What is the housing market like in Downtown Royal Oak today?
In December 2024, Downtown Royal Oak home prices were down 19.5% compared to last year, selling for a median price of $350K. On average, homes in Downtown Royal Oak sell after 14 days on the market compared to 13 days last year. There were 7 homes sold in December this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$350,000
-19.5% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Downtown Royal Oak, MI
$350,000
-19.5%
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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All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
96.8%
-1.0 pt YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Downtown Royal Oak, MI
96.8%
-1.0 pt
United States
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.
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. 1 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.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Royal Oak has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Royal Oak is most at risk from severe storms. 223 properties in Downtown Royal Oak have some risk of being in a severe wind event within the next 30 years.
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