Royal Oak, MI Real Estate Prices per Square Foot
Buy prices, rent prices, historical development and submitted values for Royal Oak, MI.
Average buy price
$285.00 / sqft
Typical residential purchase price per square foot.
Average rent
$1.90 / sqft / month
Monthly rent per square foot.
Median home price
$374,776
Estimated median residential sale price.
Median monthly rent
$1,995
Estimated median rent for the city.
Historical price development
Buy price development
Buy prices have increased by about 36.1% over the last 5 years.
Rent price development
Rent prices have decreased by about 26.8% over the last 5 years.
Submitted values in Royal Oak
This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.
| Date | Type | Property | Price / sqft | Size | Total | Area |
|---|---|---|---|---|---|---|
| 2026-07-03 | Buy | single-family home | $301.00 / sqft | 1,440 sqft | $433,440 | Starr Acres 48073 |
| 2026-07-03 | Buy | condo | $248.00 / sqft | 760 sqft | $188,480 | Coolidge Corridor 48073 |
| 2026-06-30 | Buy | loft | $365.00 / sqft | 1,088 sqft | $397,120 | Downtown Royal Oak 48067 |
| 2026-06-30 | Buy | single-family home | $282.00 / sqft | 1,280 sqft | $360,960 | Red Run 48073 |
| 2026-06-29 | Buy | duplex | $235.00 / sqft | 1,850 sqft | $434,750 | Lincoln Avenue 48067 |
| 2026-06-28 | Rent | condo | $2.32 / sqft | 875 sqft | $2,030 | Washington Square 48067 |
| 2026-06-28 | Buy | condo | $265.00 / sqft | 980 sqft | $259,700 | Coolidge Corridor 48073 |
| 2026-06-27 | Rent | condo | $1.95 / sqft | 1,055 sqft | $2,057 | Northwood 48073 |
| 2026-06-24 | Rent | apartment | $1.89 / sqft | 735 sqft | $1,389 | Gardenia Grove 48073 |
| 2026-06-24 | Rent | duplex | $1.72 / sqft | 1,180 sqft | $2,030 | Roseland Park 48067 |
| 2026-06-22 | Rent | luxury apartment | $3.60 / sqft | 760 sqft | $2,736 | Downtown Royal Oak 48067 |
| 2026-06-16 | Rent | apartment | $2.82 / sqft | 615 sqft | $1,734 | Downtown Royal Oak 48067 |
| 2026-06-14 | Rent | condo | $2.18 / sqft | 1,120 sqft | $2,442 | Washington Square 48067 |
| 2026-06-13 | Buy | townhouse | $310.00 / sqft | 1,425 sqft | $441,750 | Washington Square 48067 |
| 2026-06-10 | Rent | townhouse | $1.78 / sqft | 1,605 sqft | $2,857 | Red Run 48073 |
| 2026-06-10 | Rent | townhouse | $2.10 / sqft | 1,450 sqft | $3,045 | Beaumont-Woodward 48073 |
| 2026-06-09 | Rent | apartment | $2.25 / sqft | 552 sqft | $1,242 | Woodwardside 48067 |
| 2026-06-08 | Rent | luxury apartment | $3.25 / sqft | 1,185 sqft | $3,851 | Downtown Royal Oak 48067 |
| 2026-06-08 | Rent | loft | $2.98 / sqft | 920 sqft | $2,742 | Downtown Royal Oak 48067 |
| 2026-06-08 | Rent | duplex | $1.65 / sqft | 1,250 sqft | $2,063 | Lincoln Avenue 48067 |
| 2026-06-08 | Buy | single-family home | $224.00 / sqft | 935 sqft | $209,440 | Gardenia Grove 48073 |
| 2026-06-03 | Buy | loft | $382.00 / sqft | 1,215 sqft | $464,130 | Downtown Royal Oak 48067 |
| 2026-06-02 | Buy | single-family home | $302.00 / sqft | 1,650 sqft | $498,300 | Northwood 48073 |
| 2026-06-01 | Buy | duplex | $243.00 / sqft | 2,110 sqft | $512,730 | Beaumont-Woodward 48073 |
| 2026-05-30 | Buy | single-family home | $318.00 / sqft | 1,510 sqft | $480,180 | Vinsetta Park 48073 |
| 2026-05-29 | Rent | single-family home | $1.55 / sqft | 1,580 sqft | $2,449 | Starr Acres 48073 |
