House Prices

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


Average Data

average house price$292,455
average size per house1329 ft²
average price per ft²219 $ / ft²

06/10/2026 - The value range (VR) for house prices in Oak Ridge Royal Oak, MI is $208.05/ sqft to $229.95/ sqft. An average home with 1329 sqft costs approximately $274,287 to $303,159. Royal Oak, MI includes 1 ZIP codes and it is located in Oakland county. The lowest prices are found in ZIP 48073, while the highest are in ZIP 48073. The average price per sqare feet is $219. Our analysis is based on 8 property listings.

Avergage prices by ZIP codes Oak Ridge Royal Oak

48073232 $ / ft²




Historical development of home values in Oak Ridge Royal Oak

Year Estimated value (USD) Change vs. 2025
2010 $135,821 -53.6%
2011 $130,569 -55.4%
2012 $130,218 -55.5%
2013 $135,085 -53.8%
2014 $141,802 -51.5%
2015 $149,080 -49.0%
2016 $156,860 -46.4%
2017 $165,326 -43.5%
2018 $174,466 -40.3%
2019 $182,556 -37.6%
2020 $191,993 -34.4%
2021 $218,371 -25.3%
2022 $254,572 -13.0%
2023 $268,458 -8.2%
2024 $283,989 -2.9%
2025 $292,455 0.0%

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



Example: 100% financing house in Oak Ridge Royal Oak

Loan amount: $292,455

Interest rate: 5.95%

Fixed monthly payment: $1,744.40

Breakdown in the 1st month:
Interest portion: $1,450.58  –  Principal portion: $293.82

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $17,309.13 $3,623.68 $288,831.32
2 $17,087.46 $3,845.34 $284,985.98
3 $16,852.24 $4,080.57 $280,905.41
4 $16,602.63 $4,330.18 $276,575.24
5 $16,337.75 $4,595.06 $271,980.18
6 $16,056.67 $4,876.14 $267,104.04
7 $15,758.39 $5,174.42 $261,929.62
8 $15,441.86 $5,490.94 $256,438.68
9 $15,105.98 $5,826.83 $250,611.85
10 $14,749.55 $6,183.26 $244,428.59
11 $14,371.31 $6,561.50 $237,867.10
12 $13,969.94 $6,962.87 $230,904.23
13 $13,544.01 $7,388.79 $223,515.44
14 $13,092.04 $7,840.77 $215,674.67
15 $12,612.41 $8,320.40 $207,354.27
16 $12,103.44 $8,829.36 $198,524.91
17 $11,563.34 $9,369.46 $189,155.44
18 $10,990.21 $9,942.60 $179,212.84
19 $10,382.01 $10,550.80 $168,662.04
20 $9,736.61 $11,196.20 $157,465.85
21 $9,051.73 $11,881.08 $145,584.77
22 $8,324.95 $12,607.86 $132,976.91
23 $7,553.72 $13,379.09 $119,597.82
24 $6,735.31 $14,197.50 $105,400.32
25 $5,866.83 $15,065.97 $90,334.35
26 $4,945.23 $15,987.57 $74,346.78
27 $3,967.26 $16,965.54 $57,381.23
28 $2,929.46 $18,003.34 $39,377.89
29 $1,828.18 $19,104.62 $20,273.27
30 $659.54 $20,273.27 $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 Oak Ridge Royal Oak, MI


1500 sqft3900 sqft
Ø selling price$394,306$838,795
Ø fast selling$358,460$754,916
Ø high price sale$430,152$922,674

In 2026, houses in Oak Ridge Royal Oak, MI will be offered at an average price of $219 per square foot. A 1,500 sqft home priced at $394,306 is 22.82% more expensive per square foot than a 3,900 sqft home priced at $838,795. Home prices in Oak Ridge 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 $580,704. Sellers who can wait longer may achieve a higher price of up to $709,750.

FAQ – Home Values in Oak Ridge Royal Oak

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

In 2026, the typical home value in Oak Ridge Royal Oak is about $292,455 for an average home size of 1329 square feet. This corresponds to an average price of roughly $219 per square foot.

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

In 2026, homes in Oak Ridge Royal Oak sell for an average of around $219 per square foot, with a typical range between $208.05 and $229.95 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Oak Ridge?

The average home size in Oak Ridge Royal Oak is about 1329 square feet, with an estimated 2026 value around $292,455.



Neighborhoods close to Oak Ridge Royal Oak, MI

The Orchards Washington, MI194 $ / ft²
Downtown Brighton Brighton, MI174 $ / ft²
Golfview Manor Dearborn Heights, MI138 $ / ft²
Downtown Royal Oak Royal Oak, MI220 $ / ft²
Decora Park New Haven, MI116 $ / ft²
Waldenburg Macomb, MI126 $ / ft²
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