House Prices

House Prices & Home Values Royal Oak, MI 2026


Average Data

average house price$273,706
average size per house1250 ft²
average price per ft²219 $ / ft²

06/10/2026 - The value range (VR) for house prices in Royal Oak, MI is $226/ sqft to $233/ sqft. An average home with 1250 sqft costs approximately $282,500 to $291,250. Royal Oak, MI includes 2 ZIP codes and it is located in Oakland county. The lowest prices are found in ZIP 48067, while the highest are in ZIP 48073. The average price per sqare feet is $219. Our analysis is based on 104 property listings.

Avergage prices by ZIP codes Royal Oak

48067224 $ / ft²
48073248 $ / ft²


House prices by neighborhoods in Royal Oak

Bassett Park220 $ / ft²
Downtown Royal Oak220 $ / ft²
Normandy Oaks247 $ / ft²
Northwood254 $ / ft²
Oak Ridge232 $ / ft²
Royal Oak Rail District231 $ / ft²
South End221 $ / ft²
Triangle District243 $ / ft²
Washington Avenue Historic District249 $ / ft²
Woodward Corridor208 $ / ft²
Woodwardside212 $ / ft²




Historical development of home values in Royal Oak

Year Estimated value (USD) Change vs. 2025
2010 $127,114 -53.6%
2011 $122,199 -55.4%
2012 $121,869 -55.5%
2013 $126,425 -53.8%
2014 $132,711 -51.5%
2015 $139,522 -49.0%
2016 $146,803 -46.4%
2017 $154,727 -43.5%
2018 $163,281 -40.3%
2019 $170,852 -37.6%
2020 $179,685 -34.4%
2021 $204,372 -25.3%
2022 $238,252 -13.0%
2023 $251,247 -8.2%
2024 $265,782 -2.9%
2025 $273,706 0.0%

Graph: estimated home values in Royal Oak over time (USD)



Example: 100% financing house in Royal Oak

Loan amount: $273,706

Interest rate: 6.00%

Fixed monthly payment: $1,641.01

Breakdown in the 1st month:
Interest portion: $1,368.53  –  Principal portion: $272.48

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,330.93 $3,361.14 $270,344.86
2 $16,123.62 $3,568.45 $266,776.41
3 $15,903.53 $3,788.54 $262,987.86
4 $15,669.86 $4,022.21 $258,965.65
5 $15,421.77 $4,270.29 $254,695.36
6 $15,158.39 $4,533.68 $250,161.68
7 $14,878.77 $4,813.30 $245,348.38
8 $14,581.89 $5,110.18 $240,238.20
9 $14,266.71 $5,425.36 $234,812.84
10 $13,932.08 $5,759.99 $229,052.85
11 $13,576.82 $6,115.25 $222,937.60
12 $13,199.64 $6,492.43 $216,445.17
13 $12,799.20 $6,892.86 $209,552.31
14 $12,374.07 $7,318.00 $202,234.31
15 $11,922.71 $7,769.36 $194,464.95
16 $11,443.51 $8,248.56 $186,216.39
17 $10,934.76 $8,757.31 $177,459.08
18 $10,394.63 $9,297.44 $168,161.64
19 $9,821.18 $9,870.89 $158,290.76
20 $9,212.37 $10,479.70 $147,811.06
21 $8,566.00 $11,126.07 $136,684.99
22 $7,879.77 $11,812.30 $124,872.69
23 $7,151.21 $12,540.85 $112,331.84
24 $6,377.72 $13,314.35 $99,017.49
25 $5,556.52 $14,135.55 $84,881.94
26 $4,684.67 $15,007.40 $69,874.55
27 $3,759.05 $15,933.02 $53,941.53
28 $2,776.34 $16,915.73 $37,025.79
29 $1,733.01 $17,959.06 $19,066.73
30 $625.33 $19,066.73 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Royal Oak, MI


1500 sqft3900 sqft
Ø selling price$397,486$845,560
Ø fast selling$361,351$761,004
Ø high price sale$433,621$930,115

In 2026, houses in Royal Oak, MI will be offered at an average price of $219 per square foot. A 1,500 sqft home priced at $397,486 is 22.72% more expensive per square foot than a 3,900 sqft home priced at $845,560. Home prices in Royal Oak, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $585,387. Sellers who can wait longer may achieve a higher price of up to $715,473.

FAQ – Home Values in Royal Oak

What is the median home value in Royal Oak in 2026?

In 2026, the typical home value in Royal Oak is about $273,706 for an average home size of 1250 square feet. This corresponds to an average price of roughly $219 per square foot.

What is the average cost per square foot in Royal Oak?

In 2026, homes in Royal Oak sell for an average of around $219 per square foot, with a typical range between $226 and $233 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Royal Oak is about 1250 square feet, with an estimated 2026 value around $273,706.



Locations close to Royal Oak, MI

Pleasant Ridge, MI238 $ / ft²
Huntington Woods, MI284 $ / ft²
Madison Heights, MI214 $ / ft²
Roseville, MI118 $ / ft²
Romeo, MI165 $ / ft²
Casco, MI149 $ / ft²
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