Housing Prices in Royal Oak, MD
How much do homes in Royal Oak, MD cost?
Median List Price
$1,497,450
$514/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Royal Oak has increased by 52.8% since last year.
Summary: The median home list price in Royal Oak was $1,497,450 in April 2024, up 52.8% from the previous year, and the median price per square foot was $514.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | - | N/A |
| 2 Bedrooms | $152K | $316.2K | +108.1% |
| 3 Bedrooms | $959.9K | $722K | -24.8% |
| 4 Bedrooms | $1.9M | $1.8M | -5.0% |
| 5+ Bedrooms | $2.2M | $2.6M | +16.4% |
Summary: Royal Oak housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 108.1%, 3 bedroom homes decreased by 24.8%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 16.4%.
Housing Supply in Royal Oak, MD
How many homes are available in Royal Oak, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Summary: The Royal Oak real estate market had 12 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Royal Oak housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Days on Market for Royal Oak, MD
How long does it take to sell a home in Royal Oak, MD?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 131 Days | 155 Days | +18.2% |
Summary: Homes in Royal Oak had an average listing age of 155 days in Apr 2024, up by 18.2% compared to the previous year.
