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Farmington Hills Market Report

$369,363

AVERAGE PRICE OF 171 HOMES

$1,358,400

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$828,863

AVERAGE PRICE OF 11 NEWLY BUILT HOMES

$253,810

AVERAGE PRICE OF 20 HOMES WITH A POOL

$264,900

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $369,363
Avg Bedrooms 3.2 beds
Avg Bathrooms 2.15 baths

Average Price by Bedrooms

1 bedroom $131,960
2 bedrooms $186,610
3 bedrooms $360,422
4 bedrooms $448,425
5 bedrooms $628,400
Farmington Hills Home Price Trends
  4/2022 3/2022 2/2022 1/2022 12/2021
Total Listings n/a 138 123 130 166
Average Price n/a $356,084 $344,292 $344,497 $358,277
Avg Price Change n/a +3.42% -0.06% -4.00% n/a
Median Price n/a $298,758 $295,778 $290,851 $305,441
Med Price Change n/a +1.01% +1.69% -5.02% n/a
Avg Bedrooms n/a 3.14 beds 3.09 beds 3.16 beds 3.25 beds
Avg Bathrooms n/a 2.07 baths 2.08 baths 2.15 baths 2.19 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 171 $369,363 48 days
Multi-Million Dollar Homes 4 $1,358,400 59 days
Newly Built Homes 11 $828,863 46 days
Homes with a Pool 20 $253,810 49 days
Reduced Price Homes 1 $264,900 49 days
Century 21 Row
Paul Wolfert
6611 Commerce Road
West Bloomfield, MI 48324
734-743-1482

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