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ROYAL OAK, MI 48067

Real Estate Market Report  ·  Oakland County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
112
⇧ 24.4% vs 90 last year
Pending
19
17% pending ratio
Median Price
$375,000
⇩ 3.6% vs $388,825 last year
Average Price
$458,020
⇧ 4.5% vs $438,482 last year
Days on Market
72
⇧ 33.3% vs 54 days last year

Market Context

Population: 24,285  ·  Density: 2,057.1/mi²  ·  Median household income: $102,687

Typical home value: $290,918  ·  Homeownership: 67.3%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The ROYAL OAK, MI real estate market (48067) currently shows 112 active listings, with 19 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 72 days on market compared to 54 days last year.

The median listing price has fallen 3.6% year-over-year, from $388,825 to $375,000.

Whether you are buying or selling in ROYAL OAK, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 112 this year vs 90 last year
  • Days on market: 72 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $375,000 (-3.6% YoY)
  • Average: $458,020 (+4.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.5 miles — 1,211 listings ($268,612,516 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48067Royal Oak, MI 480670.0 mi112$51,298,240$375,000$458,020
48070Huntington Woods, MI 480701.7 mi2$859,900$429,950$429,950
48220Ferndale, MI 482202.2 mi90$25,062,480$239,000$278,472
48072Berkley, MI 480722.5 mi36$13,545,684$344,950$376,269
48237Oak Park, MI 482372.9 mi80$19,973,120$244,900$249,664
48092Warren, MI 480924.3 mi53$13,522,526$255,000$255,142
48221Detroit, MI 482214.4 mi214$41,616,366$175,000$194,469
48076Southfield, MI 480764.8 mi64$18,626,368$285,000$291,037
48075Southfield, MI 480755.1 mi66$17,278,668$230,000$261,798
48235Detroit, MI 482355.3 mi217$28,921,326$129,900$133,278
48015Center Line, MI 480155.7 mi24$3,859,008$172,500$160,792
48093Warren, MI 480936.5 mi71$17,085,156$245,000$240,636
48238Detroit, MI 482386.5 mi182$16,963,674$81,950$93,207

Frequently Asked Questions

How many homes are for sale in ROYAL OAK, MI 48067?

As of January 2026, there are 112 active listings in ROYAL OAK, MI (zip code 48067), compared to 90 the prior year.

What is the median home price in ROYAL OAK, MI 48067?

The median listing price in ROYAL OAK, MI 48067 is $375,000 as of January 2026, a 3.6% decrease from $388,825 the prior year.

How long do homes stay on the market in ROYAL OAK, MI?

Homes in ROYAL OAK, MI 48067 spend an average of 72 days on the market before going under contract, compared to 54 days the prior year.

Is it a seller's or buyer's market in ROYAL OAK, MI 48067?

Based on current inventory and days-on-market data as of January 2026, ROYAL OAK, MI 48067 is currently a Buyer's Market. Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 72 days on market compared to 54 days last year.

How much can I save on real estate commission in ROYAL OAK, MI?

With SELL123.com's maximum 3% commission, sellers in ROYAL OAK, MI 48067 save an estimated $7,500 compared to a typical 5% commission on the median listing price of $375,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.