Royal Oak (48073) has an estimated 32,798 residents with 32,570 of those people in approximately 15,942 housing units. The 48073 zipcode contains 7,861 housing units that are owned with a mortgage or a loan, 3,202 housing units that are owned free and clear and 4,879 housing units that are renter occupied.

In Royal Oak (48073) the median listing price of $244,450 has dropped by $550 since 2018-10.

In 2018 the average percentage drop was 3.23% of original listing price.

78 homes were sold in 2018-11 in RoyalOak, MI (48073).
This monthly number has dropped by 4 from the previous month.

Zip code 48073 is in the Detroit-Warren-Dearborn metropolitan area.
The median estimated home value in Royal Oak, MI (48073) is $235,900 as of 2018-10-31

In Royal Oak, MI (48073), values have dropped by -0.00 from when they peaked at $236,600 in 2018-Q3

The Zillow Market Health Index for Royal Oak, MI (48073) is 6.75. The corresponding state value is 6.27. This is higher than the overall Market Health Index of Michigan.
Metro value is 4.41.
This is significantly higher than the overall Market Health Index of Detroit-Warren-Dearborn.