30,000
(Feb 2024)
-38.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $30,000
  • January '24 Jan '24 $38,000
  • December '23 Dec '23 $55,000
  • November '23 Nov '23 $43,000
  • October '23 Oct '23 $40,625
  • September '23 Sep '23 $60,000
  • August '23 Aug '23 $53,550
  • July '23 Jul '23 $52,975
  • June '23 Jun '23 $43,300
  • May '23 May '23 $37,375
  • April '23 Apr '23 $45,350
  • March '23 Mar '23 $25,100
Number of Homes Sold i
84
(Feb 2024)
+44.8%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 84
  • January '24 Jan '24 69
  • December '23 Dec '23 70
  • November '23 Nov '23 101
  • October '23 Oct '23 87
  • September '23 Sep '23 103
  • August '23 Aug '23 130
  • July '23 Jul '23 145
  • June '23 Jun '23 104
  • May '23 May '23 119
  • April '23 Apr '23 87
  • March '23 Mar '23 101
Number of Purchase Loans i
50
(Feb 2024)
+35.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 50
  • January '24 Jan '24 50
  • December '23 Dec '23 56
  • November '23 Nov '23 63
  • October '23 Oct '23 59
  • September '23 Sep '23 66
  • August '23 Aug '23 93
  • July '23 Jul '23 101
  • June '23 Jun '23 85
  • May '23 May '23 91
  • April '23 Apr '23 62
  • March '23 Mar '23 78
Number of REFI Loans i
35
(Feb 2024)
+20.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 35
  • January '24 Jan '24 37
  • December '23 Dec '23 26
  • November '23 Nov '23 37
  • October '23 Oct '23 52
  • September '23 Sep '23 38
  • August '23 Aug '23 35
  • July '23 Jul '23 34
  • June '23 Jun '23 33
  • May '23 May '23 49
  • April '23 Apr '23 29
  • March '23 Mar '23 30
Number of HELOC Loans i
16
(Feb 2024)
-5.9%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 16
  • January '24 Jan '24 21
  • December '23 Dec '23 23
  • November '23 Nov '23 27
  • October '23 Oct '23 18
  • September '23 Sep '23 24
  • August '23 Aug '23 20
  • July '23 Jul '23 33
  • June '23 Jun '23 16
  • May '23 May '23 26
  • April '23 Apr '23 15
  • March '23 Mar '23 19

Royal Oak, MI Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Royal Oak, MI Foreclosure Activity

There were a total of 2 Royal Oak, MI properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 2 Royal Oak, MI properties and repossessed 1 Royal Oak, MI properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
2
(Feb 2024)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 2
  • January '24 Jan '24 7
  • December '23 Dec '23 3
  • November '23 Nov '23 2
  • October '23 Oct '23 2
  • September '23 Sep '23 9
  • August '23 Aug '23 5
  • July '23 Jul '23 5
  • June '23 Jun '23 2
  • May '23 May '23 1
  • April '23 Apr '23 2
  • March '23 Mar '23 5
Foreclosure Starts i
2
(Feb 2024)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 2
  • January '24 Jan '24 7
  • December '23 Dec '23 3
  • November '23 Nov '23 2
  • October '23 Oct '23 2
  • September '23 Sep '23 9
  • August '23 Aug '23 5
  • July '23 Jul '23 5
  • June '23 Jun '23 2
  • May '23 May '23 1
  • April '23 Apr '23 2
  • March '23 Mar '23 5
Completed Foreclosures (REOs) i
1
(Feb 2024)
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
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