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Bloomfield Hills, MI 48304 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Bloomfield Hills, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.10
ActiveActive listings: 4040PendingPending sales: 44
Bloomfield Hills, MI: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $582k$582kSoldMedian sold price (last 6 months): $485k$485k
What homes actually sell for in Bloomfield Hills, MI
Distribution of 223 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $295k to $750k
$150k to $418k: 79 sales79sales$150k$418k to $686k: 72 sales$686k to $954k: 22 sales$686k$954k to $1.22M: 6 sales$1.22M to $1.49M: 5 sales$1.22M$1.49M to $1.76M: 9 sales$1.76M to $2.03M: 5 sales$1.76M$2.03M to $2.3M: 1 salesMedian $485k

What the numbers say

As of October 5, 2026, Resideline is tracking 40 active listings and 4 pending sales in ZIP code 48304. That pending-to-active ratio of 0.10 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $582,450, while the median of the 223 closed sales Resideline tracked over the last six months was $485,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 48304 for 76 days.

Frequently asked questions

What is the median home price in 48304?

The median closed sale price in Bloomfield Hills, MI 48304 was $485,000 over the last six months, based on 223 closed sales tracked by Resideline. The middle half of those sales ranged from $295,000 to $750,000.

Is 48304 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 40 active listings in 48304, a pending-to-active ratio of 0.10. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 48304 currently looks like a balanced market.

Nearby ZIP code market data

Full Bloomfield Hills, MI housing market report →

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