Farmington, 48331 Real Estate Overview


  • Crime
  • Schools
  • Commute
  • Amenities
  • Affordability
  • Demographics
  • Hazards

Average Listing Price

  • $379,755
  • for week ending Apr 01
  • +$30,812
  • +8.8%
  • w-o-w

Median Sales Price

  • $230,500
  • Jan '15 - Apr '15
  • +$8,500
  • +3.8%
  • y-o-y

Average Listing Price $379,755 +8.8% w-o-w
Median Sales Price $230,500 +3.8% y-o-y
Average Price/sqft $116 +3.6% y-o-y
Number of Sales 42 -20.8 % y-o-y

Summary for Farmington, 48331


The median sales price for homes in ZIP code 48331 in Farmington from Jan 15 to Apr 15 was $230,500 based on 42 sales. Compared to the same period one year ago, the median sales price increased 3.8%, or $8,500, and the number of sales decreased 20.8%. Average price per square foot for homes in 48331 was $116, an increase of 8.4% compared to the same period last year. There are currently 78 resale and new homes in ZIP code 48331 on Trulia, including 1 open house, as well as 39 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 48331 was $379,755 for the week ending Apr 01, which represents an increase of 8.8%, or $30,812, compared to the prior week. Popular ZIP codes in Farmington include 48336 and 48335, with average listing prices of $139,623 and $288,132.


District Type Grades Schools Students
Farmington Public School District Public K - 12 27 10,931
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Homes for Sale in 48331
View all 48331 Homes for Sale