Start Free
All market snapshots / 48304

Bloomfield Hills, MI 48304 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Bloomfield Hills, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.03
ActiveActive listings: 3737PendingPending sales: 11
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): $499k$499kSoldMedian sold price (last 6 months): $480k$480k
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: $270k to $710k
$145k to $389k: 77 sales77sales$145k$389k to $633k: 68 sales$633k to $877k: 30 sales$633k$877k to $1.12M: 5 sales$1.12M to $1.36M: 7 sales$1.12M$1.36M to $1.61M: 3 sales$1.61M to $1.85M: 7 sales$1.61M$1.85M to $2.1M: 4 salesMedian $480k

What the numbers say

As of October 26, 2026, Resideline is tracking 37 active listings and 1 pending sales in ZIP code 48304. That pending-to-active ratio of 0.03 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $499,000, while the median of the 223 closed sales Resideline tracked over the last six months was $480,000. 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 96 days.

Frequently asked questions

What is the median home price in 48304?

The median closed sale price in Bloomfield Hills, MI 48304 was $480,000 over the last six months, based on 223 closed sales tracked by Resideline. The middle half of those sales ranged from $269,900 to $710,000.

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

Resideline is currently tracking 1 pending sales against 37 active listings in 48304, a pending-to-active ratio of 0.03. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 48304 is currently a slower-moving market.

Nearby ZIP code market data

Full Bloomfield Hills, MI housing market report →

Running a deal in 48304? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator · MAO calculator · home appreciation calculator. One address: real estate deal analyzer · rent estimate by address

Run any 48304 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.