Farmington Market Trends


Median Sales Price in Farmington

 

1 yr 5 yr Max
Farmington median sales prices
Number of sold homes in Farmington
No. Bedrooms Jan - Apr '15 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom - - - - -
2 bedrooms $164,000 +28.1% $144,000 $128,000 $65,100
3 bedrooms $144,000 +8.3% $165,000 $132,950 $100,000
4 bedrooms $189,700 -10.2% $175,000 $211,250 $168,600
All properties $158,000 +17.1% $161,186 $134,950 $108,500
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Summary for Farmington


The median sales price for homes in Farmington MI for Jan 15 to Apr 15 was $158,000. This represents a decline of 2%, or $3,186, compared to the prior quarter and an increase of 17.1% compared to the prior year. Sales prices have appreciated 45.6% over the last 5 years in Farmington. The average listing price for Farmington homes for sale on Trulia was $154,079 for the week ending Apr 15, which represents an increase of 7.7%, or $11,013, compared to the prior week and a decline of 9.2%, or $15,673, compared to the week ending Mar 25. Average price per square foot for Farmington MI was $106, an increase of 6% compared to the same period last year.

Average Listing Price in Farmington

 

Farmington average property price
Farmington – number of properties
No. Bedrooms Week ending
Apr 15
w-o-w Week ending
Apr 8
Week ending
Apr 1
Week ending
Mar 25
1 bedroom - - - - -
2 bedrooms $137,616 +22.4% $112,436 $143,998 $150,658
3 bedrooms $182,224 +5.0% $173,512 $182,368 $183,495
4 bedrooms - - - - -
All properties $154,079 +7.7% $143,066 $173,580 $169,752
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Average Price Per Sqft. for Homes in Farmington

 

1 yr 5 yr Max
Farmington average price per square foot
No. Bedrooms Jan - Apr '15 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom - - - - -
2 bedrooms $123 +21.8% $111 $101 $62
3 bedrooms $107 +5.9% $122 $101 $73
4 bedrooms $97 -7.6% $96 $105 $76
All properties $106 +6.0% $109 $100 $70
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Popular Zips in Farmington


Zips Week ending
Apr 15
w-o-w Week ending
Apr 8
Week ending
Mar 25
48336 1 1 1
48335 2 2 2
48331 3 3 4
48334 4 4 3
48333 5 +1 6 5
48332 6 -1 5 6
Homes for Sale in Farmington
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