Farmington Hills

Why you'd want to live in Farmington Hills

Farmington Hills is a great place to call home. Within our borders you’ll find quiet, comfortable neighborhoods, top-notch schools, more than 600 acres of public parks, and exceptional cultural and recreational programs for youth, seniors, and all ages in between. We’re also an international community that embraces cultural diversity. Companies from around the world have selected Farmington Hills as an ideal place to do business and our residents speak more than 80 different languages. Yet our citizens also enjoy all the charm of an old-fashioned small town, thanks to our close relationship with the historic City of Farmington. via Farmington Hills city website

Farmington Hills Market Report

$313,012

AVERAGE PRICE OF 385 HOMES

$291,200

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,250,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$633,042

AVERAGE PRICE OF 7 NEWLY BUILT HOMES

$258,944

AVERAGE PRICE OF 36 HOMES WITH A POOL

$333,716

AVERAGE PRICE OF 130 REDUCED PRICE HOMES

Average Home

Average Price $313,012
Avg Bedrooms 3 beds
Avg Bathrooms 2.31 baths

Average Price by Bedrooms

1 bedroom $63,200
2 bedrooms $156,667
3 bedrooms $241,911
4 bedrooms $373,773
5 bedrooms $490,722
Farmington Hills Home Price Trends
  9/2017 8/2017 7/2017 6/2017 5/2017
Total Listings 418 429 424 400 340
Average Price $311,853 $309,235 $313,627 $316,047 $318,535
Avg Price Change +0.85% -1.42% -0.77% -0.79% -1.17%
Median Price $296,495 $290,176 $290,066 $295,602 $295,613
Med Price Change +2.18% +0.04% -1.91% 0.00% +0.92%
Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms 2.29 baths 2.28 baths 2.3 baths 2.3 baths 2.33 baths
Total Homes Average Price Avg Days on Market
All Homes 385 $313,012 60 days
Distressed Homes 4 $291,200 51 days
Multi-Million Dollar Homes 1 $1,250,000 196 days
Newly Built Homes 7 $633,042 106 days
Homes with a Pool 36 $258,944 47 days
Reduced Price Homes 130 $333,716 89 days