Why Live in Bingham Farms
Bingham Farms, MI, is a residential community in the rural exurbs of Metro Detroit, offering proximity to the historic suburb of Beverly Hills and convenient access to major highways. Founded in 1823, this village evolved from a farming community to a modern suburb, with Telegraph Road serving as its main commercial artery. The area is characterized by ranch-style homes, including colonial-style and stone constructions, with prices ranging from $700,000 to nearly $5 million. Residents enjoy nearby amenities at the Tel-Twelve Mall, featuring stores like Meijer and Lowe's, and dining options such as the Rusty Bucket Restaurant and Tavern. Golf enthusiasts can visit the Oakland Hills Country Club, known for hosting prestigious events like the Ryder Cup. Bingham Farms is part of the Birmingham City School District, with highly-rated schools including Bingham Farms Elementary, Berkshire Middle, and Groves High School. The community is 20 miles from downtown Detroit, accessible via Route 10 and Interstates 696 and 75. Bingham Farms combines scenic beauty with suburban tranquility, offering a luxurious lifestyle amidst conserved woods and ravines.
Home Trends in Bingham Farms, MI
On average, homes in Bingham Farms, MI sell after 38 days on the market compared to the national average of 70 days. The median sale price for homes in Bingham Farms, MI over the last 12 months is $527,500, down 9% from the median home sale price over the previous 12 months.
Median Sale Price
$527,500
Median Single Family Sale Price
$845,000
Median 2 Bedroom Sale Price
$404,000
Average Price Per Sq Ft
$272
Number of Homes for Sale
2
Last 12 months Home Sales
28
Median List Price
$534,500
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-9%
