Royal Oak, MI 48067 Real Estate & Property Data

Royal Oak, MI 48067 Real Estate Market Trends
Last Updated: April 28, 2024

A total of 577 residential properties have been sold over the past 12 months in 48067. With a median sales price of $299,000 in 48067. Discover market trends and get the granular level real estate data for Royal Oak, MI 48067 to keep your pulse on the housing market. Curate compelling home reports for Royal Oak, MI 48067 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Royal Oak, MI 48067 Real Estate Market Trends
Total Residential Properties 10,686
Total Commercial Properties 615
Avg. Home Age (Single Family Home) 82 Years
Avg. Square Feet (Single Family Home) 1,292
Total 2024 Residential Sales (year-to-date) 72
% of Homes Seriously Underwater (Q2 2024) 2.1%
Total 2023 Residential Sales 532
% of Equity Rich Homes (Q2 2024) 40.33%
Effective 2023 Property Tax 1.34%
Total Foreclosure Filings (year-to-date) 3
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Royal Oak, MI 48067 Real Estate Overview

There were 577 residential properties sold in the past year in Royal Oak, MI 48067. The median home value in Royal Oak, MI 48067 is $327,765. There are a total of 10,686 residential properties in the 48067.

Median Sales Price i
$299,000
(Feb 2024)
-5.4%
year-over-year
y-o-y
  • February '24 Feb '24 $299,000
  • January '24 Jan '24 $310,000
  • December '23 Dec '23 $300,000
  • November '23 Nov '23 $340,000
  • October '23 Oct '23 $301,100
  • September '23 Sep '23 $371,000
  • August '23 Aug '23 $346,000
  • July '23 Jul '23 $392,500
  • June '23 Jun '23 $348,000
  • May '23 May '23 $320,000
  • April '23 Apr '23 $325,000
  • March '23 Mar '23 $309,000
Median Down Payment i
$44,400
(Feb 2024)
-10.5%
year-over-year
y-o-y
  • February '24 Feb '24 $44,400
  • January '24 Jan '24 $35,500
  • December '23 Dec '23 $52,000
  • November '23 Nov '23 $36,275
  • October '23 Oct '23 $41,250
  • September '23 Sep '23 $73,000
  • August '23 Aug '23 $51,729
  • July '23 Jul '23 $45,000
  • June '23 Jun '23 $44,122
  • May '23 May '23 $34,500
  • April '23 Apr '23 $39,700
  • March '23 Mar '23 $20,250
Number of Homes Sold i
37
(Feb 2024)
+32.1%
year-over-year
y-o-y
  • February '24 Feb '24 37
  • January '24 Jan '24 35
  • December '23 Dec '23 21
  • November '23 Nov '23 46
  • October '23 Oct '23 42
  • September '23 Sep '23 52
  • August '23 Aug '23 61
  • July '23 Jul '23 64
  • June '23 Jun '23 50
  • May '23 May '23 58
  • April '23 Apr '23 40
  • March '23 Mar '23 43
Number of Purchase Loans i
23
(Feb 2024)
+43.8%
year-over-year
y-o-y
  • February '24 Feb '24 23
  • January '24 Jan '24 27
  • December '23 Dec '23 21
  • November '23 Nov '23 29
  • October '23 Oct '23 26
  • September '23 Sep '23 39
  • August '23 Aug '23 41
  • July '23 Jul '23 40
  • June '23 Jun '23 46
  • May '23 May '23 39
  • April '23 Apr '23 25
  • March '23 Mar '23 40
Number of REFI Loans i
19
(Feb 2024)
+58.3%
year-over-year
y-o-y
  • February '24 Feb '24 19
  • January '24 Jan '24 14
  • December '23 Dec '23 13
  • November '23 Nov '23 15
  • October '23 Oct '23 21
  • September '23 Sep '23 16
  • August '23 Aug '23 21
  • July '23 Jul '23 12
  • June '23 Jun '23 15
  • May '23 May '23 28
  • April '23 Apr '23 13
  • March '23 Mar '23 8
Number of HELOC Loans i
8
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 8
  • December '23 Dec '23 13
  • November '23 Nov '23 9
  • October '23 Oct '23 5
  • September '23 Sep '23 12
  • August '23 Aug '23 9
  • July '23 Jul '23 15
  • June '23 Jun '23 8
  • May '23 May '23 11
  • April '23 Apr '23 7
  • March '23 Mar '23 9

Royal Oak, MI 48067 Foreclosure Activity

Total Foreclosure Filings i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 3
  • December '23 Dec '23 2
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 6
  • August '23 Aug '23 4
  • July '23 Jul '23 2
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 1
Foreclosure Starts i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 3
  • December '23 Dec '23 2
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 6
  • August '23 Aug '23 4
  • July '23 Jul '23 2
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 1
Completed Foreclosures (REOs) i
1
(Feb 2024)
  • 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 N/A
  • 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 N/A
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