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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

$379,212

AVERAGE PRICE OF 154 HOMES

$1,516,600

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$679,505

AVERAGE PRICE OF 22 NEWLY BUILT HOMES

$195,049

AVERAGE PRICE OF 18 HOMES WITH A POOL

$610,966

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $379,212
Avg Bedrooms 3.18 beds
Avg Bathrooms 2.06 baths

Average Price by Bedrooms

1 bedroom $118,366
2 bedrooms $240,390
3 bedrooms $327,418
4 bedrooms $479,251
5 bedrooms $787,210
Farmington Hills Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 145 165 200 224 243
Average Price $383,741 $386,588 $383,108 $393,131 $395,592
Avg Price Change -0.74% +0.91% -2.62% -0.63% +4.43%
Median Price $327,780 $336,818 $344,890 $350,773 $355,610
Med Price Change -2.76% -2.40% -1.71% -1.38% +0.85%
Avg Bedrooms 3.22 beds 3.2 beds 3.23 beds 3.28 beds 3.35 beds
Avg Bathrooms 2.13 baths 2.14 baths 2.12 baths 2.17 baths 2.2 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 154 $379,212 76 days
Multi-Million Dollar Homes 3 $1,516,600 288 days
Newly Built Homes 22 $679,505 99 days
Homes with a Pool 18 $195,049 45 days
Reduced Price Homes 6 $610,966 40 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

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