While the housing market remains soft in many other areas of Michigan, Royal Oak is the exception. Sales of new construction homes remain stable, year over year, with 56 new homes sold in 2023. The majority of these sales were single family residences, which represented almost 80% of new construction home sales. Townhomes and condos were popular, especially in the downtown area. New loft buildings, new condos, and residential buildings added units in this high-demand, urban-chic district. In 2023, new construction homes spent a median 26 days on the market, and many sold before they were completed.
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New Construction Homes for Sale in Royal Oak, MI
2 homes