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Royal Oak, MI 48067 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Royal Oak, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 4646PendingPending sales: 55
Royal Oak, MI: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $372k$372kSoldMedian sold price (last 6 months): $361k$361k
What homes actually sell for in Royal Oak, MI
Distribution of 361 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $298k to $450k
$210k to $290k: 68 sales$210k$290k to $370k: 110 sales110sales$370k to $450k: 76 sales$370k$450k to $530k: 33 sales$530k to $610k: 8 sales$530k$610k to $690k: 7 sales$690k to $770k: 13 sales$690k$770k to $850k: 9 salesMedian $361k

What the numbers say

As of October 26, 2026, Resideline is tracking 46 active listings and 5 pending sales in ZIP code 48067. That pending-to-active ratio of 0.11 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $372,450, while the median of the 361 closed sales Resideline tracked over the last six months was $361,250. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 48067 for 84 days.

Frequently asked questions

What is the median home price in 48067?

The median closed sale price in Royal Oak, MI 48067 was $361,250 over the last six months, based on 361 closed sales tracked by Resideline. The middle half of those sales ranged from $297,500 to $450,000.

Is 48067 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 46 active listings in 48067, a pending-to-active ratio of 0.11. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 48067 is currently a typical-pace market.

Nearby ZIP code market data

Full Royal Oak, MI housing market report →

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