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Bloomfield Hills, MI Real Estate & Property Data

Bloomfield Hills Real Estate Market Trends

Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Bloomfield Hills, MI. ATTOM’s Bloomfield Hills real estate data is updated daily, and current market trends show that in Bloomfield Hills, MI a total of 878 residential properties have sold over the past year. With a median home price of $701,250 in Bloomfield Hills and a total of 4 foreclosures. Get detailed property data for Bloomfield Hills, MI instantly. ATTOM is your one-stop-shop for the Bloomfield Hills property reports and real estate data you need in Bloomfield Hills, MI.

Bloomfield Hills Real Estate Market Trends

Get property data for any address in Bloomfield Hills, MI or the country:

Total Residential Properties 18,990

Total Commercial Properties 422

Avg. Home Age (Single Family Home) 56 Years

Avg. Square Feet (Single Family Home) 3,016

Total 2024 Residential Sales (year-to-date) 100

% of Homes Seriously Underwater (Q2 2024) 1.25%

Total 2023 Residential Sales 836

% of Equity Rich Homes (Q2 2024) 43.98%

Effective 2023 Property Tax 1.18%

Total Foreclosure Filings (year-to-date) 7

Bloomfield Hills, MI Real Estate Overview

There were 878 residential properties sold in the past year in Bloomfield Hills, MI. The median home value in Bloomfield Hills, MI is $605,709. There are a total of 18,990 residential properties in the Bloomfield Hills.

Median Sales Price i

$701,250

(Feb 2024)

+46.1%

year-over-year

y-o-y

February '24 Feb '24 $701,250
January '24 Jan '24 $733,500
December '23 Dec '23 $679,500
November '23 Nov '23 $525,000
October '23 Oct '23 $700,000
September '23 Sep '23 $680,000
August '23 Aug '23 $599,000
July '23 Jul '23 $700,000
June '23 Jun '23 $725,000
May '23 May '23 $625,000
April '23 Apr '23 $650,000
March '23 Mar '23 $550,000

Median Down Payment i

$125,000

(Feb 2024)

+23.2%

year-over-year

y-o-y

February '24 Feb '24 $125,000
January '24 Jan '24 $106,700
December '23 Dec '23 $132,900
November '23 Nov '23 $95,871
October '23 Oct '23 $134,000
September '23 Sep '23 $183,000
August '23 Aug '23 $116,000
July '23 Jul '23 $144,800
June '23 Jun '23 $162,500
May '23 May '23 $77,500
April '23 Apr '23 $110,000
March '23 Mar '23 $99,925

Number of Homes Sold i

40

(Feb 2024)

-18.4%

year-over-year

y-o-y

February '24 Feb '24 40
January '24 Jan '24 60
December '23 Dec '23 57
November '23 Nov '23 54
October '23 Oct '23 69
September '23 Sep '23 74
August '23 Aug '23 84
July '23 Jul '23 93
June '23 Jun '23 97
May '23 May '23 77
April '23 Apr '23 61
March '23 Mar '23 63

Number of Purchase Loans i

30

(Feb 2024)

-18.9%

year-over-year

y-o-y

February '24 Feb '24 30
January '24 Jan '24 29
December '23 Dec '23 30
November '23 Nov '23 33
October '23 Oct '23 45
September '23 Sep '23 37
August '23 Aug '23 50
July '23 Jul '23 45
June '23 Jun '23 61
May '23 May '23 49
April '23 Apr '23 29
March '23 Mar '23 43

Number of REFI Loans i

38

(Feb 2024)

+153.3%

year-over-year

y-o-y

February '24 Feb '24 38
January '24 Jan '24 27
December '23 Dec '23 25
November '23 Nov '23 26
October '23 Oct '23 36
September '23 Sep '23 30
August '23 Aug '23 31
July '23 Jul '23 35
June '23 Jun '23 30
May '23 May '23 28
April '23 Apr '23 29
March '23 Mar '23 23

Number of HELOC Loans i

18

(Feb 2024)

-5.3%

year-over-year

y-o-y

February '24 Feb '24 18
January '24 Jan '24 29
December '23 Dec '23 29
November '23 Nov '23 39
October '23 Oct '23 30
September '23 Sep '23 28
August '23 Aug '23 26
July '23 Jul '23 21
June '23 Jun '23 36
May '23 May '23 34
April '23 Apr '23 29
March '23 Mar '23 31

Bloomfield Hills, MI Real Estate Market Overview

Last 30 days

Zip
Median Est. Value
Zip
Median Est. Value
Zip
Median Est. Value

48301
$605,709 $200.83/sqft
48302
$662,172 $213.79/sqft
48304
$510,250 $169.66/sqft

Bloomfield Hills, MI Foreclosure Activity

There were a total of 4 Bloomfield Hills, MI properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

4

(Feb 2024)

February '24 Feb '24 4
January '24 Jan '24 3
December '23 Dec '23 1
November '23 Nov '23 5
October '23 Oct '23 5
September '23 Sep '23 5
August '23 Aug '23 3
July '23 Jul '23 2
June '23 Jun '23 5
May '23 May '23 N/A
April '23 Apr '23 2
March '23 Mar '23 5

Foreclosure Starts i

4

(Feb 2024)

February '24 Feb '24 4
January '24 Jan '24 3
December '23 Dec '23 1
November '23 Nov '23 5
October '23 Oct '23 5
September '23 Sep '23 5
August '23 Aug '23 3
July '23 Jul '23 2
June '23 Jun '23 5
May '23 May '23 N/A
April '23 Apr '23 2
March '23 Mar '23 5

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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