The story of this market
The typical home in ZIP 48302 sells for about $912,454, or $215 per square foot.
Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $1,966 a month.
ZIP 48302 — Bloomfield Hills
The market in 48302 is currently balanced, with list prices remaining relatively stable and days on market showing a slight upward trend. Inventory is limited, and the area continues to attract affluent buyers seeking luxury residential properties. Specific figures for sales volume and rental rates are not currently published at the ZIP level.
This ZIP is ideal for affluent families and professionals seeking luxury housing, top-tier school districts, and a quiet, suburban lifestyle with proximity to regional employment centers.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 38 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.1% · poverty 5.9% — a stable, low-distress profile.
ZCTA 48302, Oakland County MI
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 features a mix of established luxury residential neighborhoods and proximity to major employment hubs in Oakland County, with ongoing demand for high-end housing.
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 typically rely on personal vehicles for commuting, with access to major regional corridors like Woodward Avenue and I-75 providing connections to the Detroit employment core.
The area offers access to numerous private golf clubs, local parks, and scenic lakes, with high-end shopping and dining districts located in nearby Birmingham and Bloomfield Hills.
The rental market is characterized by limited inventory and high demand for luxury single-family homes, with few multi-family developments in the immediate ZIP code.
The local economy is anchored by professional services, healthcare, and corporate headquarters located throughout Oakland County, benefiting from a highly educated workforce.
Transportation is primarily automobile-dependent, with major arterial roads facilitating regional travel; public transit options are limited.
Development is primarily focused on luxury residential infill and the renovation of existing estates rather than large-scale commercial expansion.
Parcels are subject to standard municipal and county property tax levies, with specific school district taxes supporting the local Bloomfield Hills and Birmingham school systems.
Data retrieved from US Census Bureau ZCTA profiles.
- Dave & Buster's Livonia412.1 mi
- Dave & Buster's Utica4.115.3 mi
- Round1 Bowling & Arcade - Auburn Hills4.18.4 mi
- Urban Air Trampoline and Adventure Park4.215.3 mi
- Red Oaks Waterpark4.411.5 mi
- Pine Knob Music Theatre4.611.9 mi
- Topgolf4.28.3 mi
- Vibe Credit Union Showplace4.311.9 mi
- SEA LIFE Michigan Aquarium4.38.5 mi
- Michigan Lottery Amphitheatre at Freedom Hill4.416.7 mi
- Detroit Zoo4.510.7 mi
- SEA LIFE Michigan Aquarium4.38.5 mi
- Emagine Royal Oak4.310.3 mi
- Emagine Novi4.511.1 mi
- MJR Troy Cinema4.48.4 mi
- Henry Ford Museum of American Innovation4.819.5 mi
- Detroit Institute of Arts4.819.6 mi
- Greenfield Village4.819.5 mi
- Motown Museum4.718.6 mi
- Michigan Science Center4.419.7 mi
- Glenlore Trails4.58.7 mi
- Innovation Hills4.77.7 mi
- Cranbrook House & Gardens4.83.1 mi
- Red Oaks Waterpark4.411.5 mi
- Heritage Park4.78.1 mi
- Topgolf4.28.3 mi
- Western Golf & Country Club4.612.9 mi
- Novi Putting Edge4.211 mi
- On The Dunes Sports4.27.2 mi
- Fieldstone Golf Club3.97.8 mi
- Great Lakes Crossing Outlets4.58.4 mi
- Somerset Collection4.66.3 mi
- Twelve Oaks Mall4.410.4 mi
- Oakland Mall4.110.3 mi
- Meijer4.26.9 mi
- Detroit Metropolitan Wayne County Airport4.325.5 mi
- Windsor International Airport4.227.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A prominent residential lake community offering scenic views and recreational opportunities.
A prestigious private golf club serving the local community.
Key-figure check: median price diverges 31.6% 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 $624,200 (-31.6% 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.