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Farmington Hills Market Report

$376,514

AVERAGE PRICE OF 155 HOMES

$1,516,600

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$679,505

AVERAGE PRICE OF 22 NEWLY BUILT HOMES

$194,087

AVERAGE PRICE OF 17 HOMES WITH A POOL

$555,185

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $376,514
Avg Bedrooms 3.16 beds
Avg Bathrooms 2.05 baths

Average Price by Bedrooms

1 bedroom $119,211
2 bedrooms $234,252
3 bedrooms $327,879
4 bedrooms $479,189
5 bedrooms $787,210
Farmington Hills Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 145 165 200 224 243
Average Price $383,741 $386,588 $383,108 $393,131 $395,592
Avg Price Change -0.74% +0.91% -2.62% -0.63% +4.43%
Median Price $327,780 $336,818 $344,890 $350,773 $355,610
Med Price Change -2.76% -2.40% -1.71% -1.38% +0.85%
Avg Bedrooms 3.22 beds 3.2 beds 3.23 beds 3.28 beds 3.35 beds
Avg Bathrooms 2.13 baths 2.14 baths 2.12 baths 2.17 baths 2.2 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 155 $376,514 75 days
Multi-Million Dollar Homes 3 $1,516,600 289 days
Newly Built Homes 22 $679,505 100 days
Homes with a Pool 17 $194,087 47 days
Reduced Price Homes 7 $555,185 39 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

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