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Royal Oak, MI Housing Market
What is the housing market like in Royal Oak today?To compare other locations to the Royal Oak and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Royal Oak add value to a home.
$352K
Sale Price
+13.5%
since last year
since last year
$270
Sale $/Sq. Ft.
+9.1%
since last year
since last year
Over List Price
1.4%
Days on Market
11
Down Payment
15.2%
Total Homes Sold
124
Royal Oak Migration & Relocation Trends
In Jun '23 - Aug '23, 27% of Royal Oak homebuyers searched to move out of Royal Oak, while 73% looked to stay within the metropolitan area.
- Across the nation, 0.79% of homebuyers searched to move into Royal Oak from outside metros.
- Washington homebuyers searched to move into Royal Oak more than any other metro followed by Los Angeles and San Francisco.
Where are people moving to Royal Oak from?
- 73% of Royal Oak homebuyers searched to stay within the Royal Oak metropolitan area.
- Grand Rapids was the most popular destination among Royal Oak homebuyers followed by Cape Coral and Chicago.
Where are people from Royal Oak moving to?
Number of People Moving to Royal Oak
least
most
People are moving to Royal Oak from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Jun '23 - Aug '23 | ||
| 1 | 288 | ||
| 2 | 259 | ||
| 3 | 233 | ||
| 4 | 195 | ||
| 5 | 168 | ||
| 6 | 65 | ||
| 7 | 64 | ||
| 8 | 53 | ||
| 9 | 32 | ||
| 10 | 26 | ||
People are leaving Royal Oak for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jun '23 - Aug '23 | ||
| 1 | 1,042 | ||
| 2 | 297 | ||
| 3 | 281 | ||
| 4 | 254 | ||
| 5 | 208 | ||
| 6 | 198 | ||
| 7 | 179 | ||
| 8 | 176 | ||
| 9 | 167 | ||
| 10 | 163 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Royal Oak.
Risk Factor
Provided by First Street Foundation
Transportation in Royal Oak
Learn about the walkability, bikeability, and transit-friendliness of Royal Oak
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