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Farmington Hills

Why you'd want to live in Farmington Hills

Farmington Hills is located in Southeastern Michigan in Oakland County. It's recognized as an upscale suburb of the city of Detroit. Oakland is the most prosperous county in the state and one of the most prosperous in the country. It has a reputation for excellent schools and has numerous recreational programs for citizens of all ages. Situated in a major automotive region and Automation Alley, Farmington Hills is home to a large number of manufacturing research, engineering and design companies. Numerous major corporations are located in the city including Robert Bosch Corporation, Allstate Insurance, Alcoa, Nissan, Gale, Daimler Chrysler, Cingular Wireless, Motorola and many others.

Farmington Hills Market Report

$418,304

AVERAGE PRICE OF 238 HOMES

$423,752

AVERAGE PRICE OF 220 DISTRESSED HOMES

$1,686,999

AVERAGE PRICE OF 8 MULTI-MILLION DOLLAR HOMES

$671,498

AVERAGE PRICE OF 5 NEWLY BUILT HOMES

$282,407

AVERAGE PRICE OF 25 HOMES WITH A POOL

$405,867

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $418,304
Avg Bedrooms 2.76 beds
Avg Bathrooms 2.37 baths

Average Price by Bedrooms

1 bedroom $119,375
2 bedrooms $254,316
3 bedrooms $397,176
4 bedrooms $473,428
5 bedrooms $759,733
Farmington Hills Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 235 224 206 198 n/a
Average Price $427,087 $433,506 $402,091 $403,411 n/a
Avg Price Change -1.50% +7.81% -0.33% n/a n/a
Median Price $379,888 $376,453 $352,754 $353,712 n/a
Med Price Change +0.91% +6.72% -0.27% n/a n/a
Avg Bedrooms 2.76 beds 2.75 beds 2.77 beds 2.86 beds n/a
Avg Bathrooms 2.41 baths 2.44 baths 2.36 baths 2.32 baths n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 238 $418,304 47 days
Distressed Homes 220 $423,752 46 days
Multi-Million Dollar Homes 8 $1,686,999 94 days
Newly Built Homes 5 $671,498 90 days
Homes with a Pool 25 $282,407 41 days
Reduced Price Homes 14 $405,867 36 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

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