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BLOOMFIELD HILLS, MI 48304

Real Estate Market Report  ·  Oakland County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
57
⇧ 3.6% vs 55 last year
Pending
17
30% pending ratio
Median Price
$490,000
⇩ 51.9% vs $1,018,500 last year
Average Price
$1,449,116
⇩ 14.4% vs $1,692,812 last year
Days on Market
54
⇧ 10.2% vs 49 days last year

Market Context

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

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

Market Analysis

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

The BLOOMFIELD HILLS, MI real estate market (48304) currently shows 57 active listings, with 17 pending sales. Homes are averaging 54 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 54 days on market compared to 49 days last year.

The median listing price has fallen 51.9% year-over-year, from $1,018,500 to $490,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 57 this year vs 55 last year
  • Days on market: 54 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $490,000 (-51.9% YoY)
  • Average: $1,449,116 (-14.4% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.0 miles — 639 listings ($562,156,143 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48304Bloomfield Hills, MI 483040.0 mi57$82,599,612$490,000$1,449,116
48009Birmingham, MI 480093.1 mi97$190,316,134$1,499,000$1,962,022
48084Troy, MI 480843.5 mi30$12,197,310$374,900$406,577
48341Pontiac, MI 483414.1 mi41$7,168,153$139,900$174,833
48025Franklin, MI 480254.9 mi43$47,151,650$750,000$1,096,550
48309Rochester, MI 483095.6 mi59$38,989,914$550,000$660,846
48085Troy, MI 480855.9 mi49$29,523,039$525,000$602,511
48326Auburn Hills, MI 483266.1 mi35$13,339,270$360,000$381,122
48083Troy, MI 480836.3 mi57$30,169,074$394,900$529,282
48072Berkley, MI 480726.7 mi36$13,545,684$344,950$376,269
48323West Bloomfield, MI 483237.3 mi49$44,549,967$640,000$909,183
48307Rochester, MI 483077.5 mi84$51,746,436$480,000$616,029
48070Huntington Woods, MI 480708.0 mi2$859,900$429,950$429,950

Frequently Asked Questions

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

As of January 2026, there are 57 active listings in BLOOMFIELD HILLS, MI (zip code 48304), compared to 55 the prior year.

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

The median listing price in BLOOMFIELD HILLS, MI 48304 is $490,000 as of January 2026, a 51.9% decrease from $1,018,500 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 54 days on the market before going under contract, compared to 49 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 January 2026, BLOOMFIELD HILLS, MI 48304 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 54 days on market compared to 49 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 $9,800 compared to a typical 5% commission on the median listing price of $490,000. 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.