$475,000
- 3 bd
- 2 ba
- 1,700 sqft
919 E Lincoln Ave
Royal Oak, MI Housing Market
$330,955
2.1% 1-yrThe average Royal Oak, MI home value is $330,955, up 2.1% over the past year, and homes go to pending in around 10 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Royal Oak Key Takeaways
Typical Home Values: $330,955
1-Year Value Change: +2.1%
(Data through August 31, 2026)
Royal Oak Housing Market Overview
1-Year Market Forecast: --
For Sale Inventory: 347 ()
New Listings: 147 ()
Median Sale to List Ratio: 1.000 ()
Median Sale Price: $367,317 ()
Median List Price: $376,333 ()
Percent of Sales Over List Price: 46.2% ()
Percent of Sales Under List Price: 37.0% ()
Median Days to Pending: 10 ()
(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Royal Oak
- NameMedian ZHVI
- Garden Homes$71,634
- Eight Mile Wyoming$73,408
- Pembroke--
- Green Acres$210,793
- Blackstone Park$83,012
- Oak Grove$93,839
- McDowell$123,511
- Schaefer Lodge$112,194
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Royal Oak Homes for Sale
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Royal Oak Rental Market Trends
Average Rent: $2,085 ()
National Average Rent: $1,948 ()
Month-Over-Month Change: 0.1% ()
Year-Over-Year Change: 3.7% ()
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Royal Oak, MI?
The median home value in Royal Oak, MI is $330,955 as of August 2026. This represents a 0.2% increase compared to last month and a 2.1% increase year-over-year.
How have home values changed in Royal Oak, MI?
Home values in Royal Oak, MI have increased by 0.2% month-over-month and 2.1% year-over-year.
How do home values in Royal Oak, MI compare to Oakland County, Michigan, and the national average?
The median home value in Royal Oak, MI ($330,955) compares to: Oakland County ($368,287), Michigan ($266,292), and the U.S. national median ($368,697).
