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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

$385,614

AVERAGE PRICE OF 187 HOMES

$1,485,950

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$713,624

AVERAGE PRICE OF 15 NEWLY BUILT HOMES

$243,617

AVERAGE PRICE OF 23 HOMES WITH A POOL

$339,298

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $385,614
Avg Bedrooms 3.21 beds
Avg Bathrooms 2.15 baths

Average Price by Bedrooms

1 bedroom $113,880
2 bedrooms $218,399
3 bedrooms $364,877
4 bedrooms $460,104
5 bedrooms $758,532
Farmington Hills Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 200 224 243 272 267
Average Price $383,108 $393,131 $395,592 $378,814 $372,052
Avg Price Change -2.62% -0.63% +4.43% +1.82% n/a
Median Price $344,890 $350,773 $355,610 $352,625 $348,860
Med Price Change -1.71% -1.38% +0.85% +1.08% n/a
Avg Bedrooms 3.23 beds 3.28 beds 3.35 beds 3.3 beds 3.31 beds
Avg Bathrooms 2.12 baths 2.17 baths 2.2 baths 2.14 baths 2.14 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 187 $385,614 74 days
Multi-Million Dollar Homes 4 $1,485,950 178 days
Newly Built Homes 15 $713,624 102 days
Homes with a Pool 23 $243,617 53 days
Reduced Price Homes 9 $339,298 35 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

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