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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

$409,746

AVERAGE PRICE OF 163 HOMES

$400,325

AVERAGE PRICE OF 146 DISTRESSED HOMES

$2,080,000

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$707,696

AVERAGE PRICE OF 3 NEWLY BUILT HOMES

$253,514

AVERAGE PRICE OF 14 HOMES WITH A POOL

$289,577

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $409,746
Avg Bedrooms 2.81 beds
Avg Bathrooms 2.33 baths

Average Price by Bedrooms

1 bedroom $122,511
2 bedrooms $239,944
3 bedrooms $372,869
4 bedrooms $434,629
5 bedrooms $613,744
Farmington Hills Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 173 208 242 239 235
Average Price $421,159 $431,090 $427,209 $418,115 $427,087
Avg Price Change -2.36% +0.91% +2.17% -2.15% -1.50%
Median Price $354,447 $370,643 $374,150 $378,992 $379,888
Med Price Change -4.57% -0.95% -1.29% -0.24% +0.91%
Avg Bedrooms 2.77 beds 2.85 beds 2.8 beds 2.77 beds 2.76 beds
Avg Bathrooms 2.3 baths 2.4 baths 2.44 baths 2.41 baths 2.41 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 163 $409,746 85 days
Distressed Homes 146 $400,325 85 days
Multi-Million Dollar Homes 5 $2,080,000 176 days
Newly Built Homes 3 $707,696 118 days
Homes with a Pool 14 $253,514 40 days
Reduced Price Homes 9 $289,577 69 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

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