Housing Prices in Royal Oak, VA

How much do homes in Royal Oak, VA cost?

Median List Price

$114,950

$93/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$64,050(-35.8%)

Key Takeaway

The list price of homes in Royal Oak has decreased by 35.8% since last year.

Summary: The median home list price in Royal Oak was $114,950 in October 2024, down 35.8% from the previous year, and the median price per square foot was $93.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $149.9K$100K
-33.3%
3 $179K$154.4K
-13.7%
4 $219K$169K
-22.8%
5+ $99K$99K
0.0%

Summary: Royal Oak housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 13.7%, 4 bedroom homes decreased by 22.8%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Atkins
+47.2%
Park
+16.5%
Marion
+9.3%
Royal Oak
-35.8%
Rye Valley
-37.1%

Housing Supply in Royal Oak, VA

How many homes are available in Royal Oak, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
440.0%

Summary: The Royal Oak real estate market had 4 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 11
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Royal Oak housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Royal Oak, VA

How long does it take to sell a home in Royal Oak, VA?

Average Listing Age

Oct 2023Oct 2024CHANGE
122 Days91 Days-25.4%

Summary: Homes in Royal Oak had an average listing age of 91 days in Oct 2024, down by 25.4% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Royal Oak, VA

Nearby Markets to Royal Oak, VA