Farmington Hills Market Report
$463,822
AVERAGE PRICE OF 165 HOMES$451,508
AVERAGE PRICE OF 154 DISTRESSED HOMES$1,880,000
AVERAGE PRICE OF 8 MULTI-MILLION DOLLAR HOMES$1,195,136
AVERAGE PRICE OF 8 NEWLY BUILT HOMES$310,218
AVERAGE PRICE OF 11 HOMES WITH A POOL$492,475
AVERAGE PRICE OF 4 REDUCED PRICE HOMESAverage Home
| Average Price | $463,822 |
| Avg Bedrooms | 2.73 beds |
| Avg Bathrooms | 2.51 baths |
Average Price by Bedrooms
| 1 bedroom | $126,000 |
| 2 bedrooms | $268,069 |
| 3 bedrooms | $386,911 |
| 4 bedrooms | $554,101 |
| 5 bedrooms | $854,570 |
Farmington Hills Home Price Trends
| 2/2025 | 1/2025 | 12/2024 | 11/2024 | 10/2024 | |
|---|---|---|---|---|---|
| Total Listings | 164 | 159 | 173 | 208 | 242 |
| Average Price | $441,121 | $419,236 | $421,159 | $431,090 | $427,209 |
| Avg Price Change | +5.22% | -0.46% | -2.36% | +0.91% | +2.17% |
| Median Price | $350,230 | $346,291 | $354,447 | $370,643 | $374,150 |
| Med Price Change | +1.14% | -2.36% | -4.57% | -0.95% | -1.29% |
| Avg Bedrooms | 2.73 beds | 2.79 beds | 2.77 beds | 2.85 beds | 2.8 beds |
| Avg Bathrooms | 2.32 baths | 2.34 baths | 2.3 baths | 2.4 baths | 2.44 baths |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 165 | $463,822 | 83 days |
| Distressed Homes | 154 | $451,508 | 83 days |
| Multi-Million Dollar Homes | 8 | $1,880,000 | 87 days |
| Newly Built Homes | 8 | $1,195,136 | 84 days |
| Homes with a Pool | 11 | $310,218 | 40 days |
| Reduced Price Homes | 4 | $492,475 | 60 days |
