Market Intelligence · MI / Bloomfield Hills

Bloomfield Hills, MI 48302 Housing Market

The typical home value in Bloomfield Hills 48302 is $730,285, up 4.2% over the past year. Homes for sale number 76, with a median list price of $1,250,000 and a median time on market of 40 days.

Updated September 2026Median value$730K

The median home value in Bloomfield Hills, MI 48302 is $730K as of September 2026, up 4.2% 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 48302 range

$672K to $789K

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

+4.2% over 12 months

Sep 2025$701K

Low $701KHigh $730K

Sep 2026$730K

The numbers

What is the 48302 housing market like?

As of September 2026

Typical home value

$730K

4.2%YoY

Median list price

$1.25M

4.6%MoM

Days on market

5.3%MoM

Homes for sale

2.7%MoM

Price cuts

17.8%

94.3%MoM

New listings

22.2%MoM

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

The outlook

48302 housing market forecast 2027

+2.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48302 to rise 2.0% by September 2027.

Over the 12 months through September 2026, typical home values in 48302 rose 4.2%, per the Zillow Home Value Index.

Will home prices drop in 48302?

Zillow's forecast does not call for a drop: it expects typical home values in 48302 to rise 2.0% by September 2027, after a 4.2% 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 48302 home prices compare?

48302$730,285
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

Bloomfield Hills remains an active market with 28 new listings as of September 2026. The median days on market of 40 suggests steady buyer interest, though 17.8% of listings have seen price reductions. That proportion of price cuts is notable enough to signal that not all homes are moving at asking price. For sellers, the market's overall value appreciation masks the reality that pricing strategy matters considerably in this segment.

Monthly payment

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Home price

Down payment20% · $146,057

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Common questions

What people ask us.

What is the typical home value in Bloomfield Hills 48302?

The typical home value is $730,285, which has increased 4.2% over the past year.

How many homes are currently listed in Bloomfield Hills 48302?

There are 76 homes for sale as of September 2026, with a median list price of $1,250,000.

How long do homes typically stay on the market in Bloomfield Hills 48302?

The median days on market is 40 days as of September 2026.

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