Why Live in Bingham Farms
Bingham Farms, a village in the rural exurbs of Metro Detroit, offers a blend of historic charm and modern convenience. Founded in 1823 and incorporated in 1955, the area has evolved from a quiet farming community to a primarily residential suburb with hundreds of single-family homes and townhouses. The housing market is dominated by ranch-style homes, featuring colonial-style touches and newer stone constructions. Residents enjoy the natural beauty of conserved woods and ravines, thanks to local zoning ordinances. Bingham Farms is known for its luxurious homes, with prices ranging significantly. The village is just a five-minute drive from local amenities along Telegraph Road, including the Tel-Twelve Mall, which houses stores like Meijer, Lowe’s, and PetSmart, as well as dining options like the Rusty Bucket Restaurant and Tavern. Golf enthusiasts can visit nearby country clubs, including the Oakland Hills Country Club, which has hosted major golf events. The highly-rated Birmingham City School District serves the area, with Bingham Farms Elementary School, Berkshire Middle School, and Groves High School all receiving high marks. Commuters benefit from the village's proximity to major highways, with Detroit just 20 miles away. Bingham Farms offers a low crime risk compared to the national average, making it a desirable location for those seeking a blend of scenic beauty, luxury, and suburban tranquility.
Home Trends in Bingham Farms, MI
On average, homes in Bingham Farms, MI sell after 39 days on the market compared to the national average of 50 days. The median sale price for homes in Bingham Farms, MI over the last 12 months is $551,000, down 10% from the median home sale price over the previous 12 months.
Median Sale Price
$551,000
Median Single Family Sale Price
$850,000
Median 2 Bedroom Sale Price
$404,000
Average Price Per Sq Ft
$277
Number of Homes for Sale
2
Last 12 months Home Sales
29
Median List Price
$547,500
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-10%
