Homes Under $500K in Royal Oak, MI

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Homes Under $500K in Royal Oak, MI

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Royal Oak housing market

September 2026

Selling at 98.7% of asking price

Buyers here are paying below asking. MLS · 87 sales · as of Sep 30, 2026

Homes that sold · County records, as of Sep 23, 2026

Median sale price: $327,450$276,875–$412,375 typical range
Price per sq. ft.: $277
Sales: 60
Paid in cash: 48.3%

Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

Median list price: $372,500
Homes for sale: 290
Median days on market: 12 days

Price trend · Assessor repeat sales, as of Sep 30, 2026

Year-over-year: -1.7%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

Median home size: 1,226 sq. ft.

Royal Oak, MI community profile

Population: 58,889
Median income: $94,769
Housing units: 31,203
People per sq. mi.: 5,076.6
Area: 11.6 sq. mi.

Source: HJN community data

Your local team in Royal Oak

Your local team in Royal Oak

Your local team in Royal Oak

Listing data & MLS disclosures

Royal Oak housing market

Homes that sold · County records, as of Sep 23, 2026

Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

Royal Oak, MI community profile

Explore Royal Oak homes

Your local team in Royal Oak

Listing data & MLS disclosures

Royal Oak, MI community profile

Royal Oak housing market

Homes that sold · County records, as of Sep 23, 2026

Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026