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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

$360,140

AVERAGE PRICE OF 198 HOMES

$1,344,960

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$879,560

AVERAGE PRICE OF 5 NEWLY BUILT HOMES

$256,580

AVERAGE PRICE OF 26 HOMES WITH A POOL

$424,900

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $360,140
Avg Bedrooms 3.29 beds
Avg Bathrooms 2.2 baths

Average Price by Bedrooms

1 bedroom $127,400
2 bedrooms $179,075
3 bedrooms $299,285
4 bedrooms $449,625
5 bedrooms $723,764
Farmington Hills Home Price Trends
  10/2021 9/2021 8/2021 7/2021 6/2021
Total Listings 262 266 289 270 245
Average Price $359,552 $359,355 $352,395 $359,444 $356,931
Avg Price Change +0.05% +1.98% -2.00% +0.70% +1.41%
Median Price $325,462 $321,196 $314,265 $327,844 $325,848
Med Price Change +1.33% +2.21% -4.32% +0.61% +3.75%
Avg Bedrooms 3.33 beds 3.31 beds 3.3 beds 3.33 beds 3.33 beds
Avg Bathrooms 2.21 baths 2.19 baths 2.19 baths 2.18 baths 2.18 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 198 $360,140 61 days
Multi-Million Dollar Homes 5 $1,344,960 125 days
Newly Built Homes 5 $879,560 206 days
Homes with a Pool 26 $256,580 48 days
Reduced Price Homes 1 $424,900 93 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

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