Royal Oak Real Estate

Royal Oak is a city in Oakland County of the U.S. state of Michigan. It is a suburb of Detroit. As of the 2010 census, the city had a population of 57,236. It is the 8th-largest municipality in Oakland County and the 27th largest municipality in Michigan by population.

Royal Oak was incorporated as a village, in 1891, and as a city in 1921. The name originated in 1819, during one of Territorial Governor Lewis Cass' surveying expeditions. A large oak tree located near the present-day intersection of Crooks, Rochester, and Main reminded Cass of the Royal Oak which King Charles II of England hid in to escape capture by the Roundheads after the Battle of Worcester.
In the 1920s, Father Charles Coughlin became the founding pastor of the Shrine of the Little Flower, a prominent landmark in the city. Through his ministry, he raised funds to build the present limestone Church complex and tower from which he aired his radio show.
Throughout the late 1990s and early 2000s, Royal Oak's downtown grew into an entertainment and nightlife destination. A number of large condominiums and lofts have been built in the area. The city also has a Farmers Market located at the corner of 11 Mile Road and Troy Street, adjacent to the 44th District Court. The Royal Oak Farmers Market opened as a truck market, at the corner of 4th and Troy streets, on October 14, 1925 as a cooperative venture between the then-new City of Royal Oak and Oakland County, Michigan. The present structure was erected in the spring of 1927 and dedicated July 1 of that year.

Royal Oak - Town vs. County Stats

Avg Price in Royal Oak: $538,700 / County Avg $717,400

75%

Avg Taxes in Royal Oak: $6,200 / County Avg $689,900

1%

Avg Sq. Ft. in Royal Oak: 2,198 / County Avg 2,437

90%

Avg Price per/sqft in Royal Oak:$245 / County Avg $294

83%

Avg Walkscore in Royal Oak: 67 / County Avg 35

191%

Avg Year Built in Royal Oak: 1965 / County Avg 1979

99%

Avg Days on Website in Royal Oak: 34 / County Avg 81

42%

Royal Oak Real Estate Market Health

New Listings
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