West Bloomfield, MI 48322 Real Estate & Property Data

West Bloomfield, MI 48322 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 485 residential properties have been sold over the past 12 months in 48322. With a median sales price of $400,000 in 48322 and a total of 6 foreclosures in West Bloomfield, MI 48322. Discover market trends and get the granular level real estate data for West Bloomfield, MI 48322 to keep your pulse on the housing market. Curate compelling home reports for West Bloomfield, MI 48322 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

West Bloomfield, MI 48322 Real Estate Market Trends
Total Residential Properties 10,529
Total Commercial Properties 178
Avg. Home Age (Single Family Home) 47 Years
Avg. Square Feet (Single Family Home) 2,782
Total 2024 Residential Sales (year-to-date) 62
% of Homes Seriously Underwater (Q2 2024) 0.68%
Total 2023 Residential Sales 447
% of Equity Rich Homes (Q2 2024) 44.29%
Effective 2023 Property Tax 1.13%
Total Foreclosure Filings (year-to-date) 13
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West Bloomfield, MI 48322 Real Estate Overview

There were 485 residential properties sold in the past year in West Bloomfield, MI 48322. The median home value in West Bloomfield, MI 48322 is $402,197. There are a total of 10,529 residential properties in the 48322.

Median Sales Price i
$400,000
(Feb 2024)
-13.5%
year-over-year
y-o-y
  • February '24 Feb '24 $400,000
  • January '24 Jan '24 $582,500
  • December '23 Dec '23 $445,000
  • November '23 Nov '23 $421,500
  • October '23 Oct '23 $484,950
  • September '23 Sep '23 $370,000
  • August '23 Aug '23 $484,700
  • July '23 Jul '23 $386,000
  • June '23 Jun '23 $420,000
  • May '23 May '23 $434,450
  • April '23 Apr '23 $420,000
  • March '23 Mar '23 $400,000
Median Down Payment i
$21,000
(Feb 2024)
-72.1%
year-over-year
y-o-y
  • February '24 Feb '24 $21,000
  • January '24 Jan '24 $82,875
  • December '23 Dec '23 $83,700
  • November '23 Nov '23 $63,250
  • October '23 Oct '23 $46,000
  • September '23 Sep '23 $66,750
  • August '23 Aug '23 $67,855
  • July '23 Jul '23 $29,500
  • June '23 Jun '23 $50,995
  • May '23 May '23 $49,814
  • April '23 Apr '23 $85,625
  • March '23 Mar '23 $55,100
Number of Homes Sold i
35
(Feb 2024)
+59.1%
year-over-year
y-o-y
  • February '24 Feb '24 35
  • January '24 Jan '24 27
  • December '23 Dec '23 34
  • November '23 Nov '23 43
  • October '23 Oct '23 43
  • September '23 Sep '23 41
  • August '23 Aug '23 40
  • July '23 Jul '23 36
  • June '23 Jun '23 51
  • May '23 May '23 48
  • April '23 Apr '23 27
  • March '23 Mar '23 38
Number of Purchase Loans i
27
(Feb 2024)
+35%
year-over-year
y-o-y
  • February '24 Feb '24 27
  • January '24 Jan '24 14
  • December '23 Dec '23 22
  • November '23 Nov '23 24
  • October '23 Oct '23 22
  • September '23 Sep '23 23
  • August '23 Aug '23 26
  • July '23 Jul '23 23
  • June '23 Jun '23 30
  • May '23 May '23 36
  • April '23 Apr '23 24
  • March '23 Mar '23 28
Number of REFI Loans i
16
(Feb 2024)
+45.5%
year-over-year
y-o-y
  • February '24 Feb '24 16
  • January '24 Jan '24 15
  • December '23 Dec '23 10
  • November '23 Nov '23 15
  • October '23 Oct '23 20
  • September '23 Sep '23 19
  • August '23 Aug '23 21
  • July '23 Jul '23 23
  • June '23 Jun '23 20
  • May '23 May '23 14
  • April '23 Apr '23 13
  • March '23 Mar '23 25
Number of HELOC Loans i
13
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 13
  • January '24 Jan '24 12
  • December '23 Dec '23 13
  • November '23 Nov '23 22
  • October '23 Oct '23 16
  • September '23 Sep '23 11
  • August '23 Aug '23 13
  • July '23 Jul '23 14
  • June '23 Jun '23 10
  • May '23 May '23 17
  • April '23 Apr '23 11
  • March '23 Mar '23 20

West Bloomfield, MI 48322 Foreclosure Activity

There were a total of 6 West Bloomfield, MI 48322 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 6 West Bloomfield, MI 48322 properties and repossessed 1 West Bloomfield, MI 48322 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
6
(Feb 2024)
+20%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 7
  • December '23 Dec '23 4
  • November '23 Nov '23 4
  • October '23 Oct '23 6
  • September '23 Sep '23 4
  • August '23 Aug '23 4
  • July '23 Jul '23 2
  • June '23 Jun '23 4
  • May '23 May '23 3
  • April '23 Apr '23 5
  • March '23 Mar '23 2
Foreclosure Starts i
6
(Feb 2024)
+20%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 7
  • December '23 Dec '23 4
  • November '23 Nov '23 4
  • October '23 Oct '23 6
  • September '23 Sep '23 4
  • August '23 Aug '23 4
  • July '23 Jul '23 2
  • June '23 Jun '23 4
  • May '23 May '23 3
  • April '23 Apr '23 5
  • March '23 Mar '23 2
Completed Foreclosures (REOs) i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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