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Royal Oak, MI 48073 Real Estate & Property Data

Royal Oak, MI 48073 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 727 residential properties have been sold over the past 12 months in 48073. With a median sales price of $370,000 in 48073 and a total of 1 foreclosures in Royal Oak, MI 48073. Discover market trends and get the granular level real estate data for Royal Oak, MI 48073 to keep your pulse on the housing market. Curate compelling home reports for Royal Oak, MI 48073 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Royal Oak, MI 48073 Real Estate Market Trends

Get property data for any address in Royal Oak, MI 48073 or the country:

Total Residential Properties 13,646

Total Commercial Properties 409

Avg. Home Age (Single Family Home) 73 Years

Avg. Square Feet (Single Family Home) 1,402

Total 2025 Residential Sales (year-to-date) 85

% of Homes Seriously Underwater (Q2 2025) 0.77%

Total 2024 Residential Sales 678

% of Equity Rich Homes (Q2 2025) 40.61%

Effective 2024 Property Tax 1.17%

Total Foreclosure Filings (year-to-date) 2

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Royal Oak, MI 48073 Real Estate Overview

There were 727 residential properties sold in the past year in Royal Oak, MI 48073. The median home value in Royal Oak, MI 48073 is $319,312. There are a total of 13,646 residential properties in the 48073.

Median Sales Price i

$370,000

(Feb 2025)

+1.8%

year-over-year

y-o-y

February '25 Feb '25 $370,000
January '25 Jan '25 $389,000
December '24 Dec '24 $358,750
November '24 Nov '24 $363,500
October '24 Oct '24 $340,000
September '24 Sep '24 $350,000
August '24 Aug '24 $375,500
July '24 Jul '24 $358,500
June '24 Jun '24 $350,000
May '24 May '24 $350,000
April '24 Apr '24 $352,950
March '24 Mar '24 $387,500

Median Down Payment i

$48,725

(Feb 2025)

+76.2%

year-over-year

y-o-y

February '25 Feb '25 $48,725
January '25 Jan '25 $62,500
December '24 Dec '24 $71,000
November '24 Nov '24 $22,427
October '24 Oct '24 $36,200
September '24 Sep '24 $63,500
August '24 Aug '24 $63,550
July '24 Jul '24 $62,800
June '24 Jun '24 $74,800
May '24 May '24 $49,750
April '24 Apr '24 $31,250
March '24 Mar '24 $74,600

Number of Homes Sold i

45

(Feb 2025)

+12.5%

year-over-year

y-o-y

February '25 Feb '25 45
January '25 Jan '25 40
December '24 Dec '24 64
November '24 Nov '24 48
October '24 Oct '24 68
September '24 Sep '24 52
August '24 Aug '24 70
July '24 Jul '24 66
June '24 Jun '24 65
May '24 May '24 68
April '24 Apr '24 54
March '24 Mar '24 47

Number of Purchase Loans i

30

(Feb 2025)

-3.2%

year-over-year

y-o-y

February '25 Feb '25 30
January '25 Jan '25 30
December '24 Dec '24 55
November '24 Nov '24 35
October '24 Oct '24 50
September '24 Sep '24 47
August '24 Aug '24 48
July '24 Jul '24 49
June '24 Jun '24 46
May '24 May '24 47
April '24 Apr '24 46
March '24 Mar '24 32

Number of REFI Loans i

17

(Feb 2025)

+70%

year-over-year

y-o-y

February '25 Feb '25 17
January '25 Jan '25 26
December '24 Dec '24 22
November '24 Nov '24 35
October '24 Oct '24 49
September '24 Sep '24 20
August '24 Aug '24 25
July '24 Jul '24 24
June '24 Jun '24 15
May '24 May '24 17
April '24 Apr '24 20
March '24 Mar '24 13

Number of HELOC Loans i

20

(Feb 2025)

+185.7%

year-over-year

y-o-y

February '25 Feb '25 20
January '25 Jan '25 13
December '24 Dec '24 18
November '24 Nov '24 10
October '24 Oct '24 23
September '24 Sep '24 14
August '24 Aug '24 18
July '24 Jul '24 16
June '24 Jun '24 12
May '24 May '24 16
April '24 Apr '24 11
March '24 Mar '24 13

Royal Oak, MI 48073 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2
3

Royal Oak, MI 48073 Foreclosure Activity

There were a total of 1 Royal Oak, MI 48073 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

1

(Feb 2025)

-50%

year-over-year

y-o-y

February '25 Feb '25 1
January '25 Jan '25 1
December '24 Dec '24 2
November '24 Nov '24 2
October '24 Oct '24 3
September '24 Sep '24 N/A
August '24 Aug '24 1
July '24 Jul '24 2
June '24 Jun '24 2
May '24 May '24 1
April '24 Apr '24 N/A
March '24 Mar '24 N/A

Foreclosure Starts i

1

(Feb 2025)

-50%

year-over-year

y-o-y

February '25 Feb '25 1
January '25 Jan '25 1
December '24 Dec '24 2
November '24 Nov '24 2
October '24 Oct '24 3
September '24 Sep '24 N/A
August '24 Aug '24 1
July '24 Jul '24 2
June '24 Jun '24 2
May '24 May '24 1
April '24 Apr '24 N/A
March '24 Mar '24 N/A

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 1
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 N/A

Nearby Zip Codes

1. 48067
2. 48068

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