Farmington Hills Market Report
$420,548
AVERAGE PRICE OF 406 HOMES$415,765
AVERAGE PRICE OF 196 DISTRESSED HOMES$1,926,899
AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES$922,436
AVERAGE PRICE OF 11 NEWLY BUILT HOMES$299,803
AVERAGE PRICE OF 42 HOMES WITH A POOL$306,098
AVERAGE PRICE OF 15 REDUCED PRICE HOMESAverage Home
| Average Price | $420,548 |
| Avg Bedrooms | 2.73 beds |
| Avg Bathrooms | 2.49 baths |
Average Price by Bedrooms
| 1 bedroom | $117,023 |
| 2 bedrooms | $249,610 |
| 3 bedrooms | $383,169 |
| 4 bedrooms | $539,202 |
| 5 bedrooms | $557,995 |
Farmington Hills Home Price Trends
| 3/2025 | 2/2025 | 1/2025 | 12/2024 | 11/2024 | |
|---|---|---|---|---|---|
| Total Listings | 329 | 315 | 299 | 325 | 395 |
| Average Price | $443,321 | $424,739 | $408,492 | $412,903 | $425,857 |
| Avg Price Change | +4.37% | +3.98% | -1.08% | -3.14% | +0.74% |
| Median Price | $360,475 | $346,074 | $341,956 | $353,161 | $366,827 |
| Med Price Change | +4.16% | +1.20% | -3.28% | -3.87% | -0.61% |
| Avg Bedrooms | 2.67 beds | 2.68 beds | 2.75 beds | 2.74 beds | 2.8 beds |
| Avg Bathrooms | 2.43 baths | 2.3 baths | 2.31 baths | 2.27 baths | 2.36 baths |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 406 | $420,548 | 61 days |
| Distressed Homes | 196 | $415,765 | 129 days |
| Multi-Million Dollar Homes | 10 | $1,926,899 | 112 days |
| Newly Built Homes | 11 | $922,436 | 62 days |
| Homes with a Pool | 42 | $299,803 | 33 days |
| Reduced Price Homes | 15 | $306,098 | 64 days |
