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Crystal Lake

BLOOMFIELD HILLS, MI 48302

Real Estate Market Report  ·  Oakland County
Seller's Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 48302

Crystal Lake

Market Analysis

Data as of April 2026. Source: Realtor.com.

The BLOOMFIELD HILLS, MI real estate market (48302) currently shows 64 active listings, with 19 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 31 days on market compared to 41 days last year.

The median listing price has fallen 27.1% year-over-year, from $1,474,750 to $1,074,450.

Whether you are buying or selling in BLOOMFIELD HILLS, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 17,175  ·  Density: 601.2/mi²  ·  Median household income: $167,500

Typical home value: $604,214  ·  Homeownership: 88.3%

Market Overview

Active Listings
64
⇩ 12.3% vs 73 last year
Pending
19
30% pending ratio
Median Price
$1,074,450
⇩ 27.1% vs $1,474,750 last year
Average Price
$1,680,772
⇩ 21.5% vs $2,140,884 last year
Days on Market
31
⇩ 24.4% vs 41 days last year

Price Per Square Foot

Median $/sqft
$275
⇩ 18.6% vs $338/sqft last year
Median Home Size
3,706 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 64 this year vs 73 last year
  • Days on market: 31 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $1,074,450 (-27.1% YoY)
  • Average: $1,680,772 (-21.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.2 miles — 755 listings ($641,504,170 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48302Bloomfield Hills, MI 483020.0 mi47$93,960,567$850,000$1,999,161
48320Keego Harbor, MI 483202.9 mi11$5,022,083$382,175$456,553
48304Bloomfield Hills, MI 483043.1 mi58$93,699,348$489,500$1,615,506
48323West Bloomfield, MI 483234.2 mi43$40,718,248$719,700$946,936
48009Birmingham, MI 480094.9 mi113$211,826,297$1,662,000$1,874,569
48328Waterford, MI 483285.2 mi68$26,467,232$283,225$389,224
48340Pontiac, MI 483405.9 mi56$9,545,088$143,975$170,448
48334Farmington, MI 483346.1 mi47$17,157,162$314,675$365,046
48084Troy, MI 480846.4 mi27$10,527,192$376,150$389,896
48076Southfield, MI 480766.9 mi56$15,823,416$285,950$282,561
48309Rochester, MI 483097.7 mi64$42,281,216$512,450$660,644
48073Royal Oak, MI 480738.1 mi122$59,021,648$369,950$483,784
48072Berkley, MI 480728.2 mi43$15,454,673$332,475$359,411

Frequently Asked Questions

How many homes are for sale in BLOOMFIELD HILLS, MI 48302?

As of April 2026, there are 64 active listings in BLOOMFIELD HILLS, MI (zip code 48302), compared to 73 the prior year.

What is the median home price in BLOOMFIELD HILLS, MI 48302?

The median listing price in BLOOMFIELD HILLS, MI 48302 is $1,074,450 as of April 2026, a 27.1% decrease from $1,474,750 the prior year.

How long do homes stay on the market in BLOOMFIELD HILLS, MI?

Homes in BLOOMFIELD HILLS, MI 48302 spend an average of 31 days on the market before going under contract, compared to 41 days the prior year.

Is it a seller's or buyer's market in BLOOMFIELD HILLS, MI 48302?

Based on current inventory and days-on-market data as of April 2026, BLOOMFIELD HILLS, MI 48302 is currently a Seller's Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 31 days on market compared to 41 days last year.

How much can I save on real estate commission in BLOOMFIELD HILLS, MI?

With SELL123.com's maximum 3% commission, sellers in BLOOMFIELD HILLS, MI 48302 save an estimated $21,489 compared to a typical 5% commission on the median listing price of $1,074,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.