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

$307,256

AVERAGE PRICE OF 334 HOMES

$243,266

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,174,633

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$533,541

AVERAGE PRICE OF 18 NEWLY BUILT HOMES

$205,966

AVERAGE PRICE OF 43 HOMES WITH A POOL

$308,660

AVERAGE PRICE OF 73 REDUCED PRICE HOMES

Average Home

Average Price $307,256
Avg Bedrooms 3.36 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $84,566
2 bedrooms $159,657
3 bedrooms $264,890
4 bedrooms $378,266
5 bedrooms $440,365
Farmington Hills Home Price Trends
  4/2018 3/2018 2/2018 1/2018 12/2017
Total Listings n/a 234 228 241 291
Average Price n/a $313,188 $314,279 $318,035 $310,172
Avg Price Change n/a -0.35% -1.20% +2.54% -0.30%
Median Price n/a $294,043 $290,400 $296,575 $295,437
Med Price Change n/a +1.25% -2.13% +0.39% -1.50%
Avg Bedrooms n/a 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms n/a 2.3 baths 2.3 baths 2.33 baths 2.31 baths
Total Homes Average Price Avg Days on Market
All Homes 334 $307,256 44 days
Distressed Homes 3 $243,266 37 days
Multi-Million Dollar Homes 3 $1,174,633 69 days
Newly Built Homes 18 $533,541 87 days
Homes with a Pool 43 $205,966 44 days
Reduced Price Homes 73 $308,660 74 days