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Homes for Sale in Royal Oak, Michigan

Homes for Sale in Royal Oak, Michigan

Royal Oak is a city in Oakland County in the U.S. state of Michigan. It is a suburb of Detroit and is part of the Metro Detroit area. As of the 2020 census, the city had a population of 59,277.

Royal Oak is served by several major highways including Interstate 75, Interstate696, M-24, and M-53. The city is also served by the Detroit metropolitan area’s public transportation system, which includes buses and a light rail system.

History

Royal Oak was incorporated as a village in 1891 and as a city in 1921. The name “Royal Oak” was given by Mrs. E.M. George, who claimed to have seen the tree in England and brought a branch of it with her to the city. The village’s first settlers were from Royal Oak, Michigan, which is also where they got their name from.

Climate

The climate in Royal Oak is considered to be humid continental. The city experiences hot, humid summers and cold, snowy winters. The median temperature in July is 83 degrees Fahrenheit and the median temperature in January is 22 degrees Fahrenheit.

Economy

Royal Oak’s economy is primarily based on healthcare, retail, and professional services. Beaumont Health System is the city’s largest employer with over 11,000 employees. Other major employers include Oakland Community College, Oakland University William Beaumont School of Medicine, and DTE Energy.

Education

Royal Oak is served by the Royal Oak School District. The district has 11 elementary schools, three middle schools, and two high schools. Oakland Community College also has a campus in Royal Oak.

Attractions

Royal Oak is home to a number of cultural attractions. The Detroit Zoo is located in the city and is one of the largest zoos in the United States. The zoo has over 275 species of animals and covers 125 acres. Other attractions include the Royal Oak Music Theatre, the Crooked Tree Arts Center, and the Michigan Science Center.

Neighborhoods

Royal Oak is made up of a number of different neighborhoods, each with its own unique character.

Downtown Royal Oak is the city’s central business district and is home to a number of shops, restaurants, and bars.

The Old Village is the city’s historic district and is home to a variety of Victorian-style homes.

Other neighborhoods include Center Line, Eastwood, and Northwood.

Whether you’re looking for a historic home, a new construction, or something in between, Royal Oak has something to offer everyone.

Real Estate Market

The average home price in Royal Oak is $318,000.

If you’re looking to invest in Royal Oak real estate, there are a few things you should keep in mind.

First, it’s important to choose a neighborhood that fits your budget and needs.

Once you’ve narrowed down your search, take a look at houses that are for sale in the area and pay attention to things like the condition of the property, the size of the lot, and whether or not there are any special features that could increase its value.

You should also consider the average rental prices in the area to get an idea of how much you could potentially make if you decided to rent out your investment property.

By keeping these things in mind, you’ll be well on your way to finding the perfect Royal Oak home for you and your family.