| 2026-05-28 | Buy | single-family home | $341.00 / sqft | 1,915 sqft | $653,015 | Normandy Oaks 48073 |
| 2026-05-24 | Buy | single-family home | $238.00 / sqft | 1,040 sqft | $247,520 | Gardenia Grove 48073 |
| 2026-05-23 | Rent | single-family home | $1.70 / sqft | 2,040 sqft | $3,468 | Northwood 48073 |
| 2026-05-21 | Rent | luxury apartment | $3.95 / sqft | 1,010 sqft | $3,990 | Downtown Royal Oak 48067 |
| 2026-05-16 | Buy | single-family home | $250.00 / sqft | 1,120 sqft | $280,000 | South Royal Oak 48067 |
| 2026-05-15 | Buy | single-family home | $259.00 / sqft | 1,245 sqft | $322,455 | Woodwardside 48067 |
| 2026-05-13 | Buy | condo | $292.00 / sqft | 1,125 sqft | $328,500 | Downtown Royal Oak 48067 |
| 2026-05-12 | Rent | apartment | $2.06 / sqft | 790 sqft | $1,627 | Woodwardside 48067 |
| 2026-05-11 | Buy | single-family home | $360.00 / sqft | 2,260 sqft | $813,600 | Vinsetta Park 48073 |
| 2026-05-06 | Buy | single-family home | $276.00 / sqft | 1,375 sqft | $379,500 | Roseland Park 48067 |
| 2026-05-05 | Rent | apartment | $1.96 / sqft | 675 sqft | $1,323 | Gardenia Grove 48073 |
| 2026-05-03 | Rent | condo | $2.05 / sqft | 940 sqft | $1,927 | Beaumont-Woodward 48073 |
| 2026-05-01 | Rent | single-family home | $1.62 / sqft | 1,725 sqft | $2,795 | Red Run 48073 |
| 2026-04-28 | Buy | multi-family home | $218.00 / sqft | 2,460 sqft | $536,280 | Lincoln Avenue 48067 |
| 2026-04-27 | Rent | single-family home | $1.48 / sqft | 1,495 sqft | $2,213 | Roseland Park 48067 |
| 2026-04-27 | Buy | single-family home | $205.00 / sqft | 880 sqft | $180,400 | Lincoln Avenue 48067 |
| 2026-04-27 | Rent | single-family home | $1.80 / sqft | 1,860 sqft | $3,348 | Vinsetta Park 48073 |
| 2026-04-17 | Buy | single-family home | $405.00 / sqft | 3,425 sqft | $1,387,125 | Normandy Oaks 48073 |
| 2026-04-17 | Rent | multi-family home | $1.52 / sqft | 1,380 sqft | $2,098 | Lincoln Avenue 48067 |
| 2026-04-16 | Buy | townhouse | $286.00 / sqft | 1,348 sqft | $385,528 | South Royal Oak 48067 |
| 2026-04-14 | Rent | townhouse | $1.92 / sqft | 1,315 sqft | $2,525 | South Royal Oak 48067 |
| 2026-04-12 | Rent | apartment | $1.74 / sqft | 850 sqft | $1,479 | Northwood 48073 |
| 2026-04-08 | Buy | single-family home | $390.00 / sqft | 2,780 sqft | $1,084,200 | Normandy Oaks 48073 |
| 2026-04-07 | Buy | townhouse | $334.00 / sqft | 1,560 sqft | $521,040 | Downtown Royal Oak 48067 |
| 2025-12-01 | Rent | duplex | $1.72 / sqft / month | 1,210 sqft | $2,081 | Lincoln Avenue 48067 |
| 2025-05-20 | Buy | loft | $332.00 / sqft | 1,120 sqft | $371,840 | Downtown Royal Oak 48067 |
| 2024-09-01 | Rent | condo | $1.88 / sqft / month | 1,010 sqft | $1,899 | Coolidge Corridor 48073 |
| 2024-06-13 | Buy | single-family home | $276.00 / sqft | 1,385 sqft | $382,260 | Roseland Park 48067 |
| 2023-10-15 | Rent | single-family home | $1.61 / sqft / month | 1,700 sqft | $2,737 | Vinsetta Park 48073 |
| 2023-07-07 | Buy | condo | $252.00 / sqft | 1,045 sqft | $263,340 | Downtown Royal Oak 48067 |
| 2022-11-01 | Rent | townhouse | $1.68 / sqft / month | 1,340 sqft | $2,251 | South Royal Oak 48067 |
| 2022-05-16 | Buy | single-family home | $267.00 / sqft | 1,620 sqft | $432,540 | Normandy Oaks 48073 |
