Market Intelligence · MI / Bloomfield Hills

Bloomfield Hills, MI 48301 Housing Market

Homes in Bloomfield Hills are holding steady. The typical home value is $793,537, up 7.1% over the past year. The median list price is $799,000, with homes lingering for a median of 36 days on market.

Updated September 2026Median value$794K

The median home value in Bloomfield Hills, MI 48301 is $794K as of September 2026, up 7.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 48301 range

$730K to $857K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+7.1% over 12 months

Sep 2025$741K

Low $741KHigh $794K

Sep 2026$794K

The numbers

What is the 48301 housing market like?

As of September 2026

Typical home value

$794K

7.1%YoY

Median list price

$799K

1.7%MoM

Days on market

12.5%MoM

Homes for sale

26.5%MoM

Price cuts

19.7%

28.0%MoM

New listings

20.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

48301 housing market forecast 2027

+2.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48301 to rise 2.3% by September 2027.

Over the 12 months through September 2026, typical home values in 48301 rose 7.1%, per the Zillow Home Value Index.

Will home prices drop in 48301?

Zillow's forecast does not call for a drop: it expects typical home values in 48301 to rise 2.3% by September 2027, after a 7.1% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 48301 home prices compare?

48301$793,537
Bloomfield Hills$730,285
Michigan$241,156
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Bloomfield Hills: 3 ZIPs; Michigan: 891 ZIPs; United States: 26,262 ZIPs).

Context

The Bloomfield Hills market shows moderate activity with 36 homes for sale and 16 new listings as of September 2026. The median days on market of 36 suggests properties need time to find buyers. Price cuts appear on 19.7% of listings, which is notable given the year-over-year appreciation. The combination of steady value gains and selective price reductions indicates a market where sellers should be realistic about positioning and pricing to move inventory.

Monthly payment

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Home price

Down payment20% · $158,707

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Common questions

What people ask us.

What is the typical home value in Bloomfield Hills?

The typical home value in 48301 is $793,537, up 7.1% over the past year.

How long do homes stay on the market here?

Homes in this ZIP spend a median of 36 days on market.

How many homes are currently for sale in 48301?

As of September 2026, there are 36 homes for sale in Bloomfield Hills.

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