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Farmington Market Report

$376,783

AVERAGE PRICE OF 51 HOMES

$1,349,990

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$949,945

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$209,300

AVERAGE PRICE OF 3 HOMES WITH A POOL

$367,213

AVERAGE PRICE OF 23 DISTRESSED HOMES

Average Home

Average Price $376,783
Avg Bedrooms 2.17 beds
Avg Bathrooms 1.76 baths

Average Price by Bedrooms

1 bedroom $209,983
2 bedrooms $291,464
3 bedrooms $310,761
4 bedrooms $439,389
Farmington Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 56 20 15 2 1
Average Price $351,401 $383,776 $394,549 $290,370 $400,000
Avg Price Change -9.21% -2.81% +35.88% -37.76% n/a
Median Price $289,327 $251,792 $286,950 $294,722 $400,000
Med Price Change +14.91% -13.96% -2.71% -35.72% n/a
Avg Bedrooms 2.16 beds 2.04 beds 2.41 beds 4.28 beds 5 beds
Avg Bathrooms 1.63 baths 1.52 baths 1.75 baths 2.28 baths 3 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 51 $376,783 40 days
Multi-Million Dollar Homes 1 $1,349,990 103 days
Newly Built Homes 2 $949,945 75 days
Homes with a Pool 3 $209,300 22 days
Distressed Homes 23 $367,213 33 days
Arterra Luxe Collection LLC
213 Hamilton Row
Birmingham, MI 48009
248-733-5893

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