Royal Oak—21653
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Royal Oak
Royal Oak lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Royal Oak
Royal Oak lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
No data available
Property Listings — Royal Oak
Royal Oak lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $700,000 | 53.0% |
Listing Count | 0 | -50.0% |
| Listings as % of Homes | N/A | -50.0% |
Days on Market | 143 | 444.0% |
Demographics — Royal Oak
As of the latest ACS Survey released in 2023, Royal Oak has a population of 132, which has increased by 22.2% over the past 5 years. Royal Oak is a less popular place for families, as children make up 0.0% of the population. The area has a highly educated workforce, with 60.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 132 | 22.2% |
% Under 18 | 0.0% | N/A |
% Seniors | 71.2% | 140.5% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 60.6% | 27.8% |
As of the latest ACS Survey released in 2023, Royal Oak is a predominantly white area, with 100.0% of the population identifying as white. The white population has grown by 2.9% in the last 5 years. The second most common race or ethnicity in Royal Oak is black, making up 0.0% of the population. Foreign-born residents account for 0.0% of the population in Royal Oak, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 100.0% | 2.9% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Royal Oak
Royal Oak lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Royal Oak
Royal Oak lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,260 |
| 2 Bedroom | N/A | N/A | $1,400 |
| 3 Bedroom | N/A | N/A | $1,950 |
| 4 Bedroom | N/A | N/A | $2,350 |
Affordability — Royal Oak
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $101,000 |