The story of this market
The typical home in ZIP 48301 sells for about $850,000, or $285 per square foot.
Prices are up +5.2% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,757 a month.
ZIP 48301 — Bloomfield Hills
The 48301 housing market remains robust with high demand for luxury single-family homes, evidenced by a median listing price of $1.2M. While inventory remains tight, the market shows stability with consistent year-over-year price growth. Buyers are primarily driven by the area's top-tier school districts and proximity to major regional employment hubs.
This ZIP is ideal for affluent families, established professionals, and downsizers seeking a quiet, prestigious environment with access to top-tier schools and regional employment hubs.
Median prices moved up 5.2% year over year.
Homes spend a median of 45 days on market with 3.8 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 5.2% — 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 6.4%/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 5.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 48301, Oakland County MI
Bloomfield Hills generally reports low crime rates compared to regional averages, maintaining a reputation as a safe, affluent residential community.
The area is served by highly-rated public school districts, including Bloomfield Hills Schools, which are recognized for strong academic performance and extensive extracurricular offerings.
The area faces standard Midwestern climate risks, including seasonal wind and storm events; flood risk is generally low, though localized drainage management is common.
Economic momentum is driven by its proximity to major corporate headquarters in the Detroit metro area and a stable, high-income residential base with limited new land for large-scale development.
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 primarily commute by car to employment hubs in Troy, Auburn Hills, and downtown Detroit via major corridors like I-75 and Woodward Avenue.
The area features access to numerous private golf clubs, local parks, and upscale shopping and dining districts along the Maple Road and Woodward corridors.
The rental market is characterized by high-end single-family homes and limited luxury apartment inventory, with low vacancy pressure and steady demand from professionals.
The local economy is anchored by professional services, automotive engineering, and healthcare, with significant employment hubs in nearby Troy and Auburn Hills.
Transportation is heavily reliant on private vehicle use, with major access provided by I-75 and M-1 (Woodward Avenue).
Development is largely restricted to infill projects and luxury residential redevelopment due to the built-out nature of the community.
The Oakland County Equalization Division oversees property assessments, ensuring compliance with state-mandated taxable value caps.
Parcels are subject to local school district taxes and Oakland County-wide millages for public services and infrastructure.
Property insurance premiums are stable but reflect the high replacement costs of luxury residential inventory in the region.
Data retrieved from data.census.gov ZCTA 48301 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.
- Dave & Buster's Livonia49.9 mi
- Dave & Buster's Utica4.116.1 mi
- Round1 Bowling & Arcade - Auburn Hills4.111.1 mi
- Urban Air Trampoline and Adventure Park4.216.1 mi
- Red Oaks Waterpark4.410.8 mi
- Little Caesars Arena4.618.8 mi
- Comerica Park4.719.1 mi
- Ford Field4.619.2 mi
- Pine Knob Music Theatre4.614.5 mi
- Huntington Place4.519.7 mi
- Detroit Zoo4.59.1 mi
- Emagine Royal Oak4.39 mi
- SEA LIFE Michigan Aquarium4.311.2 mi
- Emagine Novi4.59.9 mi
- MJR Troy Cinema4.48.1 mi
- Henry Ford Museum of American Innovation4.816.8 mi
- Detroit Institute of Arts4.817.5 mi
- Greenfield Village4.816.8 mi
- Michigan Central4.818.7 mi
- Motown Museum4.716.5 mi
- Glenlore Trails4.59.1 mi
- Innovation Hills4.79.6 mi
- Cranbrook House & Gardens4.83.5 mi
- Red Oaks Waterpark4.410.8 mi
- Heritage Park4.75.9 mi
- Topgolf4.211 mi
- Western Golf & Country Club4.610.2 mi
- Novi Putting Edge4.29.8 mi
- On The Dunes Sports4.27 mi
- Fieldstone Golf Club3.910.4 mi
- Great Lakes Crossing Outlets4.511.1 mi
- Somerset Collection4.66.2 mi
- Twelve Oaks Mall4.49.1 mi
- Oakland Mall4.19.8 mi
- Detroit Metropolitan Wayne County Airport4.322.8 mi
- Windsor International Airport4.225.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A historic and prestigious private golf club serving the local community.
A world-renowned center for art, science, and education featuring gardens and museums.
Key-figure check: median price diverges 41.2% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $1,200,000 (+41.2% vs the prior refresh cycle) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.