Here are Royal Oak’s housing market numbers for June 2026, pulled from the same Realcomp and Redfin data behind our Metro Detroit housing market report, which we refresh every month when new MLS data is released. Royal Oak combined the second highest sales volume with a 26 day pace, making it one of the most liquid markets in the metro.
Royal Oak housing market at a glance (June 2026)
- Median sale price: $390,000, up 8.2% year over year
- Homes sold: 137
- Median days on market: 26
- Price per square foot: $267
- Zillow typical home value: $338,048 (ZHVI, June 2026)
What it means for buyers
High volume plus fast pace means constant new inventory but no time to deliberate. Watch the $267 per square foot figure, the highest of the volume suburbs, driven by downtown walkability.
What it means for sellers
Liquidity is your friend: priced right, Royal Oak homes attract multiple offers fast. The premium per square foot rewards updated interiors near downtown.
Work with a local Royal Oak agent
Start with our Royal Oak real estate agents hub, browse Royal Oak homes and market data, or read our guide to finding the best realtor in Royal Oak. Selling? Get a free home valuation built on live comps and see the full cost to sell a house in Michigan.
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Royal Oak market report FAQs
What is the median home price in Royal Oak, MI right now?
The median sale price in Royal Oak was $390,000 in the June 2026 MLS data, up 8.2% year over year, with 137 homes sold and a median of 26 days on market. We update these figures every month when Realcomp releases new data.
How fast do homes sell in Royal Oak, MI?
The June 2026 median was 26 days on market. Well-priced homes typically move faster than the median, and our monthly Metro Detroit report tracks how this pace shifts month to month across 15 cities.