Current Royal Oak apartment home inventory includes 9 active listings, all classified as conventional condo, with asking prices ranging from $209,900 to $359,900. The median asking price is $315,000 and the average asking price is $293,567. Current listings average approximately $370 per square foot, with a median of approximately $379 per square foot.
12-Month Royal Oak Apartment Market Snapshot
For the 12 months ending September 30, 2026:
- Average Sold Price: $254,406
- Selling Time: 45.7 days average; 43 days median
- Odds of Selling: 63.5% — based on 32 sold and 1 pending versus 19 listings that did not sell
- Sales: 32 apartment homes sold
- Months of Inventory: 4.0 months — balanced
Over the 12 months ending September 30, 2026, 32 Royal Oak apartment homes sold at an average price of $254,406. Successful sales averaged 45.7 days on market, with a 43-day median, while the calculated odds of selling were 63.5%, based on 32 sold and 1 pending versus 19 listings that did not sell. With approximately 4.0 months of inventory, the market was balanced at the end of the period.
