Bloomfield charter, MI Housing


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Bloomfield charter township, MI is a great place to call home as it boasts an impressive median house value of $602,300. This is significantly higher than the US national median house value of $338,100 and demonstrates that Bloomfield is a highly sought-after area for real estate. House appreciation in Bloomfield has been strong over the last year with an 8.00% increase matching the US national average of 8.27%. With such a high median house value and strong house appreciation rate, investing in housing in Bloomfield charter township, MI is likely to be a good option for potential buyers.

The median home cost in Bloomfield charter is $602,300. Home appreciation the last 10 years has been 110.3%. Home Appreciation in Bloomfield charter is up 11.2%.

Average Age of Homes
- The median age of Bloomfield charter real estate is 50 years old
The Rental Market in Bloomfield charter
- Renters make up 12.8% of the Bloomfield charter population
- 0.8% of houses and apartments in Bloomfield charter, are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingBloomfield charter, MichiganUnited States
  18,391.0139,647,020.0
  5342
  $602,300$338,100
  11.2%16.6%
  45.5%57.0%
  110.3%101.1%
  $14.00$10.98
  $6,715$2,690
  82.7%57.4%
  7.2%11.2%
  10.1%31.4%
  Vacant Housing
  0.8%1.9%
  0.0%0.4%
  0.9%0.7%
  1.4%0.4%
  0.5%3.6%
  3.6%4.1%
  Value of Owner-Occupied Housing
  0.3%2.6%
  0.2%2.4%
  0.5%2.8%
  0.2%3.9%
  1.0%4.5%
  3.3%11.3%
  5.3%13.0%
  10.5%20.1%
  17.1%13.6%
  14.7%8.3%
  21.9%9.7%
  11.6%3.9%
  7.1%2.2%
  3.6%0.8%
  2.7%1.1%
  Housing Units by Year Structure Built
  0.1%0.2%
  5.8%13.6%
  5.8%13.6%
  7.6%13.6%
  10.6%13.2%
  17.0%14.8%
  7.6%13.6%
  23.6%10.0%
  2.6%4.7%
  2.9%12.2%
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