$3,087 Closing Credit*
$259,999
1,800 SqFt
3 Beds
•2 Full Baths
David Manley, Listing Office: Five Star Real Estate-W Norton
Is Bloomingdale, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Bloomingdale was a Neutral Market.
Key Takeaway
Bloomingdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bloomingdale, MI
How much do homes in Bloomingdale, MI cost?
Median Sold Price
$205,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+7.9%)
Key Takeaway
Homes in Bloomingdale have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in Bloomingdale was $205,000 in October 2024, up 7.9% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $205K | N/A |
| 2 Bedrooms | $143K | $274.9K | +92.2% |
| 3 Bedrooms | $189.9K | $169.9K | -10.6% |
| 4 Bedrooms | $215K | $249.5K | +16.0% |
| 5+ Bedrooms | $405K | $195K | -51.9% |
Summary: Bloomingdale housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 92.2%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes increased by 16%, and 5+ bedroom homes decreased by 51.9%.
Median Sold Price Compared To Nearby Cities
| Bloomingdale | $190K | $205K | +7.9% |
| Bloomingdale Township | $195K | $209K | +7.2% |
Housing Supply in Bloomingdale, MI
How many homes are available in Bloomingdale, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The Bloomingdale real estate market had 8 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bloomingdale housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bloomingdale, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Bloomingdale in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Bloomingdale, MI
How long does it take to sell a home in Bloomingdale, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 59 Days | 16 Days | -73.1% |
Summary: Homes in Bloomingdale had an average of 16 days on market in Oct 2024, down by 73.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bloomingdale are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Bloomingdale; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
