Oak Run, Royal Oak, MI
Oak Run — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Oak Run, Royal Oak, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Oak Run Neighborhood Overview
Oak Run is a residential neighborhood located in the city of Royal Oak, Michigan. The area is characterized by its single-family homes and proximity to the amenities of a vibrant suburban community. Its central location within the Detroit metropolitan area offers residents a balanced lifestyle.
Lifestyle & Amenities
Residents enjoy easy access to Royal Oak's renowned downtown district, featuring a wide array of restaurants, boutique shops, and entertainment venues. The neighborhood's setting provides a quiet, residential atmosphere while being just minutes from major parks and community events. This blend creates a convenient and engaging living environment.
Real Estate Market
The housing market in Oak Run features a median home value of $293,200, according to U.S. Census Bureau ACS 5-Year Estimates (2022). Current market activity shows a price per square foot of $224.54/sqft, according to Redfin market data, indicating a stable and desirable market for homeowners.
Schools & Education
Families in Oak Run are served by the Royal Oak School District, which operates several public schools within the city. The neighborhood's above-average median household income often correlates with strong community support for educational resources. Specific school ratings and programs can be researched through district publications.
Transportation & Connectivity
The neighborhood benefits from excellent connectivity via major roads like Woodward Avenue and I-696, facilitating easy commutes throughout the region. Public transportation options are available through the SMART bus system, providing service to downtown Royal Oak and surrounding areas. This infrastructure supports both car-dependent and alternative transit needs.
Why Choose Oak Run
Oak Run appeals to those seeking a classic suburban home within a walkable, amenity-rich city. With a median household income of $102,687, according to U.S. Census Bureau ACS 5-Year Estimates (2022), the community demonstrates strong economic stability. It offers an ideal blend of quiet streets, community feel, and urban convenience.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Oak Run Market Data
| Metric | Value |
|---|---|
| Median Home Price | $293K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $103K |
| Homeownership Rate | 67.3% |
| Renter-Occupied | 32.7% |
| Rental Vacancy Rate | 9.2% |
| Market Type | Buyer's |
| Market Tier | Mid-Market |
| Primary ZIP Code | 48067 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 264,220 |
| VA Loan Originations | 9,916 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $247K |
| Conventional Loan Originations | 227,996 |
| FHA Loan Originations | 26,308 |
Top Real Estate Agents in Oak Run, Royal Oak
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Oak Run, Royal Oak, MI. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Michigan Department of Licensing and Regulatory Affairs (LARA) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15