Updated May 2026 · Redfin · 3-month window
48073 Real Estate Market Update: Royal Oak, MI, May 2026
The latest housing-market numbers for ZIP code 48073 in Royal Oak, Michigan, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $369K | ▲ +6.9% | ▼ -2.0% |
| Days on market | 21 | ▼ -27.6% | ▲ +40.0% |
| Homes for sale | 101 | ▲ +8.6% | ▲ +5.2% |
| Sale-to-list | 98.8% | ▲ +0.2% | ▼ -1.9% |
| Homes sold | 162 | ▲ +23.7% | ▼ -1.2% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 48073 numbers say
The 48073 ZIP in Royal Oak is cooling. The median sale price sits at $368,950, 2.0% below last year. Homes here move fast: a typical listing goes under contract in about 21 days, and sellers are getting 98.8% of list price.
Based on 162 recent sales, 48073 is currently an active market.
What this means if you sell in 48073
Use these figures to set expectations early. Lead a listing appointment with the median price and the 21-day pace, show the year-over-year direction, and frame 48073 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Royal Oak post →Frequently asked: the 48073 housing market
- What is the median home price in ZIP 48073 (Royal Oak, MI)?
- As of May 2026, the median sale price in ZIP 48073 is $368,950 (-2.0% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 48073 a buyer's or seller's market right now?
- ZIP 48073 is currently an active market, based on a 98.8% sale-to-list ratio, about 21 days on market for May 2026.
- How long do homes take to sell in ZIP 48073?
- A typical listing in 48073 goes under contract in about 21 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 48073 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.