Royal Oak, MI housing market: October 2026

In October 2026, 67 residential sales closed in Royal Oak, at a median price of $350,000, down 12.5% from October 2025. Days on market until sale: 26. 229 homes were for sale at the end of the month, 3.0 months of supply. 14 condos sold, at a median of $196,500.

Median sale price: $350,000; October 2025: $400,000 (−12.5%)
Closed sales: 67; October 2025: 78 (−14.1%)
Days on market until sale: 26; October 2025: 24 (+8.3%)
Months of supply: 3.0; October 2025: 2.3 (+30.4%)

Residential sales, October 2026 against October 2025. From Realcomp's Local Market Update; sources below.

Homes for sale in Royal Oak Property tax in Royal Oak Our Royal Oak guide

Every figure for October 2026

Residential
Measure	October 2025	October 2026	Change	Year to date 2025	Year to date 2026	Change
New listings	139	139	0.0%	1,127	1,301	+15.4%
Pending sales	82	69	−15.9%	771	798	+3.5%
Closed sales	78	67	−14.1%	749	773	+3.2%
Days on market until sale	24	26	+8.3%	21	24	+14.3%
Median sale price*	$400,000	$350,000	−12.5%	$373,000	$379,999	+1.9%
Average sale price*	$481,089	$385,779	−19.8%	$441,251	$443,612	+0.5%
Percent of list price received*	99.8%	97.8%	−2.0%	100.9%	100.2%	−0.7%
Homes for sale at month's end	173	229	+32.4%	–	–	–
Months of supply	2.3	3.0	+30.4%	–	–	–

Condos
Measure	October 2025	October 2026	Change	Year to date 2025	Year to date 2026	Change
New listings	35	33	−5.7%	331	341	+3.0%
Pending sales	17	18	+5.9%	180	188	+4.4%
Closed sales	17	14	−17.6%	177	182	+2.8%
Days on market until sale	27	35	+29.6%	37	46	+24.3%
Median sale price*	$325,000	$196,500	−39.5%	$259,900	$237,750	−8.5%
Average sale price*	$302,429	$198,857	−34.2%	$289,788	$264,654	−8.7%
Percent of list price received*	97.0%	95.6%	−1.4%	98.1%	97.4%	−0.7%
Homes for sale at month's end	74	83	+12.2%	–	–	–
Months of supply	4.3	4.7	+9.3%	–	–	–

* Does not account for sale concessions or down payment assistance. Percent changes are Realcomp's, calculated from rounded figures, and can look extreme where there are few sales. Residential and condo sales are counted apart.

Nearby: Oakland County

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