Bloomfield Hills, MI

Buyer's market+33.9% YoY

Housing market overview · Updated weekly

$682,500median sale price

Homes sold

2

Last 12 weeks

Days on market

91

Average pace

Active listings

17

8.5 months supply

Sale-to-list

92.4%

Below asking

The Bloomfield Hills housing market is currently classified as a buyer's market with a median sale price of $682,500. Prices have risen 33.9% compared to last year, with homes spending an average of 91 days on market, indicating 8.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Bloomfield Hills

There are currently 17 homes listed for sale in Bloomfield Hills, Michigan. The median listing price is $2.3M.

Active listings

17

Homes on market

Median list price

$2.3M

Avg. days on market

91

Days until sale

New this week

9

Newly listed

Price drops:5.9%of listings
Sale-to-list:92.4%

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Frequently asked questions

What is the average home price in Bloomfield Hills?

The median home sale price in Bloomfield Hills is $682,500, up 33.9% from last year.

How long do homes stay on market in Bloomfield Hills?

Homes typically spend 91 days on market before going under contract.

Is Bloomfield Hills a buyer's or seller's market?

With 8.5 months of supply, Bloomfield Hills is currently a buyer's market.

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