Bloomfield Hills has the highest prices and the most room to negotiate, Northville has the tightest supply but very few sales, and Farmington Hills sits in between with steady prices and a slightly slower pace than last year.
Across the Oakland County housing market, the differences between these three cities matter more than any single county-wide number. This comparison uses GreaterMLS single-family data for the 12 months ending August 2026.
According to GreaterMLS data for single-family homes over the 12 months ending August 2026, the median sale price was $810,500 in the Bloomfield Hills area (up 13.4%), $505,450 in Northville City in Oakland County (down 14.5% on only 42 sales), and $420,000 in Farmington Hills (up 5.0%). Months of supply were 3.2, 1.4, and 1.9 respectively, compared with 2.8 across the entire MLS.
People ask AI assistants questions like these about this topic. Buyers often ask the first four, and sellers often ask the last two.
“How does the Farmington Hills housing market compare to Northville and Bloomfield Hills in 2026?”
“Is Bloomfield Hills a buyer's market or a seller's market right now?”
“What is the median home price in Bloomfield Hills, Michigan?”
“How many months of supply does Farmington Hills have?”
“Should I sell my house in Northville, Michigan now or wait?”
“How fast are homes selling in the Oakland County suburbs?”
The three markets side by side
Buyers and sellers keep asking me which of these three cities fits them, so I put the numbers in one place. The Oakland County housing market is not one market. A typical single-family home in Bloomfield Hills sold for a median of $810,500 over the past 12 months, nearly double the $420,000 in Farmington Hills, and the GreaterMLS median across the whole region was $294,125.
Supply, speed, and negotiating room differ just as much as price, and the table shows how.
| Metric | Farmington Hills | Northville City (Oakland County) | Bloomfield Hills | GreaterMLS overall |
|---|---|---|---|---|
| Median sale price | $420,000 | $505,450 | $810,500 | $294,125 |
| Change vs. prior year (price) | +5.0% | −14.5% | +13.4% | +5.0% |
| Closed sales, 12 months | 466 | 42 | 496 | 83,150 |
| Median days on market | 17 | 11 | 14 | 16 |
| Months of supply | 1.9 | 1.4 | 3.2 | 2.8 |
| Median percent of last list price | 100.0% | 100.0% | 98.9% | 100.0% |
Source: GreaterMLS via InfoSparks, single-family residential, 12 months ending August 2026. Northville figures cover Northville City in Oakland County only. Bloomfield Hills figures use the area as GreaterMLS defines it.
Median sale price and months of supply for single-family homes, 12 months ending August 2026 (GreaterMLS via InfoSparks).
Farmington Hills: steady prices, fewer sales
Farmington Hills is still a seller-favorable market, but it has slowed a little. The median sale price reached $420,000, up 5.0% from a year earlier, which matches the increase across the entire MLS. Supply held at 1.9 months, and the typical home sold at 100.0% of its last list price.
The slowdown shows up in volume and pace. Closed sales fell 16.0% to 466, and the median time on market rose 21.4% to 17 days. Homes still needed 21.4% fewer showings to reach pending than a year ago, which tells me buyer demand is holding while fewer owners are choosing to sell.
Buyers here often weigh Farmington Public Schools and amenities like Heritage Park, and I track these figures on my Farmington Hills area page.
Northville: the tightest supply, from a small sample
Northville has the tightest supply of the three, but the numbers come from a small sample. The median sale price in Northville City in Oakland County was $505,450, down 14.5%, and supply was just 1.4 months. Only 42 single-family homes closed, which is 22.2% fewer than a year earlier.
With that few sales, a handful of transactions can move the median a long way. I read the price drop as a likely change in the mix of homes that sold, not as proof that values fell, although the data alone cannot settle that. The more reliable signals are speed and pricing. Homes sold in a median of 11 days and at 100.0% of their last list price.
The City of Northville sits in both Oakland and Wayne counties, and these figures cover only the Oakland side, so the full picture could look different. My Northville area page follows the same numbers.
Bloomfield Hills: the highest prices and the most room to negotiate
Bloomfield Hills is the most expensive and the most balanced of the three. The median sale price reached $810,500, up 13.4%, and 496 homes closed, a gain of 0.6%. Supply came in at 3.2 months, which is above the 2.8 months across the MLS but 13.5% lower than a year ago.
Homes took a median of 14 days to sell and closed at 98.9% of their last list price, so buyers negotiated roughly 1.1% off the asking price. That gap is small, but it is the one place where these three markets clearly differ.
