Brokers — List your Company Here
Featured local agent — Bingham Farms, MI
Sarah Mitchell
Compass Real Estate · Bingham Farms, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Bingham Farms, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.00Mmedian sale price
How is the Bingham Farms, MI housing market right now?
The median home sale price in Bingham Farms, MI is $1.00M, up 74.8% year-over-year. Homes sell in an average of 12 days with 2 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Bingham Farms a buyer's or seller's market?
Bingham Farms, MI is currently a strong seller's market, based on 0.5 months of supply and homes selling in about 12 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
12
Fast-moving
Active listings
2
0.5 months supply
Sale-to-list
99.4%
Below asking
What does the Bingham Farms housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.00M |
| Median list price | $1.30M |
| Year-over-year price change | +74.8% |
| Average days on market | 12 days |
| Active inventory | 2 listings |
| Months of supply | 0.5 months |
| Sale-to-list price ratio | 99.4% |
| Median price per sq ft | $284/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 3 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Bingham Farms by property type?
How the Bingham Farms, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.30M | $274/sq ft | 3 | 14 days |
| Condo / Co-op | $562,500 | $295/sq ft | 1 | 7 days |
Source: Redfin · Updated monthly
The Bingham Farms housing market is currently classified as a strong seller's market with a median sale price of $1.00M. Prices have risen 74.8% compared to last year, with homes spending an average of 12 days on market, indicating 0.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.8x provides context for how home values compare to local earning capacity.
Homes for sale in Bingham Farms
There are currently 2 homes listed for sale in Bingham Farms, Michigan. The median listing price is $1.3M.
Active listings
2
Homes on market
Median list price
$1.3M
Avg. days on market
12
Days until sale
New this week
3
Newly listed
Who lives in Bingham Farms?
Population
1,652
Median income
$218,750/yr
Median age
67.3 years
Owner-occupied
95.1%
College grads
66.0%
Avg commute
21.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Bingham Farms?
Zillow home value
$619,935
Price-to-income
2.8x
Source: Zillow Research
What is it like to live in Bingham Farms?
Bingham Farms is a community of approximately 2K residents with a median age of 67.3 years.The median household income is $218,750, which reflects a relatively affluent area with strong earning potential. 66.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 95.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Bingham Farms offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Bingham Farms?
1 schools tracked · 343 students
The largest public schools serving Bingham Farms, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Bingham Farms Elementary School
Grades PK-5 · 343 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Bingham Farms, MI?
Want a head-to-head view? Compare Bingham Farms side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Bingham Farms?
The median home sale price in Bingham Farms is $1.00M, up 74.8% from last year.
How long do homes stay on market in Bingham Farms?
Homes typically spend 12 days on market before going under contract.
What is the median income in Bingham Farms?
The median household income is $218,750 per year.
Is Bingham Farms a buyer's or seller's market?
With 0.5 months of supply, Bingham Farms is currently a strong seller's market.
What is the Zillow home value estimate for Bingham Farms?
The Zillow Home Value Index (ZHVI) for Bingham Farms is $619,935, representing the typical home value in the area.
What is the median condo price in Bingham Farms?
The median condo/co-op sale price in Bingham Farms, MI is $562,500, compared to $1.30M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Bingham Farms?
The median single-family home price in Bingham Farms, MI is $1.30M (about $274 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Bingham Farms, MI
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Bingham Farms market alerts
Weekly updates on prices, inventory, and trends. Free forever.