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Crystal Lake

BLOOMFIELD HILLS, MI 48302

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 48302

Crystal Lake

Market Analysis

Data as of February 2026. Source: Realtor.com.

The BLOOMFIELD HILLS, MI real estate market (48302) currently shows 47 active listings, with 14 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 52 days on market compared to 62 days last year.

The median listing price has fallen 35.8% year-over-year, from $1,324,700 to $850,000.

Whether you are buying or selling in BLOOMFIELD HILLS, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 17,175  ·  Density: 601.2/mi²  ·  Median household income: $167,500

Typical home value: $604,214  ·  Homeownership: 88.3%

Market Overview

Active Listings
47
⇩ 14.5% vs 55 last year
Pending
14
30% pending ratio
Median Price
$850,000
⇩ 35.8% vs $1,324,700 last year
Average Price
$1,999,161
⇩ 4% vs $2,082,696 last year
Days on Market
52
⇩ 16.1% vs 62 days last year

Price Per Square Foot

Median $/sqft
$299
⇩ 11.8% vs $339/sqft last year
Median Home Size
3,088 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 47 this year vs 55 last year
  • Days on market: 52 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $850,000 (-35.8% YoY)
  • Average: $1,999,161 (-4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.2 miles — 705 listings ($584,269,121 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48302Bloomfield Hills, MI 483020.0 mi39$77,045,865$950,000$1,975,535
48320Keego Harbor, MI 483202.9 mi10$5,690,860$359,000$569,086
48304Bloomfield Hills, MI 483043.1 mi57$82,599,612$490,000$1,449,116
48323West Bloomfield, MI 483234.2 mi49$44,549,967$640,000$909,183
48009Birmingham, MI 480094.9 mi97$190,316,134$1,499,000$1,962,022
48328Waterford, MI 483285.2 mi69$24,847,521$294,950$360,109
48340Pontiac, MI 483405.9 mi44$8,531,732$144,950$193,903
48334Farmington, MI 483346.1 mi41$14,447,744$289,900$352,384
48084Troy, MI 480846.4 mi30$12,197,310$374,900$406,577
48076Southfield, MI 480766.9 mi64$18,626,368$285,000$291,037
48309Rochester, MI 483097.7 mi59$38,989,914$550,000$660,846
48073Royal Oak, MI 480738.1 mi110$52,880,410$375,000$480,731
48072Berkley, MI 480728.2 mi36$13,545,684$344,950$376,269

Frequently Asked Questions

How many homes are for sale in BLOOMFIELD HILLS, MI 48302?

As of February 2026, there are 47 active listings in BLOOMFIELD HILLS, MI (zip code 48302), compared to 55 the prior year.

What is the median home price in BLOOMFIELD HILLS, MI 48302?

The median listing price in BLOOMFIELD HILLS, MI 48302 is $850,000 as of February 2026, a 35.8% decrease from $1,324,700 the prior year.

How long do homes stay on the market in BLOOMFIELD HILLS, MI?

Homes in BLOOMFIELD HILLS, MI 48302 spend an average of 52 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in BLOOMFIELD HILLS, MI 48302?

Based on current inventory and days-on-market data as of February 2026, BLOOMFIELD HILLS, MI 48302 is currently a Seller's Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 52 days on market compared to 62 days last year.

How much can I save on real estate commission in BLOOMFIELD HILLS, MI?

With SELL123.com's maximum 3% commission, sellers in BLOOMFIELD HILLS, MI 48302 save an estimated $17,000 compared to a typical 5% commission on the median listing price of $850,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.