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

$308,860

AVERAGE PRICE OF 430 HOMES

$197,500

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,135,700

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$644,309

AVERAGE PRICE OF 10 NEWLY BUILT HOMES

$246,826

AVERAGE PRICE OF 41 HOMES WITH A POOL

$325,878

AVERAGE PRICE OF 139 REDUCED PRICE HOMES

Average Home

Average Price $308,860
Avg Bedrooms 3 beds
Avg Bathrooms 2.28 baths

Average Price by Bedrooms

1 bedroom $72,766
2 bedrooms $168,901
3 bedrooms $240,502
4 bedrooms $366,954
5 bedrooms $532,696
Farmington Hills Home Price Trends
  7/2017 6/2017 5/2017 4/2017 3/2017
Total Listings 424 400 340 294 283
Average Price $313,627 $316,047 $318,535 $322,272 $309,485
Avg Price Change -0.77% -0.79% -1.17% +4.13% +6.24%
Median Price $290,066 $295,602 $295,613 $292,912 $282,456
Med Price Change -1.91% 0.00% +0.92% +3.70% +4.16%
Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms 2.3 baths 2.3 baths 2.33 baths 2.35 baths 2.27 baths
Total Homes Average Price Avg Days on Market
All Homes 430 $308,860 51 days
Distressed Homes 2 $197,500 44 days
Multi-Million Dollar Homes 2 $1,135,700 148 days
Newly Built Homes 10 $644,309 100 days
Homes with a Pool 41 $246,826 55 days
Reduced Price Homes 139 $325,878 76 days