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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 HOMES

Average 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
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