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

$324,968

AVERAGE PRICE OF 307 HOMES

$222,447

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,254,100

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$654,950

AVERAGE PRICE OF 8 NEWLY BUILT HOMES

$302,323

AVERAGE PRICE OF 25 HOMES WITH A POOL

$302,927

AVERAGE PRICE OF 69 REDUCED PRICE HOMES

Average Home

Average Price $324,968
Avg Bedrooms 3 beds
Avg Bathrooms 2.36 baths

Average Price by Bedrooms

1 bedroom $52,575
2 bedrooms $181,133
3 bedrooms $250,872
4 bedrooms $368,088
5 bedrooms $560,262
Farmington Hills Home Price Trends
  3/2017 2/2017 1/2017 12/2016 11/2016
Total Listings 283 274 263 312 365
Average Price $309,485 $291,296 $285,192 $286,319 $288,589
Avg Price Change +6.24% +2.14% -0.40% -0.79% -1.70%
Median Price $282,456 $271,181 $258,811 $257,308 $260,156
Med Price Change +4.16% +4.78% +0.58% -1.11% -2.94%
Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms 2.27 baths 2.19 baths 2.16 baths 2.19 baths 2.22 baths
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 307 $324,968 53 days
Distressed Homes 4 $222,447 160 days
Multi-Million Dollar Homes 4 $1,254,100 42 days
Newly Built Homes 8 $654,950 68 days
Homes with a Pool 25 $302,323 57 days
Reduced Price Homes 69 $302,927 110 days