Home prices
The price of the median home in Bloomfield Hills is $860,800. In comparison to other places in this area it is roughly $484,960 (129%) higher.In comparison to the United States as a whole it is about $643,300 (295%) higher, and compared to the city of Detroit is about $811,600 (1649%) higher.
Rents
Bloomfield Hills's median monthly rent is $1,527. Compared to its surrounding areas this is approximately $191 (14%) higher.Compared to the nation as a whole it is about $465 (43%) higher, and is about $703 (85%) higher in comparison to the city of Detroit.
Nearby places
Birmingham
Birmingham is Bloomfield Hills's neighbor to the southeast. Housing prices there are substantially less expensive. The median home in Birmingham costs $541,500, which works out to $319,300 (58%) lower than Bloomfield Hills. Its rents are similar. In Birmingham the median rent is $1,513 a month, which is very similar to Bloomfield Hills.
Beverly Hills
Beverly Hills is approximately 3 miles south from Bloomfield Hills. Real estate prices there are significantly less expensive. Beverly Hills's median home price is $387,400, which is $473,400 (122%) lower than Bloomfield Hills. Rent there is a bit less expensive. The median rent in Beverly Hills is $1,238 a month, which is $289 (23%) lower than Bloomfield Hills.
Bingham Farms
Bingham Farms is approximately 4 miles south of Bloomfield Hills. Real estate prices there are a lot less expensive. The cost of the median home in Bingham Farms is $415,000, which comes out to $445,800 (107%) lower than Bloomfield Hills. Rent there is a lot less expensive. The median monthly rent in Bingham Farms is $1,000, which comes out to $527 (52%) lower than Bloomfield Hills.
Troy
Troy is approximately 4 miles east from Bloomfield Hills. The real estate prices there are significantly less expensive. The median home in Troy is valued at $301,500, which comes out to $559,300 (185%) lower than Bloomfield Hills. Rent there is a little less expensive. The median monthly rent in Troy is $1,215, which comes out to $312 (25%) lower than Bloomfield Hills.
Sylvan Lake
Sylvan Lake is roughly 4 miles northwest from Bloomfield Hills. The real estate prices there are significantly less expensive. The median home price in Sylvan Lake is $233,800, which comes out to $627,000 (268%) lower than Bloomfield Hills. Rents there are a bit more expensive. The median rent in Sylvan Lake is $1,712 per month, which comes out to $185 (10%) higher than Bloomfield Hills.
