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ZIP 48073 in Royal Oak, MI: housing market trends

The median home sale price in ZIP 48073 in Royal Oak, MI was $374,890 for the three-month period ending September 2026. Sale prices were 7.1% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$374,890
three-month period ending September 2026
Median sale price per sq ft
$217.26
three-month period ending September 2026
Active listings
364
three-month period ending September 2026
Typical monthly rent
$1,804
Rent index · August 2026

How is housing inventory changing?

There were 364 active listings for the three-month period ending September 2026. Active listings were 19.3% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 20 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 48073 in Royal Oak, MI
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$374,890$217.26159
Single-familySeptember 2026$389,902$229.16124
TownhousesSeptember 2026$235,000$182.731 · small sample
Condos / co-opsSeptember 2026$163,495$162.1831
Multifamily (2–4 units)September 2026$392,500$210.614 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 48073 in Royal Oak, MI
MarketMedian sale priceReporting period / source
Royal Oak, MI$349,950Month ending July 2026 · Zillow
Clawson, MI$324,8453 months ending September 2026 · Redfin
Berkley, MI$349,8333 months ending September 2026 · Redfin
Huntington Woods, MI$484,7693 months ending September 2026 · Redfin
Birmingham, MI$1,074,4883 months ending September 2026 · Redfin
Madison Heights, MI$241,8853 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 48073 in Royal Oak, MI
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$374,890$217.26364
August 2026$385,000$232.84368
July 2026$389,999$233.70371
June 2026$388,750$232.82350
May 2026$368,950$222.11317
April 2026$345,000$219.42269
March 2026$337,500$220.95225
February 2026$342,000$226.67224
January 2026$360,150$236.73238
December 2025$371,000$233.40252
November 2025$349,900$214.34289
October 2025$350,000$213.33313
September 2025$350,000$219.54305
August 2025$365,000$236.90314
July 2025$375,000$240.87305
June 2025$369,000$233.89288
May 2025$376,450$227.06275
April 2025$365,000$218.96247
March 2025$350,000$215.89206
February 2025$335,000$208.77191
January 2025$307,950$209.10208
December 2024$309,000$207.24237
November 2024$317,000$222.41254
October 2024$330,000$230.00286

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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