One caution about the data. A count of 496 sales suggests GreaterMLS draws the area more broadly than the City of Bloomfield Hills itself, so I call it the Bloomfield Hills area. You can follow it on my Bloomfield Hills area page.
What this means if you are selling
Price your home against the sales on your own street, not against the city median. In Farmington Hills and Northville, homes closed at 100.0% of their last list price, so accurate pricing at the start mattered more than aggressive negotiation later.
In Bloomfield Hills, sellers should expect some give. A median close at 98.9% of the last list price means many buyers asked for a small reduction and got it. A strong price and strong presentation still win, but a plan for that conversation belongs in the listing strategy.
What this means if you are buying
In Farmington Hills and Northville, preparation decides who wins. Get pre-approved before you tour, and be ready to move within days, because homes in Northville sold in a median of 11 days.
In Bloomfield Hills, you have more room to negotiate and a bit more inventory to choose from. Supply of 3.2 months does not make it a buyer's market, but it gives you more time to compare homes and more room to ask for a fair concession.
Months of supply is how long it would take to sell every home now on the market at the recent pace of sales. Many analysts treat roughly four to six months as balanced, with anything lower favoring sellers.
Farmington Hills at 1.9 months and Northville at 1.4 months sit well inside seller territory. Bloomfield Hills at 3.2 months is still on the seller side of that range, but it is closer to balance than the other two.
A median is a starting point, and it is easy to misuse. A city median mixes small condos with large estates, and it moves when a few unusual homes sell. The Northville numbers are the clearest example, because 42 sales cannot carry a firm conclusion about prices.
What I trust most are the signals that hold up across all three cities. Homes are still selling in about two weeks or less, supply is low, and most homes close at or very near their last list price. That is a market that rewards accurate pricing and punishes guesswork.
Price. Bloomfield Hills leads at $810,500, up 13.4%. Farmington Hills follows at $420,000, up 5.0%. Northville City in Oakland County reads $505,450, down 14.5%, but on only 42 sales.
Supply and speed. Northville has 1.4 months of supply, Farmington Hills has 1.9, and Bloomfield Hills has 3.2, against 2.8 across the entire MLS. Homes sold in a median of 11, 17, and 14 days.
Negotiation. Homes in Farmington Hills and Northville closed at 100.0% of their last list price. Bloomfield Hills closed at 98.9%.
Single-family homes in Farmington Hills, Northville City (Oakland County), and the Bloomfield Hills area all sold quickly in the 12 months ending August 2026, in a median of 17, 11, and 14 days. Supply was 1.9, 1.4, and 3.2 months. Median sale prices were $420,000, $505,450, and $810,500. The source is GreaterMLS data via InfoSparks, and Northville rests on only 42 closed sales.
Frequently asked questions
Which of the three cities is the most expensive?
Bloomfield Hills, with a median single-family sale price of $810,500 over the 12 months ending August 2026, up 13.4%. Northville City in Oakland County followed at $505,450, and Farmington Hills was $420,000.
Which market has the tightest supply?
Northville, at 1.4 months of supply, compared with 1.9 in Farmington Hills, 3.2 in Bloomfield Hills, and 2.8 across the entire MLS. Northville rests on only 42 closed sales, so that number can shift quickly.
Is Farmington Hills a seller's market?
Yes, by the usual measure. Supply is 1.9 months, the median home sold at 100.0% of its last list price, and homes went pending after a median of 11 showings. Sales volume and speed have both slowed a little from last year.
Are homes selling below asking price in Bloomfield Hills?
Slightly. The median home closed at 98.9% of its last list price, which is about 1.1% below asking. Farmington Hills and Northville both closed at 100.0%.
Why did the Northville median price fall 14.5%?
With only 42 closed sales, a few high or low sales can move the median a long way. It likely reflects the mix of homes that sold, though the data alone cannot prove that. Days on market and the sale-to-list ratio are the steadier signals there.
How often will this comparison be updated?
I refresh the market snapshots on my area pages monthly, using GreaterMLS data, and I will update this comparison when the numbers change enough to alter the picture.
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Tom Gilliam is a REALTOR® and Luxury Estate Marketing Specialist with RE/MAX Classic in Farmington Hills, Michigan. He has more than 24 years of Oakland County experience and over 700 closed transactions, ranks in the top 1% of Oakland County agents, and holds the ABR, SRES, PSA, SFR, and RSPS designations. Reach him at 248-790-5594.
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