Bingham Farms, MI

Seller's market-19.4% YoY

Housing market overview · Updated weekly

$425,000median sale price

Homes sold

3

Last 12 weeks

Days on market

54

Average pace

Active listings

1

0.3 months supply

Sale-to-list

100.4%

Above asking

The Bingham Farms housing market is currently classified as a seller's market with a median sale price of $425,000. Prices have fallen 19.4% compared to last year, with homes spending an average of 54 days on market, indicating 0.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Bingham Farms

There are currently 1 homes listed for sale in Bingham Farms, Michigan. The median listing price is $715K.

Active listings

1

Homes on market

Median list price

$715K

Avg. days on market

54

Days until sale

New this week

3

Newly listed

Sale-to-list:100.4%

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Frequently asked questions

What is the average home price in Bingham Farms?

The median home sale price in Bingham Farms is $425,000, down 19.4% from last year.

How long do homes stay on market in Bingham Farms?

Homes typically spend 54 days on market before going under contract.

Is Bingham Farms a buyer's or seller's market?

With 0.3 months of supply, Bingham Farms is currently a seller's market.

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