| 2021-08-01 | Rent | luxury apartment | $2.35 / sqft / month | 820 sqft | $1,927 | Downtown Royal Oak 48067 |
| 2021-04-21 | Buy | single-family home | $244.00 / sqft | 1,305 sqft | $318,420 | Red Run 48073 |
| 2020-09-15 | Rent | single-family home | $1.42 / sqft / month | 1,580 sqft | $2,244 | Starr Acres 48073 |
| 2020-06-02 | Buy | townhouse | $225.00 / sqft | 1,390 sqft | $312,750 | Washington Square 48067 |
| 2019-12-01 | Rent | condo | $1.62 / sqft / month | 990 sqft | $1,604 | Beaumont-Woodward 48073 |
| 2019-07-11 | Buy | single-family home | $218.00 / sqft | 1,515 sqft | $330,270 | Northwood 48073 |
| 2018-10-15 | Rent | duplex | $1.29 / sqft / month | 1,160 sqft | $1,496 | Lincoln Avenue 48067 |
| 2018-05-24 | Buy | single-family home | $212.00 / sqft | 1,425 sqft | $302,100 | Woodwardside 48067 |
| 2017-09-01 | Rent | apartment | $1.52 / sqft / month | 740 sqft | $1,125 | Downtown Royal Oak 48067 |
| 2017-04-18 | Buy | condo | $196.00 / sqft | 970 sqft | $190,120 | Coolidge Corridor 48073 |
| 2016-11-01 | Rent | townhouse | $1.35 / sqft / month | 1,280 sqft | $1,728 | South Royal Oak 48067 |
| 2016-06-14 | Buy | single-family home | $184.00 / sqft | 1,260 sqft | $231,840 | Vinsetta Park 48073 |
| 2015-08-15 | Rent | single-family home | $1.18 / sqft / month | 1,510 sqft | $1,782 | Roseland Park 48067 |
| 2015-03-30 | Buy | loft | $205.00 / sqft | 1,085 sqft | $222,425 | Downtown Royal Oak 48067 |
| 2014-12-01 | Rent | apartment | $1.28 / sqft / month | 790 sqft | $1,011 | Gardenia Grove 48073 |
| 2014-07-03 | Buy | single-family home | $162.00 / sqft | 1,480 sqft | $239,760 | Normandy Oaks 48073 |
| 2013-09-15 | Rent | condo | $1.23 / sqft / month | 950 sqft | $1,169 | Beaumont-Woodward 48073 |
| 2013-05-09 | Buy | townhouse | $147.00 / sqft | 1,305 sqft | $191,835 | Washington Square 48067 |
| 2012-10-01 | Rent | duplex | $1.04 / sqft / month | 1,125 sqft | $1,170 | South Royal Oak 48067 |
| 2012-06-19 | Buy | single-family home | $124.00 / sqft | 1,220 sqft | $151,280 | Red Run 48073 |
| 2011-08-01 | Rent | apartment | $1.12 / sqft / month | 735 sqft | $823 | Downtown Royal Oak 48067 |
| 2011-04-26 | Buy | condo | $112.00 / sqft | 880 sqft | $98,560 | Downtown Royal Oak 48067 |
| 2010-11-01 | Rent | single-family home | $0.96 / sqft / month | 1,420 sqft | $1,363 | Woodwardside 48067 |
| 2010-07-08 | Buy | single-family home | $105.00 / sqft | 1,340 sqft | $140,700 | Starr Acres 48073 |
| 2009-09-15 | Rent | condo | $1.00 / sqft / month | 965 sqft | $965 | Northwood 48073 |
| 2009-02-13 | Buy | duplex | $92.00 / sqft | 1,825 sqft | $167,900 | Lincoln Avenue 48067 |
| 2008-10-21 | Buy | single-family home | $128.00 / sqft | 1,190 sqft | $152,320 | Roseland Park 48067 |
| 2008-05-01 | Rent | apartment | $1.04 / sqft / month | 690 sqft | $718 | Gardenia Grove 48073 |
| 2007-12-01 | Rent | townhouse | $1.02 / sqft / month | 1,260 sqft | $1,285 | South Royal Oak 48067 |
| 2007-09-06 | Buy | condo | $158.00 / sqft | 1,010 sqft | $159,580 | Coolidge Corridor 48073 |
| 2006-11-01 | Rent | apartment | $1.15 / sqft / month | 780 sqft | $897 | Downtown Royal Oak 48067 |
| 2006-06-27 | Buy | single-family home | $176.00 / sqft | 1,275 sqft | $224,400 | Red Run 48073 |
