Bloomfield Hills, MI Home Values & Market Trends

Real estate market trends reflect that there have been 842 transactions over the past year in Bloomfield Hills. The median value for residential home transactions that occurred over the previous year is $754,735. The number of current listings in Bloomfield Hills is 1,034, and the percentage of properties for sale in the city is 1034.00%. Bloomfield Hills, MI currently has 12 properties in foreclosure, 2 bank owned properties, 10 properties headed for auction, and 1,034 properties for sale.

Bloomfield Hills, MI Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
48304

$ 646,558

$ 270/sqft

48301

$ 801,580

$ 306/sqft

48302

$ 831,445

$ 271/sqft

Housing Market Summary for Bloomfield Hills, MI

Sep 2025September 2026Change
Median Listing Price$750K$849.9K13.32%
Median Sold Price$701.5K$677.6K-3.41%
Homes For Sale7721,02733.03%
Homes Sold535350-34.58%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Bloomfield Hills, MI

Bloomfield Hills home values range from $110,000 to $13,000,000. The median estimated value of a home in Bloomfield Hills is $754,735. The median list price of a home is 849,900, and the total count of properties in the city is 1,405.

Foreclosure
There are 3 zips within Bloomfield Hills, MI; within these zips, the median estimated home value for homes in foreclosure ranges from $775,000 in 48302 to the lowest value of $277,579 in 48302. Foreclosure homes account for 0.00% of properties in Bloomfield Hills, MI with 48302 containing 6 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Bloomfield Hills, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Bloomfield Hills, MI; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Bloomfield Hills, MI ranges from the highest value of $599,000 in 48302 to the lowest value of $520,897 in 48304. Bank owned homes and properties account for 0.14% of properties in Bloomfield Hills, MI. There are 3 zips within Bloomfield Hills, MI; 48302 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    48302 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Bloomfield Hills, MI. Auction homes and other auction properties account for 0.71% of all properties in Bloomfield Hills, MI. There are 3 zips within Bloomfield Hills, MI; of those zips, the median estimated home value for homes going to auction ranges from $1,299,999 in 48301 to the lowest value of $277,579 in 48301.
Homes for Sale
Homes and properties that are actively listed for sale account for 73.59% of residential properties in Bloomfield Hills, MI with 48304 containing 384 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within Bloomfield Hills, MI; homes for sale in those zips, have a range of median values from $5,043,868 in 48301 to the lowest value of $110,000 in 48304.
    Sold Homes
    The median value for recently sold homes ranges from $3,643,388 in 48301 to the lowest price of $112,709 in 48301. There are 3 zips within Bloomfield Hills, MI. 48304 has 129 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 24.70% of properties in Bloomfield Hills, MI.

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      Guide for Bloomfield Hills, MI

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.