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

$314,806

AVERAGE PRICE OF 227 HOMES

$290,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,162,500

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$655,560

AVERAGE PRICE OF 15 NEWLY BUILT HOMES

$235,954

AVERAGE PRICE OF 30 HOMES WITH A POOL

$343,748

AVERAGE PRICE OF 57 REDUCED PRICE HOMES

Average Home

Average Price $314,806
Avg Bedrooms 3 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom $68,900
2 bedrooms $143,071
3 bedrooms $282,673
4 bedrooms $392,450
5 bedrooms $484,994
Farmington Hills Home Price Trends
  1/2018 12/2017 11/2017 10/2017 9/2017
Total Listings 241 291 354 392 418
Average Price $318,035 $310,172 $311,116 $313,068 $311,853
Avg Price Change +2.54% -0.30% -0.63% +0.39% +0.85%
Median Price $296,575 $295,437 $299,870 $299,861 $296,495
Med Price Change +0.39% -1.50% +0.00% +1.14% +2.18%
Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms 2.33 baths 2.31 baths 2.31 baths 2.31 baths 2.29 baths
Total Homes Average Price Avg Days on Market
All Homes 227 $314,806 70 days
Distressed Homes 1 $290,000 44 days
Multi-Million Dollar Homes 2 $1,162,500 176 days
Newly Built Homes 15 $655,560 64 days
Homes with a Pool 30 $235,954 46 days
Reduced Price Homes 57 $343,748 123 days