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Farmington Hills

Why you'd want to live in Farmington Hills

Farmington Hills is located in Southeastern Michigan in Oakland County. It's recognized as an upscale suburb of the city of Detroit. Oakland is the most prosperous county in the state and one of the most prosperous in the country. It has a reputation for excellent schools and has numerous recreational programs for citizens of all ages. Situated in a major automotive region and Automation Alley, Farmington Hills is home to a large number of manufacturing research, engineering and design companies. Numerous major corporations are located in the city including Robert Bosch Corporation, Allstate Insurance, Alcoa, Nissan, Gale, Daimler Chrysler, Cingular Wireless, Motorola and many others.

Farmington Hills Market Report

$429,583

AVERAGE PRICE OF 166 HOMES

$414,128

AVERAGE PRICE OF 155 DISTRESSED HOMES

$1,799,625

AVERAGE PRICE OF 8 MULTI-MILLION DOLLAR HOMES

$978,818

AVERAGE PRICE OF 5 NEWLY BUILT HOMES

$249,284

AVERAGE PRICE OF 13 HOMES WITH A POOL

$465,466

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $429,583
Avg Bedrooms 2.69 beds
Avg Bathrooms 2.28 baths

Average Price by Bedrooms

1 bedroom $129,966
2 bedrooms $251,572
3 bedrooms $363,234
4 bedrooms $487,124
5 bedrooms $695,881
Farmington Hills Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 159 173 208 242 239
Average Price $419,236 $421,159 $431,090 $427,209 $418,115
Avg Price Change -0.46% -2.36% +0.91% +2.17% -2.15%
Median Price $346,291 $354,447 $370,643 $374,150 $378,992
Med Price Change -2.36% -4.57% -0.95% -1.29% -0.24%
Avg Bedrooms 2.79 beds 2.77 beds 2.85 beds 2.8 beds 2.77 beds
Avg Bathrooms 2.34 baths 2.3 baths 2.4 baths 2.44 baths 2.41 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 166 $429,583 80 days
Distressed Homes 155 $414,128 79 days
Multi-Million Dollar Homes 8 $1,799,625 135 days
Newly Built Homes 5 $978,818 96 days
Homes with a Pool 13 $249,284 30 days
Reduced Price Homes 6 $465,466 95 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

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