House Prices

Downtown Royal Oak Royal Oak, MI House Prices & Home Values 2026


Average Data

average house price$253,479
average size per house1162 ft²
average price per ft²213 $ / ft²

06/10/2026 - The value range (VR) for house prices in Downtown Royal Oak Royal Oak, MI is $202.35/ sqft to $223.65/ sqft. An average home with 1162 sqft costs approximately $228,783 to $252,865. Royal Oak, MI includes 1 ZIP codes and it is located in Oakland county. The lowest prices are found in ZIP 48067, while the highest are in ZIP 48067. The average price per sqare feet is $213. Our analysis is based on 8 property listings.

Avergage prices by ZIP codes Downtown Royal Oak Royal Oak

48067220 $ / ft²




Historical development of home values in Downtown Royal Oak Royal Oak

Year Estimated value (USD) Change vs. 2025
2010 $117,720 -53.6%
2011 $113,168 -55.4%
2012 $112,863 -55.5%
2013 $117,082 -53.8%
2014 $122,904 -51.5%
2015 $129,212 -49.0%
2016 $135,955 -46.4%
2017 $143,293 -43.5%
2018 $151,215 -40.3%
2019 $158,226 -37.6%
2020 $166,406 -34.4%
2021 $189,269 -25.3%
2022 $220,645 -13.0%
2023 $232,680 -8.2%
2024 $246,141 -2.9%
2025 $253,479 0.0%

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



Example: 100% financing house in Downtown Royal Oak Royal Oak

Loan amount: $253,479

Interest rate: 5.84%

Fixed monthly payment: $1,493.44

Breakdown in the 1st month:
Interest portion: $1,233.18  –  Principal portion: $260.26

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,713.17 $3,208.06 $250,270.94
2 $14,520.79 $3,400.44 $246,870.51
3 $14,316.87 $3,604.35 $243,266.16
4 $14,100.73 $3,820.50 $239,445.66
5 $13,871.62 $4,049.60 $235,396.06
6 $13,628.77 $4,292.45 $231,103.61
7 $13,371.37 $4,549.86 $226,553.75
8 $13,098.52 $4,822.70 $221,731.05
9 $12,809.31 $5,111.91 $216,619.14
10 $12,502.77 $5,418.46 $211,200.68
11 $12,177.83 $5,743.39 $205,457.29
12 $11,833.42 $6,087.81 $199,369.49
13 $11,468.34 $6,452.88 $192,916.61
14 $11,081.38 $6,839.84 $186,076.76
15 $10,671.21 $7,250.01 $178,826.75
16 $10,236.44 $7,684.78 $171,141.97
17 $9,775.60 $8,145.62 $162,996.35
18 $9,287.13 $8,634.09 $154,362.25
19 $8,769.36 $9,151.86 $145,210.39
20 $8,220.55 $9,700.68 $135,509.72
21 $7,638.82 $10,282.40 $125,227.31
22 $7,022.21 $10,899.02 $114,328.29
23 $6,368.62 $11,552.61 $102,775.69
24 $5,675.83 $12,245.39 $90,530.30
25 $4,941.51 $12,979.72 $77,550.58
26 $4,163.14 $13,758.08 $63,792.50
27 $3,338.10 $14,583.12 $49,209.38
28 $2,463.58 $15,457.64 $33,751.74
29 $1,536.63 $16,384.60 $17,367.14
30 $554.08 $17,367.14 $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 Downtown Royal Oak Royal Oak, MI


1500 sqft3900 sqft
Ø selling price$376,157$800,189
Ø fast selling$341,961$720,170
Ø high price sale$410,354$880,208

In 2026, houses in Downtown Royal Oak Royal Oak, MI will be offered at an average price of $213 per square foot. A 1,500 sqft home priced at $376,157 is 22.38% more expensive per square foot than a 3,900 sqft home priced at $800,189. Home prices in Downtown Royal Oak Royal Oak, MI vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $553,977. Sellers who can wait longer may achieve a higher price of up to $677,083.


Downtown Royal Oak Neighborhood Guide

Vibe and Lifestyle

Downtown Royal Oak in Royal Oak, MI blends urban energy with small-town charm for residents and visitors. This walkable district features tree-lined streets, modern lofts, and historic storefronts that create a lively streetscape. Food lovers flock to Downtown Royal Oak for chef-driven restaurants, cozy coffee shops, and late-night bites. Boutiques, salons, and specialty retailers make shopping convenient and varied throughout the downtown core. Entertainment thrives with indie theaters, comedy clubs, and live music venues that anchor the neighborhood?s arts scene.


Dining, Shopping, and Things to Do

The nearby Royal Oak Farmers Market and seasonal street festivals add community spirit and fresh, local flavor. Outdoor enthusiasts appreciate access to pocket parks, bike-friendly streets, and quick trips to the Detroit Zoo and area trails. Commuters value easy connections to I-696 and Woodward Avenue, rideshare options, and frequent parking structures. Housing ranges from luxury apartments to renovated lofts, appealing to young professionals, downsizers, and investors. Whether you?re exploring nightlife, scouting real estate, or planning a weekend, Downtown Royal Oak offers a dynamic, year-round destination in Metro Detroit.



FAQ – Home Values in Downtown Royal Oak Royal Oak

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

In 2026, the typical home value in Downtown Royal Oak Royal Oak is about $253,479 for an average home size of 1162 square feet. This corresponds to an average price of roughly $213 per square foot.

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

In 2026, homes in Downtown Royal Oak Royal Oak sell for an average of around $213 per square foot, with a typical range between $202.35 and $223.65 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Downtown Royal Oak?

The average home size in Downtown Royal Oak Royal Oak is about 1162 square feet, with an estimated 2026 value around $253,479.



Neighborhoods close to Downtown Royal Oak Royal Oak, MI

Northwood Royal Oak, MI254 $ / ft²
The Orchards Washington, MI194 $ / ft²
Downtown Brighton Brighton, MI174 $ / ft²
Decora Park New Haven, MI116 $ / ft²
Waldenburg Macomb, MI126 $ / ft²




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