Market Summary

Bloomfield Hills, Oakland County, MI

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Median Home Price Price

$624,798 $624.8K

Median Monthly Rent Rent

$1,970 $2K

GRM

26.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Oakland County

Region Price Rent GRM Display
$498,513 $3,066 14.0x
$439,350 $1,437 25.0x
$611,233 $1,413 36.0x
$385,231 $1,536 21.0x
$538,343 $1,432 31.0x
$360,459 $1,220 25.0x
$377,354 $1,172 27.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Oakland County

Region Price Rent GRM Display
$275,245 $1,910 12.0x
$362,594 $1,239 24.0x
$300,199 $1,230 20.0x
$279,605 $916 25.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MI

Region Price Rent GRM Display
$337,031 $1,962 14.0x
$199,937 $800 21.0x
$430,361 $1,846 19.0x
$572,650 $3,161 15.0x
$616,006 $1,873 27.0x
$353,336 $1,868 16.0x
$311,587 $1,411 18.0x
$521,272 $1,346 32.0x
$392,886 $1,940 17.0x
$397,458 $2,031 16.0x
$455,506 $1,957 19.0x
$582,484 $2,317 21.0x
$343,916 $1,370 21.0x
$731,875 $2,389 26.0x
$523,924 $2,191 20.0x
$424,158 $1,822 19.0x
$458,343 $2,393 16.0x
$270,610 $1,851 12.0x
$363,080 $1,823 17.0x
$406,213 $1,304 26.0x
$170,906 $2,059 7.0x
$377,578 $1,298 24.0x
$481,998 $2,490 16.0x
$718,154 $1,957 31.0x
$528,198 $1,361 32.0x
$264,843 $1,037 21.0x
$570,878 $1,239 38.0x
$350,640 $1,134 26.0x
$323,971 $1,166 23.0x
$382,726 $1,255 25.0x

Home prices

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Monthly rent

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GRM

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Bloomfield Hills

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Trend Insights

Median Rent in Bloomfield Hills, MI is $1,970, with MoM change +$21 and YoY change +$151 pointing to positive momentum while volatility is low (std $38).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Bloomfield Hills, MI.

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Metric
Base market Bloomfield Hills, MI
Compare market Select a market
Delta vs base
Median rent
$1,970
N/A
Median price
$624,798
N/A
YoY change
+$151
N/A
Price-to-rent
26.4x
Data unavailable
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