If you need assistance, please call 248-274-6614

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

$432,296

AVERAGE PRICE OF 230 HOMES

$434,665

AVERAGE PRICE OF 210 DISTRESSED HOMES

$1,778,284

AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

$721,998

AVERAGE PRICE OF 5 NEWLY BUILT HOMES

$323,846

AVERAGE PRICE OF 28 HOMES WITH A POOL

$501,186

AVERAGE PRICE OF 15 REDUCED PRICE HOMES

Average Home

Average Price $432,296
Avg Bedrooms 2.73 beds
Avg Bathrooms 2.43 baths

Average Price by Bedrooms

1 bedroom $125,479
2 bedrooms $263,399
3 bedrooms $379,196
4 bedrooms $558,791
5 bedrooms $594,215
Farmington Hills Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 206 198 n/a n/a n/a
Average Price $402,091 $403,411 n/a n/a n/a
Avg Price Change -0.33% n/a n/a n/a n/a
Median Price $352,754 $353,712 n/a n/a n/a
Med Price Change -0.27% n/a n/a n/a n/a
Avg Bedrooms 2.77 beds 2.86 beds n/a n/a n/a
Avg Bathrooms 2.36 baths 2.32 baths n/a n/a n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 230 $432,296 37 days
Distressed Homes 210 $434,665 37 days
Multi-Million Dollar Homes 7 $1,778,284 67 days
Newly Built Homes 5 $721,998 64 days
Homes with a Pool 28 $323,846 30 days
Reduced Price Homes 15 $501,186 43 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. .IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Provided through IDX through Realcomp II Ltd. Courtesy of Bellabay Realty Caledonia - PRO PLUS - Mike Balsitis - findwestmichiganhouses.com. Copyright 2024 Realcomp II Ltd. Shareholders
This site powered by CINC: www.cincpro.com