Bingham Farms Housing Market Report January 2025Oakland County, Michigan

hero building illustration for mobile

Housing Prices in Bingham Farms, MI

How much do homes in Bingham Farms, MI cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$535,750$197/SqFt
-$68,750
-11.4%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Bingham Farms has decreased by 11.4% since last year.

Summary: The median home list price in Bingham Farms was $535,750 in January 2025, down 11.4% from the previous year, and the median price per square foot was $197.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Southfield Township
+10.9%
Beverly Hills
+7.5%
Southfield
+5.8%
Franklin
-0.1%
Bingham Farms
-11.4%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1--
N/A
2$399.9K$425K
+6.3%
3$449.9K$521.5K
+15.9%
4$729K$995K
+36.5%
5$1.9M$3.9M
+100.2%

Summary: Bingham Farms housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +6.3%. The home price for 3 bedroom homes increased by +15.9%. The home price for 4 bedroom homes increased by +36.5%. The home price for 5 bedroom homes increased by +100.2%.

Housing supply in Bingham Farms, MI

How many homes are available in Bingham Farms, MI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
4Last MonthJan 2025
52 months agoDec 2024
-20.0 %
Change MoMDec – Jan

Summary: The Bingham Farms real estate market had 4 homes for sale in Jan 2025, a 20.0 % decrease compared to Dec 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
200
0.0%
332
-33.3%
422
0.0%
500
0.0%

Summary: Bingham Farms housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -33.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for Bingham Farms, MI

How long does it take to sell a home in Bingham Farms, MI?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
76 DaysThis YearJan 2025
220 Days1 year agoJan 2024
-65.5 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Bingham Farms had an average listing age of 76 days in Jan 2025, down by 65.5% compared to the previous year.

Newest Listings in Bingham Farms, MI

What homes are available in Bingham Farms, MI?

MLS Disclaimers and Copyright

Based on information from RealComp II Ltd., for the period 02/01/2023 - 02/01/2025

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 2:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.