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Bloomfield Hills

Why you'd want to live in Bloomfield Hills

Bloomfield Hills is a community of residents that value strongly the traditions of quiet, rural residential properties. The community is the home to the internationally renowned Cranbrook Institute of Science and Art, the exclusive Bloomfield Hills Country Club and the Bloomfield Open Hunt Club. This is a community that wishes little change other than continually reliable and improving public services. Change occurs only with deliberate, active participation by residents. Bloomfield Hills’ residents hold professional or executive positions of authority (many associated with the major automakers or other Fortune 500 businesses) or high profile positions in professional sports. Many have chosen to live and remain in Bloomfield Hills for the quiet, wooded lots, privacy and stately homes. Bloomfield Hills is located in the southeast quadrant of Oakland County. As of the 2010 census, the city population was 3,869. Bloomfield Hills consistently ranks as one of the top 5 wealthiest cities in the United States consisting of over 1,000 households. 30-9 percent of households in Bloomfield Hills have a value of over $1,000,000. This value is also the highest percentage of all houses in Bloomfield Hills." via bloomfieldhillsmi.net

Bloomfield Hills Market Report

$1,692,645

AVERAGE PRICE OF 277 HOMES

$2,990,421

AVERAGE PRICE OF 130 MULTI-MILLION DOLLAR HOMES

$3,114,478

AVERAGE PRICE OF 31 NEWLY BUILT HOMES

$3,922,945

AVERAGE PRICE OF 11 HOMES WITH A POOL

$2,155,112

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

$1,992,988

AVERAGE PRICE OF 63 DISTRESSED HOMES

Average Home

Average Price $1,692,645
Avg Bedrooms 3.11 beds
Avg Bathrooms 3.6 baths

Average Price by Bedrooms

1 bedroom $4,990,000
2 bedrooms $550,394
3 bedrooms $960,564
4 bedrooms $1,780,499
5 bedrooms $3,028,910
Bloomfield Hills Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 242 160 122 22 16
Average Price $1,558,646 $1,504,554 $1,260,850 $1,007,852 $1,071,087
Avg Price Change +3.60% +19.33% +25.10% -6.27% +151.04%
Median Price $876,171 $808,857 $723,553 $573,459 $495,999
Med Price Change +8.32% +11.79% +26.17% +15.62% +16.25%
Avg Bedrooms 3.03 beds 2.97 beds 2.91 beds 2.79 beds 2.65 beds
Avg Bathrooms 3.48 baths 3.32 baths 3.25 baths 3.23 baths 3.08 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bloomfield High 1 $435,000 104 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 277 $1,692,645 33 days
Multi-Million Dollar Homes 130 $2,990,421 35 days
Newly Built Homes 31 $3,114,478 29 days
Homes with a Pool 11 $3,922,945 27 days
Reduced Price Homes 8 $2,155,112 49 days
Distressed Homes 63 $1,992,988 28 days
Arterra Luxe Collection LLC
213 Hamilton Row
Birmingham, MI 48009
248-733-5893

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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