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Sarah Mitchell

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Compass Real Estate · Farmington Hills, MI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Farmington Hills, MI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Farmington Hills, MI Housing Market & Real Estate

Strong seller's market+4.3% YoY

Housing market overview · Updated monthly ·

$420,000median sale price

How is the Farmington Hills, MI housing market right now?

The median home sale price in Farmington Hills, MI is $420,000, up 4.3% year-over-year. Homes sell in an average of 13 days with 147 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Farmington Hills a buyer's or seller's market?

Strong seller's market2.3 months of supply13 avg. days on market

Farmington Hills, MI is currently a strong seller's market, based on 2.3 months of supply and homes selling in about 13 days. How we determine this →

Homes sold

63

Last 12 weeks

Days on market

13

Fast-moving

Active listings

147

2.3 months supply

Sale-to-list

101.6%

Above asking

What does the Farmington Hills housing market data show?

Current housing market statistics for Farmington Hills, MI
MetricValue
Median sale price$420,000
Median list price$419,900
Year-over-year price change+4.3%
Average days on market13 days
Active inventory147 listings
Months of supply2.3 months
Sale-to-list price ratio101.6%
Median price per sq ft$185/sq ft
Homes sold (latest month)63
New listings (latest month)107
Listings with a price cut27.9%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Farmington Hills by property type?

How the Farmington Hills, MI market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Farmington Hills, MI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$432,500$186/sq ft5010 days
Condo / Co-op$331,000$166/sq ft1332 days

Source: Redfin · Updated monthly

The Farmington Hills housing market is currently classified as a strong seller's market with a median sale price of $420,000. Prices have risen 4.3% compared to last year, with homes spending an average of 13 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.9x provides context for how home values compare to local earning capacity.

Homes for sale in Farmington Hills

There are currently 147 homes listed for sale in Farmington Hills, Michigan. The median listing price is $420K. Featured listings range from $175,000 to $1,150,000.

4 bedroom house for sale at 23056 Springbrook Dr Farmington Hills 48336 - $175,000
New Listing
15
$175,000

23056 Springbrook Dr

Farmington Hills, MI 48336

4 bd2 ba2,496 sqft$70/ft²
House12,632 sqft lot

Keller Williams Advantage

View photos & details
land for sale at 22335 Diamond Ct Farmington Hills 48335 - $210,000
New Listing
19
$210,000

22335 Diamond Ct

Farmington Hills, MI 48335

Land33,977 sqft lot

Keller Williams Legacy

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3 bedroom house for sale at 23268 Cora Ave Farmington Hills 48336 - $249,900
New Listing
25
$249,900

23268 Cora Ave

Farmington Hills, MI 48336

3 bd2 ba1,252 sqft$200/ft²
House8,276 sqft lot

Benny Offer · Keller Williams Realty Lakeside

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3 bedroom house for sale at 22723 Middlebelt Rd Farmington Hills 48336 - $250,000
New Listing
41
$250,000

22723 Middlebelt Rd

Farmington Hills, MI 48336

3 bd1 ba1,320 sqft$189/ft²
House3,920 sqft lot

Good Company

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3 bedroom house for sale at 22160 Averhill St Farmington Hills 48336 - $259,900
New Listing
15
$259,900

22160 Averhill St

Farmington Hills, MI 48336

3 bd2 ba1,572 sqft$165/ft²
House15,682 sqft lot

Keller Williams Home

View photos & details
3 bedroom house for sale at 30110 Fink Ave Farmington Hills 48336 - $280,000
New Listing
40
$280,000

30110 Fink Ave

Farmington Hills, MI 48336

3 bd1 ba1,050 sqft$267/ft²
House8,712 sqft lot

NextHome Statewide Real Estate

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4 bedroom house for sale at 36445 Quakertown Ln Farmington Hills 48331 - $339,900
New Listing
30
$339,900

36445 Quakertown Ln

Farmington Hills, MI 48331

4 bd2 ba1,247 sqft$273/ft²
House20,038 sqft lot

EXP Realty

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3 bedroom condo for sale at 36567 Martel Ct Farmington Hills 48335 - $370,000
New Listing
49
$370,000

36567 Martel Ct

Farmington Hills, MI 48335

3 bd3 ba1,714 sqft$216/ft²
Condo

EXP Realty The Perna Team

View photos & details
4 bedroom house for sale at 32319 Nottingwood St Farmington Hills 48334 - $420,000
New Listing
27
$420,000

