Farmington Hills Market Report
$355,392
AVERAGE PRICE OF 482 HOMES$1,531,225
AVERAGE PRICE OF 8 MULTI-MILLION DOLLAR HOMES$719,528
AVERAGE PRICE OF 14 NEWLY BUILT HOMES$255,355
AVERAGE PRICE OF 70 HOMES WITH A POOL$379,971
AVERAGE PRICE OF 14 REDUCED PRICE HOMESAverage Home
| Average Price | $355,392 |
| Avg Bedrooms | 3.33 beds |
| Avg Bathrooms | 2.52 baths |
Average Price by Bedrooms
| 1 bedroom | $96,862 |
| 2 bedrooms | $213,286 |
| 3 bedrooms | $284,631 |
| 4 bedrooms | $423,410 |
| 5 bedrooms | $764,130 |
Farmington Hills Home Price Trends
| 5/2021 | 4/2021 | 3/2021 | 2/2021 | 1/2021 | |
|---|---|---|---|---|---|
| Total Listings | 398 | 334 | 325 | 146 | 327 |
| Average Price | $350,746 | $353,101 | $356,242 | $332,134 | $315,195 |
| Avg Price Change | -0.67% | -0.89% | +7.26% | +5.37% | -0.63% |
| Median Price | $313,003 | $317,324 | $327,920 | $305,403 | $292,545 |
| Med Price Change | -1.38% | -3.34% | +7.37% | +4.40% | -0.94% |
| Avg Bedrooms | 3.27 beds | 3.34 beds | 3.43 beds | 3.28 beds | 3.24 beds |
| Avg Bathrooms | 2.53 baths | 2.54 baths | 2.59 baths | 2.24 baths | 2.54 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 482 | $355,392 | 41 days |
| Multi-Million Dollar Homes | 8 | $1,531,225 | 48 days |
| Newly Built Homes | 14 | $719,528 | 106 days |
| Homes with a Pool | 70 | $255,355 | 26 days |
| Reduced Price Homes | 14 | $379,971 | 32 days |
