Market Intelligence · MI / Bloomfield Hills

Bloomfield Hills, MI 48304 Housing Market

Homes in Bloomfield Hills 48304 have a typical value of $540,264, up 2.1% over the past year. The median list price stands at $665,000, with homes taking a median 42 days to sell as of September 2026.

Updated September 2026Median value$540K

The median home value in Bloomfield Hills, MI 48304 is $540K as of September 2026, up 2.1% 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.

Sell without the wait

Sell your Bloomfield Hills home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 48304 range

$497K to $583K

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.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 48304 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Bloomfield Hills, MI.

12-month value trend

+2.1% over 12 months

Sep 2025$529K

Low $529KHigh $541K

Sep 2026$540K

The numbers

What is the 48304 housing market like?

As of September 2026

Typical home value

$540K

2.1%YoY

Median list price

$665K

1.5%MoM

Days on market

13.5%MoM

Homes for sale

1.2%MoM

Price cuts

22.1%

38.8%MoM

New listings

18.7%MoM

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

The outlook

48304 housing market forecast 2027

+1.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48304 to rise 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in 48304 rose 2.1%, per the Zillow Home Value Index.

Will home prices drop in 48304?

Zillow's forecast does not call for a drop: it expects typical home values in 48304 to rise 1.6% by September 2027, after a 2.1% 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.

Free home value report

See what your 48304 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 48304 home prices compare?

48304$540,264
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 a stable market with 85 homes for sale and 26 new listings as of September 2026. The median days on market of 42 suggests reasonable buyer interest, though the gap between typical home value and median list price indicates most homes are priced above the area average. One in five listings, specifically 22.1%, have seen price cuts. For sellers, this means the market rewards realistic pricing but can punish overpriced homes.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $108,053

Term

Rate (%)

Common questions

What people ask us.

What is the typical home value in Bloomfield Hills 48304?

The typical home value in 48304 is $540,264, up 2.1% over the past year as of September 2026.

How long do homes take to sell in 48304?

The median days on market is 42 as of September 2026.

How many homes are currently for sale in Bloomfield Hills 48304?

There are 85 homes for sale with 26 new listings as of September 2026.

Discover

Nearby ZIP markets.

Keep reading