Housing Prices in Royal Oak, MD
How much do homes in Royal Oak, MD cost?
Median List Price
$1,565,450
$554/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Summary: The median home list price in Royal Oak was $1,565,450 in March 2024, up 0.2% from the previous year, and the median price per square foot was $554.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | - | N/A |
2 Bedrooms | $152K | $335.5K | +120.7% |
3 Bedrooms | $1.5M | $1.3M | -13.2% |
4 Bedrooms | $1.9M | $1.9M | 0.1% |
5+ Bedrooms | $2.2M | $2.9M | +28.5% |
Summary: Royal Oak housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 120.7%, 3 bedroom homes decreased by 13.2%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 28.5%.
Housing Supply in Royal Oak, MD
How many homes are available in Royal Oak, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 21 | +10.5% |
Summary: The Royal Oak real estate market had 21 homes for sale in March 2024, a 10.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 8 | 10 | +25.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Royal Oak housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Royal Oak, MD
How long does it take to sell a home in Royal Oak, MD?
Average Listing Age
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
173 Days | 219 Days | +26.3% |
Summary: Homes in Royal Oak had an average listing age of 219 days in Mar 2024, up by 26.3% compared to the previous year.