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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

$1,692,944

AVERAGE PRICE OF 286 HOMES

$2,947,614

AVERAGE PRICE OF 136 MULTI-MILLION DOLLAR HOMES

$3,039,738

AVERAGE PRICE OF 27 NEWLY BUILT HOMES

$2,536,942

AVERAGE PRICE OF 36 HOMES WITH A POOL

$1,267,483

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

$2,109,596

AVERAGE PRICE OF 59 DISTRESSED HOMES

Average Home

Average Price $1,692,944
Avg Bedrooms 3.31 beds
Avg Bathrooms 4.05 baths

Average Price by Bedrooms

1 bedroom $1,751,330
2 bedrooms $500,659
3 bedrooms $627,165
4 bedrooms $1,695,942
5 bedrooms $2,673,732
Bloomfield Hills Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 269 291 270 242 160
Average Price $1,758,835 $1,745,342 $1,691,811 $1,558,646 $1,504,554
Avg Price Change +0.77% +3.16% +8.54% +3.60% +19.33%
Median Price $975,708 $986,963 $966,439 $876,171 $808,857
Med Price Change -1.15% +2.12% +10.30% +8.32% +11.79%
Avg Bedrooms 3.24 beds 3.23 beds 3.14 beds 3.03 beds 2.97 beds
Avg Bathrooms 3.98 baths 3.83 baths 3.63 baths 3.48 baths 3.32 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bloomfield Hills High School 1 $539,990 54 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 286 $1,692,944 57 days
Multi-Million Dollar Homes 136 $2,947,614 58 days
Newly Built Homes 27 $3,039,738 92 days
Homes with a Pool 36 $2,536,942 34 days
Reduced Price Homes 6 $1,267,483 34 days
Distressed Homes 59 $2,109,596 59 days
Arterra Luxe Collection LLC
213 Hamilton Row
Birmingham, MI 48009
248-733-5893

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