Bloomfield Hills, MI 48302 Real Estate & Property Data

Bloomfield Hills, MI 48302 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 312 residential properties have been sold over the past 12 months in 48302. With a median sales price of $750,000 in 48302 and a total of 2 foreclosures in Bloomfield Hills, MI 48302. Discover market trends and get the granular level real estate data for Bloomfield Hills, MI 48302 to keep your pulse on the housing market. Curate compelling home reports for Bloomfield Hills, MI 48302 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Bloomfield Hills, MI 48302 Real Estate Market Trends
Total Residential Properties 6,550
Total Commercial Properties 243
Avg. Home Age (Single Family Home) 53 Years
Avg. Square Feet (Single Family Home) 3,097
Total 2024 Residential Sales (year-to-date) 37
% of Homes Seriously Underwater (Q2 2024) 1.68%
Total 2023 Residential Sales 294
% of Equity Rich Homes (Q2 2024) 43.83%
Effective 2023 Property Tax 1.18%
Total Foreclosure Filings (year-to-date) 4
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Bloomfield Hills, MI 48302 Real Estate Overview

There were 312 residential properties sold in the past year in Bloomfield Hills, MI 48302. The median home value in Bloomfield Hills, MI 48302 is $662,172. There are a total of 6,550 residential properties in the 48302.

Median Sales Price i
$750,000
(Feb 2024)
+56.2%
year-over-year
y-o-y
  • February '24 Feb '24 $750,000
  • January '24 Jan '24 $753,250
  • December '23 Dec '23 $770,000
  • November '23 Nov '23 $525,000
  • October '23 Oct '23 $752,500
  • September '23 Sep '23 $670,000
  • August '23 Aug '23 $599,000
  • July '23 Jul '23 $750,000
  • June '23 Jun '23 $720,000
  • May '23 May '23 $662,500
  • April '23 Apr '23 $735,000
  • March '23 Mar '23 $540,000
Median Down Payment i
$128,000
(Feb 2024)
-40.6%
year-over-year
y-o-y
  • February '24 Feb '24 $128,000
  • January '24 Jan '24 $113,500
  • December '23 Dec '23 $450,000
  • November '23 Nov '23 $58,500
  • October '23 Oct '23 $175,000
  • September '23 Sep '23 $139,250
  • August '23 Aug '23 $108,000
  • July '23 Jul '23 $179,000
  • June '23 Jun '23 $128,000
  • May '23 May '23 $135,000
  • April '23 Apr '23 $125,000
  • March '23 Mar '23 $108,000
Number of Homes Sold i
13
(Feb 2024)
-23.5%
year-over-year
y-o-y
  • February '24 Feb '24 13
  • January '24 Jan '24 24
  • December '23 Dec '23 19
  • November '23 Nov '23 19
  • October '23 Oct '23 26
  • September '23 Sep '23 26
  • August '23 Aug '23 41
  • July '23 Jul '23 32
  • June '23 Jun '23 37
  • May '23 May '23 22
  • April '23 Apr '23 17
  • March '23 Mar '23 19
Number of Purchase Loans i
10
(Feb 2024)
-23.1%
year-over-year
y-o-y
  • February '24 Feb '24 10
  • January '24 Jan '24 10
  • December '23 Dec '23 11
  • November '23 Nov '23 16
  • October '23 Oct '23 16
  • September '23 Sep '23 12
  • August '23 Aug '23 18
  • July '23 Jul '23 16
  • June '23 Jun '23 25
  • May '23 May '23 16
  • April '23 Apr '23 6
  • March '23 Mar '23 10
Number of REFI Loans i
13
(Feb 2024)
+116.7%
year-over-year
y-o-y
  • February '24 Feb '24 13
  • January '24 Jan '24 11
  • December '23 Dec '23 11
  • November '23 Nov '23 10
  • October '23 Oct '23 11
  • September '23 Sep '23 7
  • August '23 Aug '23 11
  • July '23 Jul '23 14
  • June '23 Jun '23 13
  • May '23 May '23 13
  • April '23 Apr '23 9
  • March '23 Mar '23 7
Number of HELOC Loans i
4
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 11
  • December '23 Dec '23 10
  • November '23 Nov '23 12
  • October '23 Oct '23 6
  • September '23 Sep '23 6
  • August '23 Aug '23 10
  • July '23 Jul '23 10
  • June '23 Jun '23 16
  • May '23 May '23 8
  • April '23 Apr '23 11
  • March '23 Mar '23 11

Bloomfield Hills, MI 48302 Foreclosure Activity

There were a total of 2 Bloomfield Hills, MI 48302 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
2
(Feb 2024)
  • February '24 Feb '24 2
  • January '24 Jan '24 2
  • December '23 Dec '23 N/A
  • November '23 Nov '23 4
  • October '23 Oct '23 3
  • September '23 Sep '23 2
  • August '23 Aug '23 2
  • July '23 Jul '23 2
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 1
  • March '23 Mar '23 1
Foreclosure Starts i
2
(Feb 2024)
  • February '24 Feb '24 2
  • January '24 Jan '24 2
  • December '23 Dec '23 N/A
  • November '23 Nov '23 4
  • October '23 Oct '23 3
  • September '23 Sep '23 2
  • August '23 Aug '23 2
  • July '23 Jul '23 2
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 1
  • March '23 Mar '23 1
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