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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

$363,858

AVERAGE PRICE OF 268 HOMES

$1,336,980

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$816,983

AVERAGE PRICE OF 6 NEWLY BUILT HOMES

$250,730

AVERAGE PRICE OF 35 HOMES WITH A POOL

$339,427

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $363,858
Avg Bedrooms 3.33 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

1 bedroom $96,400
2 bedrooms $206,088
3 bedrooms $313,897
4 bedrooms $433,009
5 bedrooms $664,846
Farmington Hills Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 289 270 245 201 168
Average Price $352,395 $359,444 $356,931 $351,962 $353,577
Avg Price Change -2.00% +0.70% +1.41% -0.46% -1.03%
Median Price $314,265 $327,844 $325,848 $314,058 $316,782
Med Price Change -4.32% +0.61% +3.75% -0.87% -3.77%
Avg Bedrooms 3.3 beds 3.33 beds 3.33 beds 3.28 beds 3.34 beds
Avg Bathrooms 2.19 baths 2.18 baths 2.18 baths 2.19 baths 2.2 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 268 $363,858 44 days
Multi-Million Dollar Homes 5 $1,336,980 71 days
Newly Built Homes 6 $816,983 166 days
Homes with a Pool 35 $250,730 38 days
Reduced Price Homes 11 $339,427 50 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

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