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

$309,894

AVERAGE PRICE OF 344 HOMES

$291,200

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,250,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$626,677

AVERAGE PRICE OF 9 NEWLY BUILT HOMES

$272,236

AVERAGE PRICE OF 41 HOMES WITH A POOL

$334,119

AVERAGE PRICE OF 130 REDUCED PRICE HOMES

Average Home

Average Price $309,894
Avg Bedrooms 3 beds
Avg Bathrooms 2.31 baths

Average Price by Bedrooms

1 bedroom $77,340
2 bedrooms $163,272
3 bedrooms $248,470
4 bedrooms $366,516
5 bedrooms $470,881
Farmington Hills Home Price Trends
  10/2017 9/2017 8/2017 7/2017 6/2017
Total Listings 392 418 429 424 400
Average Price $313,068 $311,853 $309,235 $313,627 $316,047
Avg Price Change +0.39% +0.85% -1.42% -0.77% -0.79%
Median Price $299,861 $296,495 $290,176 $290,066 $295,602
Med Price Change +1.14% +2.18% +0.04% -1.91% 0.00%
Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms 2.31 baths 2.29 baths 2.28 baths 2.3 baths 2.3 baths
Total Homes Average Price Avg Days on Market
All Homes 344 $309,894 68 days
Distressed Homes 4 $291,200 86 days
Multi-Million Dollar Homes 1 $1,250,000 231 days
Newly Built Homes 9 $626,677 113 days
Homes with a Pool 41 $272,236 54 days
Reduced Price Homes 130 $334,119 90 days