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East Birmingham (East) Poppleton Ravines

BLOOMFIELD HILLS, MI 48304

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

Neighborhoods in ZIP 48304

East Birmingham (East) · Poppleton · Ravines

Market Analysis

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

The BLOOMFIELD HILLS, MI real estate market (48304) currently shows 58 active listings, with 20 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 39 days on market compared to 28 days last year.

The median listing price has fallen 39.9% year-over-year, from $814,900 to $489,500.

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: 17,425  ·  Density: 590.3/mi²  ·  Median household income: $147,675

Typical home value: $461,260  ·  Homeownership: 90.9%

Market Overview

Active Listings
58
⇧ 7.4% vs 54 last year
Pending
20
34% pending ratio
Median Price
$489,500
⇩ 39.9% vs $814,900 last year
Average Price
$1,615,506
⇩ 5.2% vs $1,703,791 last year
Days on Market
39
⇧ 39.3% vs 28 days last year

Price Per Square Foot

Median $/sqft
$246
⇩ 20.1% vs $308/sqft last year
Median Home Size
2,136 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 58 this year vs 54 last year
  • Days on market: 39 now vs 28 last year

Median & Average Pricing

Year over Year
  • Median: $489,500 (-39.9% YoY)
  • Average: $1,615,506 (-5.2% 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 8.0 miles — 639 listings ($562,156,143 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48304Bloomfield Hills, MI 483040.0 mi57$82,599,612$490,000$1,449,116
48009Birmingham, MI 480093.1 mi97$190,316,134$1,499,000$1,962,022
48084Troy, MI 480843.5 mi30$12,197,310$374,900$406,577
48341Pontiac, MI 483414.1 mi41$7,168,153$139,900$174,833
48025Franklin, MI 480254.9 mi43$47,151,650$750,000$1,096,550
48309Rochester, MI 483095.6 mi59$38,989,914$550,000$660,846
48085Troy, MI 480855.9 mi49$29,523,039$525,000$602,511
48326Auburn Hills, MI 483266.1 mi35$13,339,270$360,000$381,122
48083Troy, MI 480836.3 mi57$30,169,074$394,900$529,282
48072Berkley, MI 480726.7 mi36$13,545,684$344,950$376,269
48323West Bloomfield, MI 483237.3 mi49$44,549,967$640,000$909,183
48307Rochester, MI 483077.5 mi84$51,746,436$480,000$616,029
48070Huntington Woods, MI 480708.0 mi2$859,900$429,950$429,950

Frequently Asked Questions

How many homes are for sale in BLOOMFIELD HILLS, MI 48304?

As of February 2026, there are 58 active listings in BLOOMFIELD HILLS, MI (zip code 48304), compared to 54 the prior year.

What is the median home price in BLOOMFIELD HILLS, MI 48304?

The median listing price in BLOOMFIELD HILLS, MI 48304 is $489,500 as of February 2026, a 39.9% decrease from $814,900 the prior year.

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

Homes in BLOOMFIELD HILLS, MI 48304 spend an average of 39 days on the market before going under contract, compared to 28 days the prior year.

Is it a seller's or buyer's market in BLOOMFIELD HILLS, MI 48304?

Based on current inventory and days-on-market data as of February 2026, BLOOMFIELD HILLS, MI 48304 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 39 days on market compared to 28 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 48304 save an estimated $9,790 compared to a typical 5% commission on the median listing price of $489,500. 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.