Zip 48301 (Bloomfield Hills, MI) Housing

The housing market in 48301 Bloomfield Hills, MI is an excellent place to invest. The median value of the housing in this area is $580,100 which is significantly higher than the US median value of $338,100. The house appreciation rate for this area has been 8.00% in the last year, which is close to the US average appreciation rate of 8.27%. Therefore, the housing market in 48301 Bloomfield Hills, MI has stayed relatively consistent with the national trend and could be a great option for those looking to invest in property.

The median home cost in Bloomfield Hills (zip 48301) is $580,100. Home appreciation the last 10 years has been 110.3%. Home Appreciation in Bloomfield Hills (zip 48301) is up 11.2%.

Average Age of Homes

- The median age of Bloomfield Hills (zip 48301) real estate is 55 years old

The Rental Market in Bloomfield Hills (zip 48301)

- Renters make up 13.4% of the Bloomfield Hills (zip 48301) population
- 1.2% of houses and apartments in Bloomfield Hills (zip 48301), 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

Housing	Bloomfield Hills, Michigan	United States
	6,325.0	139,647,020.0
	58	42
	$580,100	$338,100
	11.2%	16.6%
	45.5%	57.0%
	110.3%	101.1%
	$13.31	$10.98
	$7,809	$2,690
	82.1%	57.4%
	7.1%	11.2%
	10.9%	31.4%
Vacant Housing
	1.2%	1.9%
	0.0%	0.4%
	0.9%	0.7%
	1.4%	0.4%
	0.3%	3.6%
	3.2%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.3%	2.4%
	0.0%	2.8%
	0.4%	3.9%
	0.0%	4.5%
	2.2%	11.3%
	1.9%	13.0%
	4.1%	20.1%
	15.5%	13.6%
	16.9%	8.3%
	23.8%	9.7%
	19.2%	3.9%
	8.7%	2.2%
	4.5%	0.8%
	2.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	7.4%	13.6%
	7.4%	13.6%
	5.2%	13.6%
	7.6%	13.2%
	9.6%	14.8%
	5.2%	13.6%
	35.5%	10.0%
	4.4%	4.7%
	3.9%	12.2%

Reviews for Bloomfield Hills

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David · Bloomfield Hills, MI

Westchester Village

Over 14 years ago

Westchester Village, an approximately 1/2 square mile neighborhood in Bloomfield Township, is still the great value it was when we moved here 28 years ago. Home prices More

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