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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

$415,640

AVERAGE PRICE OF 178 HOMES

$407,152

AVERAGE PRICE OF 161 DISTRESSED HOMES

$2,080,000

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$707,566

AVERAGE PRICE OF 3 NEWLY BUILT HOMES

$274,978

AVERAGE PRICE OF 14 HOMES WITH A POOL

$323,397

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $415,640
Avg Bedrooms 2.78 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom $125,036
2 bedrooms $234,738
3 bedrooms $371,579
4 bedrooms $452,510
5 bedrooms $648,099
Farmington Hills Home Price Trends
  11/2024 10/2024 9/2024 8/2024 7/2024
Total Listings 208 242 239 235 224
Average Price $431,090 $427,209 $418,115 $427,087 $433,506
Avg Price Change +0.91% +2.17% -2.15% -1.50% +7.81%
Median Price $370,643 $374,150 $378,992 $379,888 $376,453
Med Price Change -0.95% -1.29% -0.24% +0.91% +6.72%
Avg Bedrooms 2.85 beds 2.8 beds 2.77 beds 2.76 beds 2.75 beds
Avg Bathrooms 2.4 baths 2.44 baths 2.41 baths 2.41 baths 2.44 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 178 $415,640 77 days
Distressed Homes 161 $407,152 77 days
Multi-Million Dollar Homes 5 $2,080,000 143 days
Newly Built Homes 3 $707,566 85 days
Homes with a Pool 14 $274,978 31 days
Reduced Price Homes 8 $323,397 55 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

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