Call or Text (240) SELL-123

WEST BLOOMFIELD, MI 48323

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The WEST BLOOMFIELD, MI real estate market (48323) currently shows 43 active listings, with 20 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 47 days on market compared to 23 days last year.

The median listing price has risen 13.4% year-over-year, from $634,750 to $719,700.

Whether you are buying or selling in WEST BLOOMFIELD, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for WEST BLOOMFIELD, MI 48323 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 16,742  ·  Density: 752.3/mi²  ·  Median household income: $133,019

Typical home value: $432,671  ·  Homeownership: 89.4%

Market Overview

Active Listings
43
⇩ 10.4% vs 48 last year
Pending
20
47% pending ratio
Median Price
$719,700
⇧ 13.4% vs $634,750 last year
Average Price
$946,936
⇩ 11.3% vs $1,068,030 last year
Days on Market
47
⇧ 104.3% vs 23 days last year

Price Per Square Foot

Median $/sqft
$249
⇩ 0.4% vs $250/sqft last year
Median Home Size
2,768 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 43 this year vs 48 last year
  • Days on market: 47 now vs 23 last year

Median & Average Pricing

Year over Year
  • Median: $719,700 (+13.4% YoY)
  • Average: $946,936 (-11.3% 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 8.5 miles — 605 listings ($365,240,586 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48323West Bloomfield, MI 483230.0 mi49$44,549,967$640,000$909,183
48324West Bloomfield, MI 483242.0 mi43$47,021,790$395,000$1,093,530
48302Bloomfield Hills, MI 483024.2 mi39$77,045,865$950,000$1,975,535
48331Farmington, MI 483314.9 mi38$19,869,022$484,000$522,869
48390Walled Lake, MI 483905.2 mi76$30,041,736$339,900$395,286
48327Waterford, MI 483275.5 mi50$16,366,050$299,020$327,321
48025Franklin, MI 480256.5 mi43$47,151,650$750,000$1,096,550
48034Southfield, MI 480346.7 mi20$6,579,480$299,900$328,974
48342Pontiac, MI 483427.2 mi41$5,663,740$135,000$138,140
48336Farmington, MI 483367.5 mi83$28,172,939$267,450$339,433
48386White Lake, MI 483867.9 mi36$16,534,872$350,000$459,302
48340Pontiac, MI 483408.2 mi44$8,531,732$144,950$193,903
48375Novi, MI 483758.5 mi43$17,711,743$425,000$411,901

Frequently Asked Questions

How many homes are for sale in WEST BLOOMFIELD, MI 48323?

As of February 2026, there are 43 active listings in WEST BLOOMFIELD, MI (zip code 48323), compared to 48 the prior year.

What is the median home price in WEST BLOOMFIELD, MI 48323?

The median listing price in WEST BLOOMFIELD, MI 48323 is $719,700 as of February 2026, a 13.4% increase from $634,750 the prior year.

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

Homes in WEST BLOOMFIELD, MI 48323 spend an average of 47 days on the market before going under contract, compared to 23 days the prior year.

Is it a seller's or buyer's market in WEST BLOOMFIELD, MI 48323?

Based on current inventory and days-on-market data as of February 2026, WEST BLOOMFIELD, MI 48323 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 47 days on market compared to 23 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WEST BLOOMFIELD, MI 48323 save an estimated $14,394 compared to a typical 5% commission on the median listing price of $719,700. 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.