All Countries
Bingham Farms, MI
Full City Profile · Michigan · Oakland County County
4.0
/5.0
A
Great
1,652
Population
1,365/sq mi density
$218,750
Median Income
$90,656 per capita
$570,900
Home Value
$598,280 Zillow
49°F
Avg Temperature
260 sunny days/yr
62
Violent Crime/100K
773 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$218,750 median income, 1.2% unemployment
A+
Affordability
5.0 / 5.0
$570,900 home value, /mo rent
F
Safety
1.0 / 5.0
62 violent crimes/100K
A+
Education
5.0 / 5.0
66.0% bachelor's degree or higher
Housing Overview
Median Home Value
$570,900
103% above
US avg: $281,900
Homeownership Rate
95.1%
45% above US avg (65.4%)
Total Housing Units
509
Median year built: 1984
Home Value by Source
Census Median
$570,900
Zillow (ZHVI)
$598,280
Median Sale Price
$425,000
Median List Price
$715,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
95.1%
Owner-Occupied
4.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Market Indicators (Redfin)
Median Days on Market
54 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$200
Active Inventory
1
homes for sale
Affordability & Housing Stock
Rent Burden
42.5%
of renters spending 30%+ of income on housing
37% above US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
95.1%
Complete Housing Data
Home Values
| Census Median Value | $570,900 |
| Zillow Home Value (ZHVI) | $598,280 |
| Median Sale Price | $425,000 |
| Median List Price | $715,000 |
| Price Per Sq Ft | $200 |
Rent
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 54 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 3 |
| Active Inventory | 1 |
| Price Per Sq Ft | $200 |
Ownership & Stock
| Owner-Occupied | 95.1% |
| Renter-Occupied | 4.9% |
| Homeownership Rate | 95.1% |
| Total Housing Units | 509 |
| Median Year Built | 1984 |
| Rent Burden | 42.5% |