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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

$372,301

AVERAGE PRICE OF 277 HOMES

$1,419,139

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$792,132

AVERAGE PRICE OF 12 NEWLY BUILT HOMES

$260,638

AVERAGE PRICE OF 36 HOMES WITH A POOL

$371,391

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

Average Home

Average Price $372,301
Avg Bedrooms 3.26 beds
Avg Bathrooms 2.11 baths

Average Price by Bedrooms

1 bedroom $115,410
2 bedrooms $209,497
3 bedrooms $335,604
4 bedrooms $451,231
5 bedrooms $734,125
Farmington Hills Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 267 n/a n/a n/a 138
Average Price $372,052 n/a n/a n/a $356,084
Avg Price Change n/a n/a n/a n/a +3.42%
Median Price $348,860 n/a n/a n/a $298,758
Med Price Change n/a n/a n/a n/a +1.01%
Avg Bedrooms 3.31 beds n/a n/a n/a 3.14 beds
Avg Bathrooms 2.14 baths n/a n/a n/a 2.07 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 277 $372,301 49 days
Multi-Million Dollar Homes 5 $1,419,139 116 days
Newly Built Homes 12 $792,132 104 days
Homes with a Pool 36 $260,638 41 days
Reduced Price Homes 12 $371,391 80 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

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