Farmington Hills, MI Housing Market & Real Estate

Balanced market+4.9% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Farmington Hills, MI is $361,500, up 4.9% year-over-year. Homes sell in an average of 38 days with 114 active listings. The market is currently a balanced market.

$361,500median sale price

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

Balanced market3.6 months of supply38 avg. days on market

Farmington Hills, MI is currently a balanced market, based on 3.6 months of supply and homes selling in about 38 days. How we determine this →

Homes sold

32

Last 12 weeks

Days on market

38

Average pace

Active listings

114

3.6 months supply

Sale-to-list

98.7%

Below asking

Farmington Hills, MI market data

Current housing market statistics for Farmington Hills, MI
MetricValue
Median sale price$361,500
Median list price$372,450
Year-over-year price change+4.9%
Average days on market38 days
Active inventory114 listings
Months of supply3.6 months
Sale-to-list price ratio98.7%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Farmington Hills housing market is currently classified as a balanced market with a median sale price of $361,500. Prices have risen 4.9% compared to last year, with homes spending an average of 38 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Farmington Hills

There are currently 114 homes listed for sale in Farmington Hills, Michigan. The median listing price is $372K. 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
House12,632 sqft lot
Est. $305KSold 2023 for $150K

Keller Williams Advantage

More about this property
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
Est. $804KSold 2015 for $175K

Keller Williams Legacy

More about this property
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
House8,276 sqft lot

Benny Offer · Keller Williams Realty Lakeside

More about this property
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
House3,920 sqft lot
Est. $255KSold 1995 for $90K

Good Company

More about this property
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
House15,682 sqft lot
Est. $286KSold 2006 for $145K

Keller Williams Home

More about this property
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
House8,712 sqft lot
Sold 2016 for $156K

NextHome Statewide Real Estate

More about this property
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
House20,038 sqft lot
Est. $415K

EXP Realty

More about this property
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
Condo
Est. $305KSold 2006 for $262K

EXP Realty The Perna Team

More about this property
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
House15,246 sqft lot
Est. $402KSold 2024 for $385K

RE/MAX Dream Properties

More about this property
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
House10,890 sqft lot
Est. $501KSold 2023 for $455K

Real Estate One-WB/FH

More about this property
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
House10,890 sqft lot
Est. $504K

Real Estate One-Northville

More about this property
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
House16,988 sqft lot
Est. $1.1MSold 2024 for $900K

Got Key'D Realty

More about this property

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Active listings

114

Homes on market

Median list price

$372K

Avg. days on market

38

Days until sale

New this week

60

Newly listed

Price drops:18.4%of listings
Sale-to-list:98.7%

Top public schools in 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.

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Frequently asked questions

What is the average home price in Farmington Hills?

The median home sale price in Farmington Hills is $361,500, up 4.9% from last year.

How long do homes stay on market in Farmington Hills?

Homes typically spend 38 days on market before going under contract.

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

With 3.6 months of supply, Farmington Hills is currently a balanced market.

How many homes are for sale in Farmington Hills?

There are currently 114 homes listed for sale in Farmington Hills, MI.

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