Royal Oak, MI housing market
Homes typically sell in 15 days, a little above asking.
Home values, sales, trends and how Royal Oak compares with the towns next door — updated as new data is published.
Royal Oak at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Royal Oak and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Royal Oak | — | — | 15 | $101,109 |
| Huntington Woods | $543K | +4.5% | — | $190,150 |
| Madison Heights | $220K | −1.3% | 13 | $69,503 |
| Clawson | $287K | +1.5% | 14 | $88,636 |
| Troy | $459K | +2.2% | 14 | $120,045 |
| Berkley | $317K | +1.9% | 8 | $116,239 |
| Ferndale | $251K | −1.5% | 16 | $94,640 |
3.3 years of income
The typical Royal Oak home costs about 3.3 years of the town's median household income, less than across Michigan (3.7 years).
How Royal Oak ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.