The median sale price of a home in Downtown Royal Oak was $390K last month, down 9.3% since last year. The median sale price per square foot in Downtown Royal Oak is $312, up 4.3% since last year.
What is the housing market like in Downtown Royal Oak today?
In March 2024, Downtown Royal Oak home prices were down 9.3% compared to last year, selling for a median price of $390K. On average, homes in Downtown Royal Oak sell after 39 days on the market compared to 77 days last year. There were 11 homes sold in March this year, up from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$390,000
-9.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Royal Oak, MI
$390,000
-9.3%
United States
To compare other locations to the Downtown 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.
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How hot is the Downtown Royal Oak housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.6%
+0.2 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Royal Oak, MI
98.6%
+0.2 pt
United States
Home offer insights for Downtown Royal Oak
Explore recent offers and recently sold homes in Downtown Royal Oak
Recent offers
View houses in Downtown Royal Oak that sold recently
Learn about schools in the Downtown Royal Oak area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Royal Oak housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Royal Oak.
Risk Factor
Flood Factor - Minor
1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Royal Oak has a minor risk of flooding. 3 properties in Downtown Royal Oak are likely to be
severely affected
by flooding over the next 30 years. This represents 1% of all properties in Downtown Royal Oak. Flood risk is increasing slower than the national average.
Downtown Royal Oak has minimal risk of severe winds over the next 30 years
Wind Factor
Downtown Royal Oak has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
87% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Downtown Royal Oak has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 87% of homes in Downtown Royal Oak have a Moderate Heat Factor®.
Downtown Royal Oak is expected to see a 128% increase in the number of days over 97ºF over the next 30 years. Downtown Royal Oak is expected to experience 8