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

$314,101

AVERAGE PRICE OF 374 HOMES

$241,957

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,253,850

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$654,950

AVERAGE PRICE OF 8 NEWLY BUILT HOMES

$300,673

AVERAGE PRICE OF 34 HOMES WITH A POOL

$305,159

AVERAGE PRICE OF 80 REDUCED PRICE HOMES

Average Home

Average Price $314,101
Avg Bedrooms 3 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom $53,800
2 bedrooms $177,886
3 bedrooms $248,544
4 bedrooms $363,235
5 bedrooms $545,742
Farmington Hills Home Price Trends
  4/2017 3/2017 2/2017 1/2017 12/2016
Total Listings 294 283 274 263 312
Average Price $322,272 $309,485 $291,296 $285,192 $286,319
Avg Price Change +4.13% +6.24% +2.14% -0.40% -0.79%
Median Price $292,912 $282,456 $271,181 $258,811 $257,308
Med Price Change +3.70% +4.16% +4.78% +0.58% -1.11%
Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms 2.35 baths 2.27 baths 2.19 baths 2.16 baths 2.19 baths
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 374 $314,101 45 days
Distressed Homes 5 $241,957 129 days
Multi-Million Dollar Homes 4 $1,253,850 57 days
Newly Built Homes 8 $654,950 75 days
Homes with a Pool 34 $300,673 38 days
Reduced Price Homes 80 $305,159 83 days