The story of this market
The typical home in ZIP 48009 sells for about $1,050,000, or $345 per square foot.
Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,902 a month.
ZIP 48009 — Birmingham
The 48009 housing market remains a high-demand, premium area with a median list price of $1,050,000. While inventory is tight, the market is balanced, driven by the area's reputation for excellent schools and a vibrant downtown. Renters face high costs, with a median rent of $2,850, reflecting the overall desirability of the ZIP code.
This ZIP is ideal for affluent families, professionals, and downsizers seeking a walkable, high-amenity urban-suburban lifestyle with top-tier schools and proximity to major employment centers.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 42 days on market with 3.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.4% · poverty 5.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 48009, Oakland County MI
Birmingham is generally considered a safe community with crime rates significantly lower than the regional average for the Detroit-Warren-Dearborn metro area.
The area is served by the highly-rated Birmingham Public Schools district, which is consistently recognized for academic excellence and strong student performance.
The area faces standard Midwestern climate risks, including potential for heavy rain and wind; property insurance remains stable but reflects regional hazard exposure.
The area maintains strong economic momentum as a premier residential and commercial hub in Oakland County, supported by proximity to major corporate headquarters and professional service firms.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Residents benefit from a central location with convenient access to major thoroughfares like Woodward Avenue and I-75, facilitating commutes to Detroit and the surrounding tech corridors.
The area features an extensive park system, including Shain Park and various greenbelts, alongside a vibrant downtown district known for high-end shopping, dining, and cultural amenities.
The rental market is characterized by high demand and limited inventory, with a mix of long-term rentals and a small presence of short-term options.
The economy is driven by professional services, healthcare, and proximity to the automotive and tech sectors in the broader Detroit metro area.
The area is served by major road corridors including Woodward Avenue, with limited public transit options primarily consisting of bus services.
Development is focused on high-end residential infill and the modernization of downtown commercial infrastructure.
Parcels are subject to Birmingham Public Schools district taxes and standard municipal service levies.
Property insurance premiums are stable, reflecting the area's low-risk profile for major natural disasters.
Data retrieved from Census Reporter and ACS 2024 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- C.J. Barrymore's4.417.2 mi
- Dave & Buster's Livonia413.2 mi
- Dave & Buster's Utica4.112 mi
- Round1 Bowling & Arcade - Auburn Hills4.111.9 mi
- Adventure Bay Family Water Park Presented by WFCU Credit Union4.417.7 mi
- Little Caesars Arena4.616 mi
- Comerica Park4.716.3 mi
- Ford Field4.616.3 mi
- Pine Knob Music Theatre4.616.3 mi
- Huntington Place4.517 mi
- Detroit Zoo4.55.5 mi
- Emagine Royal Oak4.35 mi
- SEA LIFE Michigan Aquarium4.312 mi
- MJR Troy Cinema4.43.4 mi
- MJR Marketplace Cinema4.59.7 mi
- Henry Ford Museum of American Innovation4.816.5 mi
- Detroit Institute of Arts4.814.7 mi
- Greenfield Village4.816.4 mi
- Michigan Central4.816.2 mi
- Motown Museum4.713.8 mi
- Dodge Park4.710.9 mi
- Innovation Hills4.77.6 mi
- Cranbrook House & Gardens4.82.5 mi
- Red Oaks Waterpark4.46.3 mi
- Heritage Park4.79.6 mi
- Topgolf4.211.7 mi
- Western Golf & Country Club4.611.1 mi
- On The Dunes Sports4.211.6 mi
- Fieldstone Golf Club3.910.4 mi
- Farmington Hills Golf Club4.211.2 mi
- Great Lakes Crossing Outlets4.512 mi
- Somerset Collection4.62 mi
- Oakland Mall4.15.2 mi
- Meijer48.2 mi
- Meijer4.21.6 mi
- Detroit Metropolitan Wayne County Airport4.323.7 mi
- Windsor International Airport4.222.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The central community park hosting concerts, festivals, and seasonal events.
A premier downtown area featuring luxury boutiques, fine dining, and entertainment.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).