$45,000
1.20 Acres
Land
#9973398, Brenda Thompson, Listing Office: eXp Realty VA
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
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $149.9K | $100K | -33.3% |
| 3 Bedrooms | $179K | $154.4K | -13.7% |
| 4 Bedrooms | $219K | $169K | -22.8% |
| 5+ Bedrooms | $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 | $182K | $267.9K | +47.2% |
| Park | $179.9K | $209.5K | +16.5% |
| Marion | $182K | $199K | +9.3% |
| Royal Oak | $179K | $114.9K | -35.8% |
| Rye Valley | $289.5K | $182K | -37.1% |
Housing Supply in Royal Oak, VA
How many homes are available in Royal Oak, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 122 Days | 91 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.