32319 Nottingwood St

Farmington Hills, MI 48334

4 bd2 ba2,301 sqft$183/ft²
House15,246 sqft lot

RE/MAX Dream Properties

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4 bedroom house for sale at 22677 Shadowglen Dr Farmington Hills 48335 - $525,000
New Listing
43
$525,000

22677 Shadowglen Dr

Farmington Hills, MI 48335

4 bd2 ba2,522 sqft$208/ft²
House10,890 sqft lot

Real Estate One-WB/FH

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4 bedroom house for sale at 25339 Crown Point Ct Farmington Hills 48335 - $530,000
New Listing
75
$530,000

25339 Crown Point Ct

Farmington Hills, MI 48335

4 bd2 ba3,535 sqft$150/ft²
House10,890 sqft lot

Real Estate One-Northville

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4 bedroom house for sale at 21480 Lujon Ct Farmington Hills 48167 - $1,150,000
New Listing
88
$1,150,000

21480 Lujon Ct

Farmington Hills, MI 48167

4 bd4 ba4,057 sqft$283/ft²
House16,988 sqft lot

Got Key'D Realty

View photos & details

Looking to buy in Farmington Hills?

Get connected with a local real estate expert — free, no obligation.

Active listings

147

Homes on market

Median list price

$420K

Avg. days on market

13

Days until sale

New this week

107

Newly listed

Price drops:27.9%of listings
Sale-to-list:101.6%

Who lives in Farmington Hills?

Population

83,316

Median income

$101,863/yr

Median age

41.4 years

Owner-occupied

64.0%

College grads

58.0%

Avg commute

24.5 min

Source: U.S. Census Bureau ACS

What are homes worth in Farmington Hills?

Zillow home value

$398,912

Zillow rent index

$1,435/mo

Price-to-rent ratio

23.2x

Price-to-income

3.9x

Source: Zillow Research

What is it like to live in Farmington Hills?

Farmington Hills is a community of approximately 83K residents with a median age of 41.4 years.The median household income is $101,863, which reflects a relatively affluent area with strong earning potential. 58.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 64.0%, showing a blend of owner and renter-occupied properties. The average commute time is 24.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Farmington Hills offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Farmington Hills?

13 schools tracked · 6,725 students

The largest public schools serving Farmington Hills, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

North Farmington High School

Grades 9-12 · 1,229 students

Public

Farmington STEAM Academy

Grades K-8 · 722 students

Public

Hillside Elementary School

Grades K-5 · 636 students

Public

Power Middle School

Grades 6-8 · 617 students

Public

Warner Middle School

Grades 6-8 · 543 students

Public

East Middle School

Grades 6-8 · 540 students

Public

JA Lanigan Elementary School

Grades K-5 · 487 students

Public

Wood Creek Elementary School

Grades K-5 · 429 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Farmington Hills, MI?

Want a head-to-head view? Compare Farmington Hills side-by-side with any other U.S. city using our market-comparison tool.

Which ZIP codes are in Farmington Hills?

Is Farmington Hills a good real estate investment market?

For investors evaluating Farmington Hills, the price-to-rent ratio of 23.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 4.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Farmington Hills's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Farmington Hills's median home price.

Frequently asked questions

What is the average home price in Farmington Hills?

The median home sale price in Farmington Hills is $420,000, up 4.3% from last year.

How long do homes stay on market in Farmington Hills?

Homes typically spend 13 days on market before going under contract.

What is the median income in Farmington Hills?

The median household income is $101,863 per year.

Is Farmington Hills a buyer's or seller's market?

With 2.3 months of supply, Farmington Hills is currently a strong seller's market.

How many homes are for sale in Farmington Hills?

There are currently 147 homes listed for sale in Farmington Hills, MI.

What is the Zillow home value estimate for Farmington Hills?

The Zillow Home Value Index (ZHVI) for Farmington Hills is $398,912, representing the typical home value in the area.

What is the median condo price in Farmington Hills?

The median condo/co-op sale price in Farmington Hills, MI is $331,000, compared to $432,500 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Farmington Hills?

The median single-family home price in Farmington Hills, MI is $432,500 (about $186 per square foot).

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