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

$309,107

AVERAGE PRICE OF 289 HOMES

$338,266

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,250,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$628,910

AVERAGE PRICE OF 10 NEWLY BUILT HOMES

$259,014

AVERAGE PRICE OF 34 HOMES WITH A POOL

$316,196

AVERAGE PRICE OF 116 REDUCED PRICE HOMES

Average Home

Average Price $309,107
Avg Bedrooms 3 beds
Avg Bathrooms 2.31 baths

Average Price by Bedrooms

1 bedroom $83,896
2 bedrooms $167,412
3 bedrooms $250,286
4 bedrooms $359,542
5 bedrooms $495,252
Farmington Hills Home Price Trends
  11/2017 10/2017 9/2017 8/2017 7/2017
Total Listings 354 392 418 429 424
Average Price $311,116 $313,068 $311,853 $309,235 $313,627
Avg Price Change -0.63% +0.39% +0.85% -1.42% -0.77%
Median Price $299,870 $299,861 $296,495 $290,176 $290,066
Med Price Change +0.00% +1.14% +2.18% +0.04% -1.91%
Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms 2.31 baths 2.31 baths 2.29 baths 2.28 baths 2.3 baths
Total Homes Average Price Avg Days on Market
All Homes 289 $309,107 75 days
Distressed Homes 3 $338,266 100 days
Multi-Million Dollar Homes 1 $1,250,000 255 days
Newly Built Homes 10 $628,910 125 days
Homes with a Pool 34 $259,014 54 days
Reduced Price Homes 116 $316,196 95 days