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

$297,618

AVERAGE PRICE OF 281 HOMES

$294,541

AVERAGE PRICE OF 28 DISTRESSED HOMES

$1,495,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$410,783

AVERAGE PRICE OF 6 NEWLY BUILT HOMES

$289,284

AVERAGE PRICE OF 26 HOMES WITH A POOL

$279,553

AVERAGE PRICE OF 91 REDUCED PRICE HOMES

Average Home

Average Price $297,618
Avg Bedrooms 3 beds
Avg Bathrooms 2.22 baths

Average Price by Bedrooms

1 bedroom $54,950
2 bedrooms $155,728
3 bedrooms $238,536
4 bedrooms $338,194
5 bedrooms $570,128
Farmington Hills Home Price Trends
  1/2017 12/2016 11/2016 10/2016 9/2016
Total Listings 263 312 365 399 421
Average Price $285,192 $286,319 $288,589 $293,507 $301,618
Avg Price Change -0.40% -0.79% -1.70% -2.76% n/a
Median Price $258,811 $257,308 $260,156 $267,809 $273,776
Med Price Change +0.58% -1.11% -2.94% -2.23% n/a
Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms 2.16 baths 2.19 baths 2.22 baths 2.22 baths 2.24 baths
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 281 $297,618 70 days
Distressed Homes 28 $294,541 106 days
Multi-Million Dollar Homes 1 $1,495,000 319 days
Newly Built Homes 6 $410,783 65 days
Homes with a Pool 26 $289,284 77 days
Reduced Price Homes 91 $279,553 114 days