Bloomfield Hills Real Estate Market

Bloomfield Hills Market

The median sale price for homes in Bloomfield Hills over the last 12 months is $423,000.


The median mortgage debt is $240,573.

Additional Statistics for Single Family Homes and Condos in Bloomfield Hills, MI
$681,680
Median Listing Price
44
Median Days on Market
115
Active Listings
11.3%
Distressed Listings
(foreclosures and short sales)
Bloomfield Hills, MI Price Trends - Sold vs. Listed
The median list price in May for single family homes in Bloomfield Hills is $874,450. The list prices increased by 7.09% from the previous month.

The price per square foot for listings in this area is $224.

The median sale price in December for single family homes is $283,750. The sale prices increased by 12.39% from the previous month.

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Bloomfield Hills, MI Market Inventory Trends

The number of active listings in Bloomfield Hills dropped by 6.5% from the previous month.

The median number of days active properties have been listed is 44. This is significantly shorter than the national average.

The number of sales in December dropped by 46.2% from the previous month.

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Bloomfield Hills, MI Property Ownership

The percent of owner occupied properties in Bloomfield Hills is 17.93% above the national average.

The percent of rental properties in Bloomfield Hills is 11.41% below the national average.

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