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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

$363,267

AVERAGE PRICE OF 181 HOMES

$1,344,960

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$879,560

AVERAGE PRICE OF 5 NEWLY BUILT HOMES

$257,383

AVERAGE PRICE OF 24 HOMES WITH A POOL

$291,950

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $363,267
Avg Bedrooms 3.29 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

1 bedroom $127,400
2 bedrooms $183,350
3 bedrooms $295,471
4 bedrooms $458,869
5 bedrooms $723,400
Farmington Hills Home Price Trends
  11/2021 10/2021 9/2021 8/2021 7/2021
Total Listings n/a 262 266 289 270
Average Price n/a $359,552 $359,355 $352,395 $359,444
Avg Price Change n/a +0.05% +1.98% -2.00% +0.70%
Median Price n/a $325,462 $321,196 $314,265 $327,844
Med Price Change n/a +1.33% +2.21% -4.32% +0.61%
Avg Bedrooms n/a 3.33 beds 3.31 beds 3.3 beds 3.33 beds
Avg Bathrooms n/a 2.21 baths 2.19 baths 2.19 baths 2.18 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 181 $363,267 63 days
Multi-Million Dollar Homes 5 $1,344,960 132 days
Newly Built Homes 5 $879,560 213 days
Homes with a Pool 24 $257,383 46 days
Reduced Price Homes 4 $291,950 40 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

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