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Farmington Hills Market Report

$385,293

AVERAGE PRICE OF 150 HOMES

$1,449,700

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$731,949

AVERAGE PRICE OF 17 NEWLY BUILT HOMES

$193,771

AVERAGE PRICE OF 18 HOMES WITH A POOL

$509,300

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $385,293
Avg Bedrooms 3.21 beds
Avg Bathrooms 2.11 baths

Average Price by Bedrooms

1 bedroom $118,030
2 bedrooms $192,810
3 bedrooms $332,820
4 bedrooms $498,347
5 bedrooms $753,989
Farmington Hills Home Price Trends
  12/2022 11/2022 10/2022 9/2022 8/2022
Total Listings 165 200 224 243 272
Average Price $386,588 $383,108 $393,131 $395,592 $378,814
Avg Price Change +0.91% -2.62% -0.63% +4.43% +1.82%
Median Price $336,818 $344,890 $350,773 $355,610 $352,625
Med Price Change -2.40% -1.71% -1.38% +0.85% +1.08%
Avg Bedrooms 3.2 beds 3.23 beds 3.28 beds 3.35 beds 3.3 beds
Avg Bathrooms 2.14 baths 2.12 baths 2.17 baths 2.2 baths 2.14 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 150 $385,293 79 days
Multi-Million Dollar Homes 4 $1,449,700 234 days
Newly Built Homes 17 $731,949 125 days
Homes with a Pool 18 $193,771 46 days
Reduced Price Homes 6 $509,300 48 days
Arterra Luxe Collection LLC
148 Pierce Street
Birmingham, MI
248-733-5893

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