Call or Text (240) SELL-123
East Birmingham (East) Poppleton Ravines

BLOOMFIELD HILLS, MI 48304

Real Estate Market Report
Buyer's Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 48304

East Birmingham (East) · Poppleton · Ravines

Market Analysis

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

The BLOOMFIELD HILLS, MI real estate market (48304) currently shows 115 active listings, with 29 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 42 days on market compared to 36 days last year.

The median listing price has fallen 6.8% year-over-year, from $713,725 to $665,000.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for BLOOMFIELD HILLS, MI 48304 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 17,425  ·  Density: 590.3/mi²  ·  Median household income: $147,675

Typical home value: $461,260  ·  Homeownership: 90.9%

Market Overview

Active Listings
115
⇧ 7.5% vs 107 last year
Pending
29
25% pending ratio
Median Price
$665,000
⇩ 6.8% vs $713,725 last year
Average Price
$1,415,576
⇩ 8.2% vs $1,542,777 last year
Days on Market
42
⇧ 16.7% vs 36 days last year

Price Per Square Foot

Median $/sqft
$276
⇧ 0.7% vs $274/sqft last year
Median Home Size
2,629 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 115 this year vs 107 last year
  • Days on market: 42 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $665,000 (-6.8% YoY)
  • Average: $1,415,576 (-8.2% 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 8.0 miles — 672 listings ($598,326,141 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48304Bloomfield Hills, MI 483040.0 mi58$93,699,348$489,500$1,615,506
48009Birmingham, MI 480093.1 mi113$211,826,297$1,662,000$1,874,569
48084Troy, MI 480843.5 mi27$10,527,192$376,150$389,896
48341Pontiac, MI 483414.1 mi39$6,744,621$133,500$172,939
48025Franklin, MI 480254.9 mi44$45,632,136$756,600$1,037,094
48309Rochester, MI 483095.6 mi64$42,281,216$512,450$660,644
48085Troy, MI 480855.9 mi47$29,868,923$532,475$635,509
48326Auburn Hills, MI 483266.1 mi43$14,884,407$328,700$346,149
48083Troy, MI 480836.3 mi52$27,206,296$371,700$523,198
48072Berkley, MI 480726.7 mi43$15,454,673$332,475$359,411
48323West Bloomfield, MI 483237.3 mi43$40,718,248$719,700$946,936
48307Rochester, MI 483077.5 mi91$55,127,800$443,750$605,800
48070Huntington Woods, MI 480708.0 mi8$4,354,984$445,000$544,373

Frequently Asked Questions

How many homes are for sale in BLOOMFIELD HILLS, MI 48304?

As of September 2026, there are 115 active listings in BLOOMFIELD HILLS, MI (zip code 48304), compared to 107 the prior year.

What is the median home price in BLOOMFIELD HILLS, MI 48304?

The median listing price in BLOOMFIELD HILLS, MI 48304 is $665,000 as of September 2026, a 6.8% decrease from $713,725 the prior year.

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

Homes in BLOOMFIELD HILLS, MI 48304 spend an average of 42 days on the market before going under contract, compared to 36 days the prior year.

Is it a seller's or buyer's market in BLOOMFIELD HILLS, MI 48304?

Based on current inventory and days-on-market data as of September 2026, BLOOMFIELD HILLS, MI 48304 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 42 days on market compared to 36 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 48304 save an estimated $13,300 compared to a typical 5% commission on the median listing price of $665,000. 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.