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Royal Oak, MI Real Estate & Property Data

Last Updated: September 06, 2025

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 1,350 residential properties have sold over the past year. With a median home price of $414,500 in Royal Oak and a total of 6 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.

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Total Residential Properties 24,694

Total Commercial Properties 1,075

Avg. Home Age (Single Family Home) 77 Years

Avg. Square Feet (Single Family Home) 1,393

Total 2025 Residential Sales (year-to-date) 589

% of Homes Seriously Underwater (Q3 2025) 0.7%

Total 2024 Residential Sales 1,218

% of Equity Rich Homes (Q3 2025) 44.19%

Effective 2024 Property Tax 1.05%

Total Foreclosure Filings (year-to-date) 20

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Royal Oak, MI Real Estate Overview

There were 1,350 residential properties sold in the past year in Royal Oak, MI. The median home value in Royal Oak, MI is $371,555. There are a total of 24,694 residential properties in the Royal Oak.

Median Sales Price i

$414,500

(Jun 2025)

+14.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 $414,500
May '25 May '25 $385,000
April '25 Apr '25 $355,892
March '25 Mar '25 $338,000
February '25 Feb '25 $365,000
January '25 Jan '25 $356,000
December '24 Dec '24 $360,000
November '24 Nov '24 $352,500
October '24 Oct '24 $340,000
September '24 Sep '24 $355,500
August '24 Aug '24 $353,350
July '24 Jul '24 $350,000

Median Down Payment i

$51,572

(Jun 2025)

-26.4%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 $51,572
May '25 May '25 $66,000
April '25 Apr '25 $43,250
March '25 Mar '25 $67,975
February '25 Feb '25 $56,250
January '25 Jan '25 $61,370
December '24 Dec '24 $72,655
November '24 Nov '24 $54,500
October '24 Oct '24 $35,000
September '24 Sep '24 $61,000
August '24 Aug '24 $61,525
July '24 Jul '24 $61,788

Number of Homes Sold i

(Jun 2025)

-6.8%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 96
May '25 May '25 121
April '25 Apr '25 110
March '25 Mar '25 91
February '25 Feb '25 87
January '25 Jan '25 84
December '24 Dec '24 111
November '24 Nov '24 97
October '24 Oct '24 110
September '24 Sep '24 99
August '24 Aug '24 121
July '24 Jul '24 120

Number of Purchase Loans i

(Jun 2025)

+21.9%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 89
May '25 May '25 106
April '25 Apr '25 82
March '25 Mar '25 75
February '25 Feb '25 62
January '25 Jan '25 59
December '24 Dec '24 87
November '24 Nov '24 75
October '24 Oct '24 83
September '24 Sep '24 75
August '24 Aug '24 86
July '24 Jul '24 90

Number of REFI Loans i

(Jun 2025)

-36.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 47
May '25 May '25 48
April '25 Apr '25 53
March '25 Mar '25 49
February '25 Feb '25 35
January '25 Jan '25 45
December '24 Dec '24 32
November '24 Nov '24 49
October '24 Oct '24 89
September '24 Sep '24 35
August '24 Aug '24 52
July '24 Jul '24 41

Number of HELOC Loans i

(Jun 2025)

-17.4%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 19
May '25 May '25 34
April '25 Apr '25 24
March '25 Mar '25 32
February '25 Feb '25 30
January '25 Jan '25 18
December '24 Dec '24 25
November '24 Nov '24 16
October '24 Oct '24 35
September '24 Sep '24 33
August '24 Aug '24 34
July '24 Jul '24 27

Royal Oak, MI Real Estate Market Overview

Last 30 days

Zip

Median Est. Value
Zip

Median Est. Value
Zip

Median Est. Value

48067

$371,555 $266.8/sqft
48068
48073

$370,953 $264.6/sqft

Royal Oak, MI Foreclosure Activity

There were a total of 6 Royal Oak, MI properties with a foreclosure filing in June 2025. Lenders started the foreclosure process on 6 Royal Oak, MI properties and repossessed 1 Royal Oak, MI properties through completed foreclosures (REOs) in June 2025.

Total Foreclosure Filings i

(Jun 2025)

+100%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years