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Farmington Hills Market Report

$349,014

AVERAGE PRICE OF 316 HOMES

$1,499,900

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$718,677

AVERAGE PRICE OF 18 NEWLY BUILT HOMES

$280,539

AVERAGE PRICE OF 38 HOMES WITH A POOL

$289,000

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $349,014
Avg Bedrooms 3.41 beds
Avg Bathrooms 2.58 baths

Average Price by Bedrooms

1 bedroom $78,933
2 bedrooms $180,892
3 bedrooms $271,488
4 bedrooms $427,078
5 bedrooms $624,823
Farmington Hills Home Price Trends
  2/2021 1/2021 12/2020 11/2020 10/2020
Total Listings 146 327 412 508 573
Average Price $332,134 $315,195 $317,170 $312,784 $313,500
Avg Price Change +5.37% -0.63% +1.40% -0.23% -2.65%
Median Price $305,403 $292,545 $295,300 $288,830 $297,169
Med Price Change +4.40% -0.94% +2.24% -2.89% -4.51%
Avg Bedrooms 3.28 beds 3.24 beds 3.32 beds 3.35 beds 3.38 beds
Avg Bathrooms 2.24 baths 2.54 baths 2.53 baths 2.5 baths 2.52 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 316 $349,014 71 days
Multi-Million Dollar Homes 2 $1,499,900 243 days
Newly Built Homes 18 $718,677 128 days
Homes with a Pool 38 $280,539 36 days
Reduced Price Homes 2 $289,000 31 days
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