48304, Bloomfield Hills, MI Housing Market

ZIP code 48304's median home value is $557K, up 7.6% over the past year. Homes here sell in a median 26 days. Its PropertyIQ Score of 67 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.

48304, Bloomfield Hills, MI is one of nearly 20,000 U.S. ZIP codes that PropertyIQ analyzes with AI-powered demand signal scoring. ZIP-level analysis provides the most hyperlocal view of housing market dynamics available, measuring how demand within 48304 compares to the MI state average and identifying outperformance potential before it appears in price data.

Midwestern ZIP codes frequently offer entry prices far below national medians, but performance varies dramatically even within the same city. PropertyIQ scores individual ZIP codes to identify which neighborhoods show the demand signals — fast sales, rising price momentum, few price cuts — that predict near-term appreciation. Within the Midwest, ZIP code 48304's PropertyIQ Score of 67 ranks among the Midwest's stronger demand signals.

The PropertyIQ Score for 48304, Bloomfield Hills, MI is built from four inputs measured at the ZIP-code level: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a score above 50 points to a micro-market positioned to outperform its state.

Explore 48304, Bloomfield Hills, MI's full market profile including ZIP-level score trends, home value data, and comparisons with neighboring ZIP codes. Use the interactive map to visualize demand signals across the area and identify hyperlocal investment opportunities.