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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

$1,595,654

AVERAGE PRICE OF 53 HOMES

$2,622,588

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$3,158,852

AVERAGE PRICE OF 7 NEWLY BUILT HOMES

$2,234,656

AVERAGE PRICE OF 9 HOMES WITH A POOL

$3,345,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $1,595,654
Avg Bedrooms 3.98 beds
Avg Bathrooms 3.67 baths

Average Price by Bedrooms

2 bedrooms $594,898
3 bedrooms $758,653
4 bedrooms $1,357,634
5 bedrooms $1,984,667
Bloomfield Hills Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 56 36 33 39 38
Average Price $1,511,194 $1,389,406 $1,321,123 $1,441,467 $1,523,538
Avg Price Change +8.77% +5.17% -9.11% -5.69% +0.05%
Median Price $983,548 $810,875 $788,727 $881,494 $906,146
Med Price Change +21.29% +2.81% -11.76% -2.80% +0.74%
Avg Bedrooms 4 beds 4.01 beds 3.97 beds 4.12 beds 4.18 beds
Avg Bathrooms 3.72 baths 3.7 baths 3.62 baths 3.68 baths 3.82 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 53 $1,595,654 62 days
Multi-Million Dollar Homes 27 $2,622,588 70 days
Newly Built Homes 7 $3,158,852 44 days
Homes with a Pool 9 $2,234,656 38 days
Reduced Price Homes 1 $3,345,000 35 days
Arterra Luxe Collection LLC
148 Pierce Street
Birmingham, MI
248-733-5893

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