Royal Oak, MI Real Estate Market Summary – September 8, 2026
In Royal Oak, MI, a total of 108 homes were sold in the last 30 days, averaging about 3.6 homes per day. The average days on the market before a sale was 19 days, with a median sale price of $351,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 108 |
| Sold Per Day | 3.60 |
| Average SQFT | 1590 |
| Median Sales Price | $351,000 |
| Average Sales Price | $359,379 |
| Average Price Per SQFT | $228 |
| Average Days on Market | 19 |
| Average Year Built | 1960 |
Royal Oak, MI Single Family Home Analysis
Within the single-family segment, 75 homes changed hands, with an average sale price of $380,564. These properties averaged 19.75 days on the market before being sold.
| Metric | 30 Days |
|---|---|
| Number Sold | 75 |
| Sold Per Day | 2.50 |
| Average SQFT | 1695 |
| Median Sales Price | $351,500 |
| Average Sales Price | $380,564 |
| Average Price Per SQFT | $229 |
| Average Days on Market | 20 |
| Average Year Built | 1949 |
Royal Oak, MI Condo & Townhome Analysis
In the condo and townhome segment, 30 units were sold, with an average sale price of $304,228. These homes typically spent about 18 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 30 |
| Sold Per Day | 1.00 |
| Average SQFT | 1305 |
| Median Sales Price | $342,500 |
| Average Sales Price | $304,228 |
| Average Price Per SQFT | $227 |
| Average Days on Market | 18 |
| Average Year Built | 1989 |
Buyer & Seller Analysis
- 3.6 homes sold per day
- Average days on market of 19
- Median sale price stands at $351,000
- Data represents the last 30 days of closed transactions.
Conclusion
The market in Royal Oak shows consistent activity with homes generally selling within three weeks. Keep an eye on the local trends as they evolve.