1 day on Rocket
#20250016512, Sheel Sohal, Listing Office: KW Domain
Bingham Farms Housing Market Report February 2025•Oakland County, Michigan
Housing Prices in Bingham Farms, MI
How much do homes in Bingham Farms, MI cost?
Median List Price
$521,500$196/SqFt
-$137,500
-20.9%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Bingham Farms has decreased by 20.9% since last year.
Summary: The median home list price in Bingham Farms was $521,500 in February 2025, down 20.9% from the previous year, and the median price per square foot was $196.
Median List Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Franklin | $750K | $867.5K | +15.7% |
| Beverly Hills | $499.9K | $549.5K | +9.9% |
| Southfield Township | $256.2K | $279.9K | +9.2% |
| Southfield | $219.9K | $237.7K | +8.1% |
| Bingham Farms | $659K | $521.5K | -20.9% |
Median List Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $410K | $425K | +3.7% |
| 33 Bedrooms | $449.9K | $455K | +1.1% |
| 44 Bedrooms | $729K | $1.0M | +47.1% |
| 55+ Bedrooms | $1.9M | $3.9M | +100.2% |
Summary: Bingham Farms housing price by bedroom type for February 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 +3.7%. The home price for 3 bedroom homes increased by +1.1%. The home price for 4 bedroom homes increased by +47.1%. The home price for 5 bedroom homes increased by +100.2%.
How does Bingham Farms, MI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Bingham Farms, MI
Housing supply in Bingham Farms, MI
How many homes are available in Bingham Farms, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthFeb 2025 | ||
| 42 months agoJan 2025 | +50.0 % Change MoMJan – Feb |
Summary: The Bingham Farms real estate market had 6 homes for sale in Feb 2025, a 50.0 % increase compared to Jan 2025.
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 2 | 3 | +50.0% |
| 44 Bedrooms | 2 | 3 | +50.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Bingham Farms housing inventory by bedroom type for February 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 increased by +50.0%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Bingham Farms, MI cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price0 Home
Insight
If you're buying a home in Bingham Farms, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Bingham Farms in February 2025, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.
Days on Market for Bingham Farms, MI
How long does it take to sell a home in Bingham Farms, MI?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Most homes in Bingham Farms are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 1 homes were sold in Bingham Farms; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 70 DaysThis YearFeb 2025 | ||
| 220 Days1 year agoFeb 2024 | -68.0 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Bingham Farms had an average listing age of 70 days in Feb 2025, down by 68.0% compared to the previous year.
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Newest Listings in Bingham Farms, MI
What homes are available in Bingham Farms, MI?
2 days on RocketVideo tour
#20250016125, Tracey Freeman, Listing Office: KW Domain
Backup offers
$5,403 Closing Credit¹
#20250008510, Caitlin Winston, Listing Office: KW Domain
Video tour
#20250005538, Sheel Sohal, Listing Office: KW Domain
$10,000 Closing Credit¹
#20240057518, Christopher J Gerback, Listing Office: Max Broock, REALTORS®-Birmingham
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., for the period 03/01/2023 - 03/01/2025
Disclaimer: 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: 3/13/2025, 9:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.