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Bloomfield Hills, MI
Full City Profile · Michigan · Oakland County County
3.7
/5.0
B+
Good
4,412
Population
890/sq mi density
$200,318
Median Income
$128,829 per capita
$942,900
Home Value
$650,054 Zillow
$3,250
Median Rent
32.5% income on rent
49°F
Avg Temperature
260 sunny days/yr
124
Violent Crime/100K
621 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$200,318 median income, 2.4% unemployment
A
Affordability
4.0 / 5.0
$942,900 home value, $3,250/mo rent
F
Safety
1.0 / 5.0
124 violent crimes/100K
A+
Education
5.0 / 5.0
79.3% bachelor's degree or higher
Housing Overview
Median Home Value
$942,900
234% above
US avg: $281,900
Median Rent
$3,250/mo
179% above
US avg: $1,163/mo
Homeownership Rate
88.7%
36% above US avg (65.4%)
Total Housing Units
1,761
Median year built: 1972
Home Value by Source
Census Median
$942,900
Zillow (ZHVI)
$650,054
Median Sale Price
$682,500
Median List Price
$2,300,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
88.7%
Owner-Occupied
11.3%
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
Census median rent:
$3,250/mo
· Zillow rent:
$2,932/mo
Market Indicators (Redfin)
Median Days on Market
91 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
5.9%
of listings with price reduction
Price Per Sq Ft
$163
Active Inventory
17
homes for sale
Affordability & Housing Stock
Rent Burden
32.5%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
88.7%
Complete Housing Data
Home Values
| Census Median Value | $942,900 |
| Zillow Home Value (ZHVI) | $650,054 |
| Median Sale Price | $682,500 |
| Median List Price | $2,300,000 |
| Price Per Sq Ft | $163 |
Rent
| Census Median Rent | $3,250 |
| Zillow Rent (ZORI) | $2,932 |
| 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 | 91 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 5.9% |
| Homes Sold | 2 |
| Active Inventory | 17 |
| Price Per Sq Ft | $163 |
Ownership & Stock
| Owner-Occupied | 88.7% |
| Renter-Occupied | 11.3% |
| Homeownership Rate | 88.7% |
| Total Housing Units | 1,761 |
| Median Year Built | 1972 |
| Rent Burden | 32.5% |