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

$309,568

AVERAGE PRICE OF 287 HOMES

$505,400

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,258,333

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$586,147

AVERAGE PRICE OF 18 NEWLY BUILT HOMES

$206,595

AVERAGE PRICE OF 33 HOMES WITH A POOL

$293,793

AVERAGE PRICE OF 61 REDUCED PRICE HOMES

Average Home

Average Price $309,568
Avg Bedrooms 3 beds
Avg Bathrooms 2.28 baths

Average Price by Bedrooms

1 bedroom $90,666
2 bedrooms $170,184
3 bedrooms $264,898
4 bedrooms $389,399
5 bedrooms $438,710
Farmington Hills Home Price Trends
  3/2018 2/2018 1/2018 12/2017 11/2017
Total Listings 234 228 241 291 354
Average Price $313,188 $314,279 $318,035 $310,172 $311,116
Avg Price Change -0.35% -1.20% +2.54% -0.30% -0.63%
Median Price $294,043 $290,400 $296,575 $295,437 $299,870
Med Price Change +1.25% -2.13% +0.39% -1.50% +0.00%
Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms 2.3 baths 2.3 baths 2.33 baths 2.31 baths 2.31 baths
Total Homes Average Price Avg Days on Market
All Homes 287 $309,568 53 days
Distressed Homes 2 $505,400 55 days
Multi-Million Dollar Homes 3 $1,258,333 166 days
Newly Built Homes 18 $586,147 104 days
Homes with a Pool 33 $206,595 46 days
Reduced Price Homes 61 $293,793 90 days