| 2005-08-15 | Rent | single-family home | $0.95 / sqft / month | 1,500 sqft | $1,425 | Woodwardside 48067 |
| 2005-03-22 | Buy | loft | $185.00 / sqft | 1,040 sqft | $192,400 | Downtown Royal Oak 48067 |
| 2004-09-01 | Rent | condo | $1.08 / sqft / month | 920 sqft | $994 | Beaumont-Woodward 48073 |
| 2004-05-17 | Buy | single-family home | $165.00 / sqft | 1,540 sqft | $254,100 | Normandy Oaks 48073 |
| 2003-12-12 | Rent | duplex | $0.91 / sqft / month | 1,100 sqft | $1,001 | Lincoln Avenue 48067 |
| 2003-07-28 | Buy | townhouse | $154.00 / sqft | 1,320 sqft | $203,280 | Washington Square 48067 |
| 2002-10-01 | Rent | apartment | $1.02 / sqft / month | 700 sqft | $714 | Downtown Royal Oak 48067 |
| 2002-06-05 | Buy | single-family home | $143.00 / sqft | 1,185 sqft | $169,455 | Northwood 48073 |
| 2001-08-01 | Rent | single-family home | $0.80 / sqft / month | 1,450 sqft | $1,160 | Starr Acres 48073 |
| 2001-04-19 | Buy | condo | $132.00 / sqft | 930 sqft | $122,760 | Downtown Royal Oak 48067 |
| 2000-09-15 | Rent | townhouse | $0.82 / sqft / month | 1,220 sqft | $1,000 | South Royal Oak 48067 |
| 2000-07-12 | Buy | single-family home | $117.00 / sqft | 1,360 sqft | $159,120 | Vinsetta Park 48073 |
| 1999-11-20 | Rent | apartment | $0.91 / sqft / month | 760 sqft | $692 | Gardenia Grove 48073 |
| 1999-05-25 | Buy | duplex | $96.00 / sqft | 1,780 sqft | $170,880 | Lincoln Avenue 48067 |
| 1998-10-01 | Rent | condo | $0.88 / sqft / month | 900 sqft | $792 | Washington Square 48067 |
| 1998-06-30 | Buy | single-family home | $101.00 / sqft | 1,240 sqft | $125,240 | Woodwardside 48067 |
| 1997-03-15 | Rent | single-family home | $0.66 / sqft / month | 1,325 sqft | $875 | Normandy Oaks 48073 |
| 1996-08-09 | Buy | townhouse | $90.00 / sqft | 1,180 sqft | $106,200 | Downtown Royal Oak 48067 |
| 1995-12-01 | Rent | apartment | $0.75 / sqft / month | 640 sqft | $480 | Beaumont-Woodward 48073 |
| 1995-07-18 | Buy | single-family home | $83.00 / sqft | 1,120 sqft | $92,960 | Red Run 48073 |
| 1994-04-10 | Rent | duplex | $0.62 / sqft / month | 1,050 sqft | $651 | Lincoln Avenue 48067 |
| 1993-11-22 | Buy | condo | $72.00 / sqft | 850 sqft | $61,200 | Northwood 48073 |
| 1992-09-01 | Rent | apartment | $0.68 / sqft / month | 720 sqft | $490 | Downtown Royal Oak 48067 |
| 1992-05-14 | Buy | single-family home | $58.00 / sqft | 980 sqft | $56,840 | South Royal Oak 48067 |
Housing market overview for Royal Oak, MI
The real estate market in Royal Oak, MI can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $285.00 / sqft and an average rent of $1.90 / sqft / month.
Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.
The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.
Frequently asked questions
What is the average home price per square foot in Royal Oak?
The average residential buy price in Royal Oak, MI is $285.00 / sqft based on the current values available on this page.
How much is rent per square foot in Royal Oak?
The average rental price in Royal Oak, MI is $1.90 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.
Are property prices in Royal Oak increasing?
Buy prices have increased by about 36.1% over the last 5 years. Rent prices have decreased by about 26.8% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.