Housing in Bingham Farms, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$427,000

Median List Price

N/A

Price Per Sq Ft

$223

Days on Market

40

Active Inventory

2

Months of Supply

0.7

Seller's market

Zillow Home Value

$594,785

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 33.7%List Price 122.4%Apr 24Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

96.7%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
50.0%

Market Activity

Source: Redfin

Homes Sold

3

Pending Sales

1

Homes Sold 50.0%New Listings 60.0%Pending 83.3%Apr 24Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$223

Sale $/SF 8.6%List $/SF 90.8%Apr 24Dec 25

Bingham Farms vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Bingham Farms is highlighted.

Median Home Value

Median Price Per Sq Ft

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$570,900

Median Rent

N/A

Total Housing Units

506

Vacancy Rate

7.5%

Owner Occupied

95.1%

Renter Occupied

4.9%

Median Property Tax

$8,125

per year

Monthly Cost (w/ Mortgage)

$2,152

Housing Types

Single Family
83.6%
Multi-Family
16.4%
Mobile Home
0.0%

The current median sale price in Bingham Farms, MI is $427,000 according to Redfin data. Homes spend a median of 40 days on the market. 0.0% of homes sold above asking price. The market has 0.7 months of supply. The median price per square foot is $223. About 95.1% of housing units are owner-occupied. The median year homes were built is 1984. There are 506 total housing units.