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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

$427,703

AVERAGE PRICE OF 234 HOMES

$422,660

AVERAGE PRICE OF 211 DISTRESSED HOMES

$1,762,124

AVERAGE PRICE OF 8 MULTI-MILLION DOLLAR HOMES

$881,298

AVERAGE PRICE OF 5 NEWLY BUILT HOMES

$314,695

AVERAGE PRICE OF 21 HOMES WITH A POOL

$511,469

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $427,703
Avg Bedrooms 2.83 beds
Avg Bathrooms 2.41 baths

Average Price by Bedrooms

1 bedroom $130,245
2 bedrooms $262,374
3 bedrooms $384,467
4 bedrooms $465,677
5 bedrooms $537,066
Farmington Hills Home Price Trends
  10/2024 9/2024 8/2024 7/2024 6/2024
Total Listings 242 239 235 224 206
Average Price $427,209 $418,115 $427,087 $433,506 $402,091
Avg Price Change +2.17% -2.15% -1.50% +7.81% -0.33%
Median Price $374,150 $378,992 $379,888 $376,453 $352,754
Med Price Change -1.29% -0.24% +0.91% +6.72% -0.27%
Avg Bedrooms 2.8 beds 2.77 beds 2.76 beds 2.75 beds 2.77 beds
Avg Bathrooms 2.44 baths 2.41 baths 2.41 baths 2.44 baths 2.36 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 234 $427,703 66 days
Distressed Homes 211 $422,660 65 days
Multi-Million Dollar Homes 8 $1,762,124 133 days
Newly Built Homes 5 $881,298 127 days
Homes with a Pool 21 $314,695 67 days
Reduced Price Homes 10 $511,469 63 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

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