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Birmingham Market Report

$1,903,180

AVERAGE PRICE OF 301 HOMES

$2,796,662

AVERAGE PRICE OF 181 MULTI-MILLION DOLLAR HOMES

$3,369,463

AVERAGE PRICE OF 76 NEWLY BUILT HOMES

$5,070,880

AVERAGE PRICE OF 25 HOMES WITH A POOL

$909,000

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

$1,873,660

AVERAGE PRICE OF 140 DISTRESSED HOMES

Average Home

Average Price $1,903,180
Avg Bedrooms 3.6 beds
Avg Bathrooms 4.18 baths

Average Price by Bedrooms

1 bedroom $843,580
2 bedrooms $687,482
3 bedrooms $1,173,945
4 bedrooms $1,806,259
5 bedrooms $3,517,116
Birmingham Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 278 98 85 85 91
Average Price $1,644,465 $1,588,203 $1,630,147 $1,507,321 $1,459,298
Avg Price Change +3.54% -2.64% +8.15% +3.29% -5.81%
Median Price $1,229,097 $1,221,050 $1,331,261 $1,222,081 $1,106,583
Med Price Change +0.66% -9.03% +8.93% +10.44% -15.64%
Avg Bedrooms 3.56 beds 3.69 beds 3.74 beds 3.57 beds 3.54 beds
Avg Bathrooms 4.01 baths 4.1 baths 4.17 baths 3.98 baths 3.91 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 301 $1,903,180 36 days
Multi-Million Dollar Homes 181 $2,796,662 40 days
Newly Built Homes 76 $3,369,463 48 days
Homes with a Pool 25 $5,070,880 28 days
Reduced Price Homes 2 $909,000 31 days
Distressed Homes 140 $1,873,660 27 days
REALTEAM Real Estate
45410 Van Dyke Ave
Utica, MI 48317
586-580-8092

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