The median home value in Royal Oak, MI is $350,000.
This is
higher than
the county median home value of $285,000.
The national median home value is $308,980.
The average price of homes sold in Royal Oak, MI is $350,000.
Approximately 63% of Royal Oak homes are owned,
compared to 30% rented, while
7% are vacant.
Royal Oak real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Royal Oak real estate agent to arrange a tour today! Learn more about Royal Oak.
Take a look at this .41 acre site in down town Royal Oak. Currently zoned Neighborhood Business. Located on the high traffic corner of Main St. and Catalpa, this parcel offers 173 feet of road frontage with water and sewer at street. Nestled just south of the merging of Crooks and Rochester Roads on to Main St. This property catches the high volume of traffic that comes South into downtown Royal Oak. Small 1500 sq. ft. auto shop currently exists on property- value is in the land. Former underground storage tanks have been removed. Permitted to go 36' in Building Height, with an assortment of uses.
2 houses (currently rented) each sitting on 40 x 294 lots- or 80- x 294 combined or .53 of an acre which currently permits building 6 new units! However both homes are surrounded by apartments & condos ON ALL 3 SIDES! Potential of UP TO 16 units. Baker street is walking distance to downtown Royal Oak & currently new construction condos are selling for over $625,000.00 or renting for over $3,400, $3,500.00 per month. (OWNER IS LICENSED)
Zoned Multiple, currently 2 houses (both rented) each sitting on 40 x 294 lots- or 80- x 294 combined or .53 of an acre which currently permits building 6 new units! However, both homes are surrounded by apartments & condos ON ALL 3 SIDES! Potential of more than 6 units (10,12, 16?) . Baker street is walking distance to downtown Royal Oak & currently new construction condos are selling for over $625,000.00 or renting for over $3,300 or $3,500.00 per month. Short term Land Contract OK! (OWNER IS LICENSED)
Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing
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