Farmington Hills Market Report
$410,039
AVERAGE PRICE OF 240 HOMES$412,917
AVERAGE PRICE OF 222 DISTRESSED HOMES$1,613,856
AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES$671,498
AVERAGE PRICE OF 5 NEWLY BUILT HOMES$280,199
AVERAGE PRICE OF 26 HOMES WITH A POOL$374,053
AVERAGE PRICE OF 11 REDUCED PRICE HOMESAverage Home
| Average Price | $410,039 |
| Avg Bedrooms | 2.73 beds |
| Avg Bathrooms | 2.36 baths |
Average Price by Bedrooms
| 1 bedroom | $119,038 |
| 2 bedrooms | $255,313 |
| 3 bedrooms | $398,074 |
| 4 bedrooms | $478,183 |
| 5 bedrooms | $580,528 |
Farmington Hills Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 235 | 224 | 206 | 198 | n/a |
| Average Price | $427,087 | $433,506 | $402,091 | $403,411 | n/a |
| Avg Price Change | -1.50% | +7.81% | -0.33% | n/a | n/a |
| Median Price | $379,888 | $376,453 | $352,754 | $353,712 | n/a |
| Med Price Change | +0.91% | +6.72% | -0.27% | n/a | n/a |
| Avg Bedrooms | 2.76 beds | 2.75 beds | 2.77 beds | 2.86 beds | n/a |
| Avg Bathrooms | 2.41 baths | 2.44 baths | 2.36 baths | 2.32 baths | n/a |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 240 | $410,039 | 46 days |
| Distressed Homes | 222 | $412,917 | 45 days |
| Multi-Million Dollar Homes | 7 | $1,613,856 | 105 days |
| Newly Built Homes | 5 | $671,498 | 88 days |
| Homes with a Pool | 26 | $280,199 | 41 days |
| Reduced Price Homes | 11 | $374,053 | 32 days |
