Bloomfield Hills, MI housing market
The typical Bloomfield Hills home is worth about $677,000, up 4.5% in a year, 154% above the Michigan typical home. Homes typically sell in 53 days, below asking.
Home values, sales, trends and how Bloomfield Hills compares with the towns next door — updated as new data is published.
Bloomfield Hills at a glance
A balanced market
About 4.1 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Bloomfield Hills | Michigan |
|---|---|---|
| 2017 | $412,000 | $144,000 |
| 2018 | $430,000 | $155,000 |
| 2019 | $451,000 | $165,000 |
| 2020 | $446,000 | $175,000 |
| 2021 | $487,000 | $194,000 |
| 2022 | $541,000 | $217,000 |
| 2023 | $572,000 | $230,000 |
| 2024 | $601,000 | $241,000 |
| 2025 | $636,000 | $253,000 |
| 2026 | $666,000 | $262,000 |
| August 2026 | $677,000 | $266,000 |
4 new homes permitted in 2025
Builders were permitted 4 new homes in Bloomfield Hills in 2025, all single-family houses, worth about $6.7 million to build. That's 0.9 per 1,000 residents, slower than across Michigan (2.3). Over the past 10 years, Bloomfield Hills has permitted 73 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Bloomfield Hills gained 591 residents while 73 new homes were permitted: about 8.1 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Michigan: 1.2 new residents per new home.
How Bloomfield Hills ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 8 | 8 | 0 | $24.8 million |
| 2025 | 4 | 4 | 0 | $6.7 million |
| 2024 | 8 | 8 | 0 | $20.2 million |
| 2023 | 11 | 11 | 0 | $19.1 million |
| 2022 | 12 | 12 | 0 | $36.7 million |
| 2021 | 2 | 2 | 0 | $5.7 million |
| 2020 | 7 | 7 | 0 | $4.1 million |
| 2019 | 9 | 9 | 0 | $7.5 million |
| 2018 | 9 | 9 | 0 | $2.3 million |
| 2017 | 7 | 7 | 0 | $3.1 million |
| 2016 | 4 | 4 | 0 | $3.8 million |
| 2015 | 4 | 4 | 0 | $6.8 million |
| 2014 | 8 | 8 | 0 | $9.1 million |
| 2013 | 15 | 15 | 0 | $14.6 million |
| 2012 | 7 | 7 | 0 | $6 million |
| 2011 | 5 | 5 | 0 | $6.9 million |
| 2010 | 5 | 5 | 0 | $6.8 million |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 1 | 1 | 0 | $1.1 million |
| 2007 | 8 | 8 | 0 | $16.1 million |
| 2006 | 4 | 4 | 0 | $6.1 million |
| 2005 | 8 | 8 | 0 | $12.2 million |
| 2004 | 14 | 14 | 0 | $20 million |
| 2003 | 9 | 9 | 0 | $9 million |
| 2002 | 8 | 8 | 0 | $19.9 million |
| 2001 | 11 | 11 | 0 | $11.4 million |
| 2000 | 21 | 21 | 0 | $18.4 million |
How Bloomfield Hills ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Bloomfield Hills and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Bloomfield Hills | $677K | +4.5% | $1,880 | 4 | $189,942 |
| Bloomfield | — | +3.4%† | $2,030 | 53 | $162,788 |
† FHFA price index change, where Zillow has no home value for the town.
3.6 years of income
The typical Bloomfield Hills home costs about 3.6 years of the town's median household income, about the same as across Michigan (3.7).
How Bloomfield Hills ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,880
HUD's Fair Market Rent for a two-bedroom in Bloomfield Hills is $1,880 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Bloomfield Hills pay a median of $3,501. A two-bedroom takes about 12% of the town's median household income.
Studio $1,340 · 4 bedrooms $2,490
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (48304; Detroit-Warren-Livonia, MI HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.