Royal Oak Housing Information - Census

IndexRoyal OakMichiganNational
Median home price$159,000$120,200$175,700
Median rent asked$901$780$920
Avg. people per household2.02.52.6
Owner occupied households67.0%71.5%64.4%
Renter occupied households33.0%28.5%35.6%

Royal Oak Housing Information - Zillow

IndexRoyal OakMichiganNational
Zillow home value index$218,100$132,300$196,500
Year over year appreciation rate10.60%7.91%6.79%
5 year average appreciation rate11.18%8.20%5.28%
10 year average appreciation rate2.05%-0.30%0.01%

Did you know?

  • The median home price in Royal Oak is 10% lower than the national average.
  • The median rent asked in Royal Oak is 2% lower than the national average.
  • The average number of people per household in Royal Oak is 24% lower than the national average.
  • The number of owner occupied households in Royal Oak is 4% higher than the national average.
  • The number of renter occupied households in Royal Oak is 7% lower than the national average.

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Compare Royal Oak, MI Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Highland Park, MI10,951$39,10078%
Hamtramck, MI22,256$39,80077%
Detroit, MI695,437$45,10074%
Hazel Park, MI16,532$49,10072%
Inkster, MI25,056$51,70071%
Royal Oak, MI58,382$159,00010%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Chapel Hill, NC58,379$379,900116%
South Whittier, CA58,328$348,40098%
Marietta, GA58,436$206,30017%
La Mesa, CA58,239$379,000116%
Tonawanda CDP, NY58,204$116,70034%
Royal Oak, MI58,382$159,00010%
Source: The Royal Oak, MI housing data displayed above is derived from the United States Census Bureau and Zillow data.