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

$311,869

AVERAGE PRICE OF 377 HOMES

$1,074,900

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$530,403

AVERAGE PRICE OF 18 NEWLY BUILT HOMES

$271,393

AVERAGE PRICE OF 47 HOMES WITH A POOL

$291,767

AVERAGE PRICE OF 116 REDUCED PRICE HOMES

Average Home

Average Price $311,869
Avg Bedrooms 3.47 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $82,100
2 bedrooms $175,475
3 bedrooms $263,253
4 bedrooms $368,202
5 bedrooms $408,375
Farmington Hills Home Price Trends
  6/2018 5/2018 4/2018 3/2018 2/2018
Total Listings 346 327 n/a 234 228
Average Price $305,987 $306,567 n/a $313,188 $314,279
Avg Price Change -0.19% n/a n/a -0.35% -1.20%
Median Price $297,963 $301,257 n/a $294,043 $290,400
Med Price Change -1.11% n/a n/a +1.25% -2.13%
Avg Bedrooms 3.38 beds 3.34 beds n/a 3 beds 3 beds
Avg Bathrooms 2.26 baths 2.25 baths n/a 2.3 baths 2.3 baths
Total Homes Average Price Avg Days on Market
All Homes 377 $311,869 48 days
Multi-Million Dollar Homes 1 $1,074,900 179 days
Newly Built Homes 18 $530,403 110 days
Homes with a Pool 47 $271,393 46 days
Reduced Price Homes 116 $291,767 66 days