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

$311,982

AVERAGE PRICE OF 279 HOMES

$284,322

AVERAGE PRICE OF 8 DISTRESSED HOMES

$1,255,466

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$595,800

AVERAGE PRICE OF 7 NEWLY BUILT HOMES

$287,099

AVERAGE PRICE OF 25 HOMES WITH A POOL

$283,865

AVERAGE PRICE OF 86 REDUCED PRICE HOMES

Average Home

Average Price $311,982
Avg Bedrooms 3 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $55,740
2 bedrooms $145,737
3 bedrooms $242,394
4 bedrooms $360,234
5 bedrooms $570,620
Farmington Hills Home Price Trends
  2/2017 1/2017 12/2016 11/2016 10/2016
Total Listings 274 263 312 365 399
Average Price $291,296 $285,192 $286,319 $288,589 $293,507
Avg Price Change +2.14% -0.40% -0.79% -1.70% -2.76%
Median Price $271,181 $258,811 $257,308 $260,156 $267,809
Med Price Change +4.78% +0.58% -1.11% -2.94% -2.23%
Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms 2.19 baths 2.16 baths 2.19 baths 2.22 baths 2.22 baths
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 279 $311,982 68 days
Distressed Homes 8 $284,322 153 days
Multi-Million Dollar Homes 3 $1,255,466 19 days
Newly Built Homes 7 $595,800 55 days
Homes with a Pool 25 $287,099 64 days
Reduced Price Homes 86 $283,865 109 days