How much is a home in 48073 worth?

The typical home value in 48073 is $322,121, up 2.2% over the past year. The median list price is $374,950.

How fast are homes selling in 48073?

Homes in 48073 are spending a median of 31 days on the market. There are 139 homes for sale, with 80 new listings added.

Are sellers cutting prices in 48073?

Yes, 23.1% of listings in 48073 have had a price cut. That share points to some flexibility on pricing even as typical values trend up.

Market Intelligence · MI / Royal Oak

Royal Oak, MI 48073 Housing Market

The typical home value in Royal Oak's 48073 ZIP code is $322,121, up 2.2% over the past year. The median list price sits at $374,950, and homes are spending a median of 31 days on the market.

Updated August 2026Median value$322K

The median home value in Royal Oak, MI 48073 is $322K as of August 2026, up 2.2% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 48073 range

$296K to $348K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.2% over 12 months

Aug 2025$315K

Low $315KHigh $322K

Aug 2026$322K

The numbers

What is the 48073 housing market like?

As of August 2026

Typical home value

$322K

2.2%YoY

Median list price

$375K

1.8%MoM

Days on market

11.4%MoM

Homes for sale

139

17.8%MoM

Price cuts

23.1%

2.3%MoM

New listings

9.1%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 48073 home prices compare?

48073$322,121
Royal Oak$331,708
Michigan$243,093
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Royal Oak: 2 ZIPs; Michigan: 891 ZIPs; United States: 26,265 ZIPs).

Context

There are 139 homes for sale in 48073, with 80 new listings hitting the market. The median list price is $374,950, while the typical home value is $322,121, up 2.2% over the past year. Homes are moving at a median of 31 days on market, and 23.1% of listings have taken a price cut. That mix suggests buyers have some room to negotiate even as values hold steady. For a seller, pricing close to the market from day one matters more than testing high and chasing the price down later.

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