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

$312,898

AVERAGE PRICE OF 423 HOMES

$295,475

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,182,133

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$606,950

AVERAGE PRICE OF 10 NEWLY BUILT HOMES

$276,700

AVERAGE PRICE OF 45 HOMES WITH A POOL

$344,550

AVERAGE PRICE OF 137 REDUCED PRICE HOMES

Average Home

Average Price $312,898
Avg Bedrooms 3 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom $64,700
2 bedrooms $157,065
3 bedrooms $238,388
4 bedrooms $375,805
5 bedrooms $503,611
Farmington Hills Home Price Trends
  8/2017 7/2017 6/2017 5/2017 4/2017
Total Listings 429 424 400 340 294
Average Price $309,235 $313,627 $316,047 $318,535 $322,272
Avg Price Change -1.42% -0.77% -0.79% -1.17% +4.13%
Median Price $290,176 $290,066 $295,602 $295,613 $292,912
Med Price Change +0.04% -1.91% 0.00% +0.92% +3.70%
Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms 2.28 baths 2.3 baths 2.3 baths 2.33 baths 2.35 baths
Total Homes Average Price Avg Days on Market
All Homes 423 $312,898 56 days
Distressed Homes 4 $295,475 24 days
Multi-Million Dollar Homes 3 $1,182,133 153 days
Newly Built Homes 10 $606,950 122 days
Homes with a Pool 45 $276,700 57 days
Reduced Price Homes 137 $344,550 86 days