Royal Oak, MD Home Values & Market Trends

Real estate market trends reflect that there have been 12 transactions over the past year in Royal Oak. The median value for residential home transactions that occurred over the previous year is $1,075,970. The number of current listings in Royal Oak is 3, and the percentage of properties for sale in the city is 3.00%. Royal Oak, MD currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 3 properties for sale.

Royal Oak, MD Real Estate Market Overview

ZipMedian Est. Value
21662

$ 2,091,207

$ 589/sqft

Housing Market Summary for Royal Oak, MD

Mar 2023February 2024Change
Median Listing Price$15,000$1.3M8864.77%
Median Sold Price$520.4K$1.3M158.38%
Homes For Sale13200.00%
Homes Sold1212-
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Royal Oak, MD

Royal Oak home values range from $62,681 to $10,231,483. The median estimated value of a home in Royal Oak is $1,075,970. The median list price of a home is 2,950,000, and the total count of properties in the city is 402.

Foreclosure
There is 1 zips within Royal Oak, MD; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Royal Oak, MD with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Royal Oak, MD with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Royal Oak, MD; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Royal Oak, MD ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Royal Oak, MD. There is 1 zips within Royal Oak, MD; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Royal Oak, MD. Auction homes and other auction properties account for 0% of all properties in Royal Oak, MD. There is 1 zips within Royal Oak, MD; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.75% of residential properties in Royal Oak, MD with 21662 containing 3 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Royal Oak, MD; homes for sale in that zips, have a range of median values from $3,850,000 in 21662 to the lowest value of $449,000 in 21662.
    Sold Homes
    The median value for recently sold homes ranges from $3,492,089 in 21662 to the lowest price of $229,995 in 21662. There is 1 zips within Royal Oak, MD. 21662 has 15 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.73% of properties in Royal Oak, MD.

      Compare Nearby Cities

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      Guide for Royal Oak, MD

      Market Reports
      Baltimore Real Estate Market Shows Promising Growth Trend – Mar 2024
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Home Buying Guides & Tips
      How Do You Buy a House if You’re Broke?
      See More Articles
      Baltimore Real Estate Market Shows Promising Growth Trend – Mar 2024
      Market Reports|posted 12 March 2024

      Baltimore’s real estate market showcases significant growth with increasing property values and sale prices, indicating robust demand and investor confidence.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      How Do You Buy a House if You’re Broke?
      Home Buying Guides & Tips|posted 20 March 2024

      What can you do when you want to buy a house when you’re strapped for cash?

      Recently Listed Homes Royal Oak, MD

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