Royal Oak Real Estate & Homes for Sale in Michigan
Welcome to Royal Oak, Michigan, a wonderful community located in Oakland County. The recreation department of the city organizes a variety of activities for the city people, which includes golf lessons, youth activities, kids sports and picnics, among others. The city is home to several parks which make for great places to relax.
Royal Oak Real Estate Market Info - Prices of Houses for Sale in Royal Oak
Buyers looking to purchase a home in the pleasant community of Royal Oak will find that the area predominantly offers listings of single family homes, with a few listings of condos and townhomes. Prices for Royal Oak's single family homes run the pricing spectrum of $26,000 to $550,000. A 2-bedroom/2 bathroom condo or townhome in Royal Oak starts at $100,000. Land is also available for custom home building.
Royal Oak Real Estate Stats and Trends for the week of September 22nd, 2008: homes priced around $214,801 compared to $214,801 the previous week, to remain steady with no change in listing price. For Wednesday, May 16th, the current national mortgage rate for a 30 year fixed mortgage is 3.75%; the 15 year fixed rate is at 3.02%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.38%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Royal Oak MI. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Royal Oak to help you find the best home!
Demographics & Schools
Mortgage Calculator
Area Map
