Why Live in Bloomfield
Bloomfield Township, established in 1827, is a residential suburb in Oakland County, located about 20 miles northwest of Detroit. The area is known for its scenic landscape featuring lakes such as Upper and Lower Long Lake, Island Lake, and Turtle Lake, with many water-fronted homes offering privacy and opulence. Architectural styles in Bloomfield include grand French-Eclectic, Colonial, Monterey, and Greek Revival, along with split-levels, brick ranch homes, and townhomes. The neighborhood is experiencing a transition with older homes being replaced by new constructions. Bloomfield Township boasts several country clubs, including the historic Oakland Hills Country Club, and is 8 miles from Dodge #4 State Park, a popular spot for fishing and boating at Cass Lake. The Johnson Nature Center offers nature trails and creeks, while pocket parks provide spaces for children to play. The highly rated Bloomfield Hills Schools district serves the area, with Lone Pine Elementary, Way Elementary, North Hills Middle School, and Bloomfield Hills High School all receiving high marks. Dining options include upscale Andiamo Italia, casual Roadside B&G, and Thai Princess. The Birmingham Shopping District, 5 miles away, features 300 retailers and hosts events like the annual Santa Walk and Woodward Dream Cruise. Grocery needs are met by Trader Joe’s, Whole Foods, and Plum Market. Bloomfield Township is car-dependent, with US Highway 24 and Interstate 75 running through it. The area is safer than the national average, making it a desirable place to live.
Frequently Asked Questions
What is the average home price in Bloomfield, MI?
Homes for sale in Bloomfield, MI have an average home price of $942,211.
How many homes have sold over the last 12 months in Bloomfield, MI?
353 homes have sold in Bloomfield, MI over the last 12 months.
What are the most popular zip codes in Bloomfield, MI?
How much do you need to make to afford a house in Bloomfield?
The median home price in Bloomfield is $649,900. If you put a 20% down payment of $130,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $3,380 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $145K a year to afford the median home price in Bloomfield.
How are the schools in Bloomfield, MI?
Home Trends in Bloomfield, MI
On average, homes in Bloomfield, MI sell after 27 days on the market compared to the national average of 50 days. The median sale price for homes in Bloomfield, MI over the last 12 months is $607,000, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$607,000
Median Single Family Sale Price
$675,000
Median Townhouse Sale Price
$209,900
Median 2 Bedroom Sale Price
$205,500
Median 1 Bedroom Sale Price
$139,000
Average Price Per Sq Ft
$284
Number of Homes for Sale
97
Last 12 months Home Sales
353
Median List Price
$649,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
4%