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Farmington Hills Market Report

$388,839

AVERAGE PRICE OF 176 HOMES

$1,485,950

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$713,624

AVERAGE PRICE OF 15 NEWLY BUILT HOMES

$244,167

AVERAGE PRICE OF 25 HOMES WITH A POOL

$222,225

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $388,839
Avg Bedrooms 3.2 beds
Avg Bathrooms 2.16 baths

Average Price by Bedrooms

1 bedroom $115,979
2 bedrooms $211,591
3 bedrooms $372,859
4 bedrooms $463,040
5 bedrooms $758,532
Farmington Hills Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 200 224 243 272 267
Average Price $383,108 $393,131 $395,592 $378,814 $372,052
Avg Price Change -2.62% -0.63% +4.43% +1.82% n/a
Median Price $344,890 $350,773 $355,610 $352,625 $348,860
Med Price Change -1.71% -1.38% +0.85% +1.08% n/a
Avg Bedrooms 3.23 beds 3.28 beds 3.35 beds 3.3 beds 3.31 beds
Avg Bathrooms 2.12 baths 2.17 baths 2.2 baths 2.14 baths 2.14 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 176 $388,839 73 days
Multi-Million Dollar Homes 4 $1,485,950 182 days
Newly Built Homes 15 $713,624 106 days
Homes with a Pool 25 $244,167 47 days
Reduced Price Homes 4 $222,225 27 days
Arterra Luxe Collection LLC
148 Pierce Street
Birmingham, MI
248-733-5893

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