Houses For Sale in Royal Oak, MI

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Sold By Stevo
Royal Oak, MI 48073
Market Overview
Market Balance
Balanced
Buyer's
Seller's
Royal Oak is currenty a
Seller's Market

A seller’s market exists when the number of home buyers exceeds the number of homes offered for sale. Sellers will benefit because high demand and low inventory will drive up prices.

Area Demographics
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Total Population
59107
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Population Density
5,016
/sq mi.
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Median YEARLY income
$45,569
Demographic Icon
MEDIAN AGE
36
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COLLEGE EDUCATED
19%
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Owner/renter divide
72% / 28%
Listing Stats
Average List Price
+63.1%
Since last Year
2017 2017 2017.5 2017.5 2018 2018 2018.5 2018.5 2019 2019 2019.5 2019.5 2020 2020 0 0 50,000 50,000 100,000 100,000 150,000 150,000 200,000 200,000 250,000 250,000 300,000 300,000 350,000 350,000
Number of New Homes on Market
+0.0%
Since last Year
2017 2017 2017.5 2017.5 2018 2018 2018.5 2018.5 2019 2019 2019.5 2019.5 2020 2020 0.0 0.0 0.2 0.2 0.4 0.4 0.6 0.6 0.8 0.8 1.0 1.0
Average Sale Price
+78.5%
Since last Year
2017 2017 2017.5 2017.5 2018 2018 2018.5 2018.5 2019 2019 2019.5 2019.5 2020 2020 0 0 50,000 50,000 100,000 100,000 150,000 150,000 200,000 200,000 250,000 250,000 300,000 300,000 350,000 350,000
Number of Sold Homes
+0.0%
Since last Year
2017 2017 2017.5 2017.5 2018 2018 2018.5 2018.5 2019 2019 2019.5 2019.5 2020 2020 0.0 0.0 0.2 0.2 0.4 0.4 0.6 0.6 0.8 0.8 1.0 1.0
Distribution of Listing Price
$0 - $149K $0 - $149K $150K - $299K $150K - $299K $300K - $499K $300K - $499K $500K - $749K $500K - $749K $750K - $999K $750K - $999K $1M+ $1M+ 0 0
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