Birmingham, Bloomfield Hills, Royal Oak, and Troy Market Update

If you are watching the local real estate market in Oakland County, one thing is clear: each community is moving at its own pace, and hyper-local insight matters more than ever.

From luxury activity in Birmingham to strong family-home demand in Bloomfield Hills and Royal Oak, and growing interest in Troy from value-conscious buyers, today’s market is creating different opportunities depending on where you want to buy or sell.

At RE/MAX Showcase Homes, we believe buyers and sellers are best served by looking beyond broad headlines and focusing on what is happening city by city. Here is a closer look at the latest residential resale trends in Birmingham, Bloomfield Hills, Royal Oak, and Troy.

Birmingham Real Estate Market

The Birmingham real estate market continues to thrive, especially in the residential resale segment.

The latest local market data shows:

• Average sales price: $1,286,160
• Days on market until sale: 33
• Inventory of homes for sale: 68

Birmingham continues to stand out for its luxury appeal, strong buyer interest, and limited resale inventory. Well-positioned homes are still moving in a healthy timeframe, showing that demand remains strong when pricing and presentation align with the market.

For sellers, this means preparation and pricing strategy still matter. For buyers, it means being ready when the right opportunity appears.

Bloomfield Hills Real Estate Market

Bloomfield Hills continues to show steady demand for family homes, supported by its long-term appeal, larger properties, and established neighborhoods.

Current residential data shows:

• Average sales price: $942,383
• Days on market until sale: 19
• Inventory of homes for sale: 48

A 19-day average marketing time is a strong signal that quality inventory is getting attention quickly. Buyers continue to recognize the value of Bloomfield Hills for space, setting, and long-term ownership potential.

For homeowners considering a move, this remains a market where thoughtful preparation can make a meaningful difference. For buyers, speed and clarity are important when strong listings come to market.

Royal Oak Real Estate Market

Royal Oak continues to see steady demand for family homes, with buyers drawn to neighborhood character, convenience, and lifestyle appeal.

Current residential figures show:

• Average sales price: $407,257
• Days on market until sale: 47
• Inventory of homes for sale: 100

Royal Oak remains one of the area’s most consistently active markets. While homes are taking longer to sell than in some nearby luxury communities, buyer activity is still present and inventory remains competitive enough to keep sellers engaged.

This is a market where strong marketing, realistic pricing, and neighborhood-specific positioning can have a significant impact.

Troy Real Estate Market

Troy is experiencing growth in first-time buyer interest, particularly among buyers looking for a balance of value, convenience, and location.

The latest residential market data shows:

• Average sales price: $519,922
• Days on market until sale: 42
• Inventory of homes for sale: 66

Troy continues to offer an attractive alternative for buyers who want access to a strong location and established housing stock while staying below the price points often seen in Birmingham and Bloomfield Hills. That relative value helps keep Troy firmly on the radar for many buyers entering the market.

For first-time buyers especially, Troy can represent an important entry point into a stable and desirable part of Oakland County.

What This Means for Buyers and Sellers

Across these four communities, one broad theme stands out: the market is still active, but strategy matters.

• Birmingham continues to perform well in the luxury and resale segment.
• Bloomfield Hills is seeing strong response for quality family homes.
• Royal Oak remains steady, active, and lifestyle-driven.
• Troy continues to attract buyers seeking value and accessibility.

That is why local interpretation is so important. A headline about the “Metro Detroit market” does not tell the full story. Buyers and sellers need neighborhood-level guidance, pricing strategy, and a clear understanding of how each city is behaving right now.

Work With RE/MAX Showcase Homes

At RE/MAX Showcase Homes, we specialize in helping buyers and sellers navigate dynamic local markets with confidence. Whether you are considering a move in Birmingham, Bloomfield Hills, Royal Oak, or Troy, our team provides the hyper-local insight and strategic guidance needed to make informed decisions.

If you would like a customized market opinion for your home or want to better understand where the best opportunities may be as a buyer, we are here to help.

Contact RE/MAX Showcase Homes today to discuss your next move.