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Farmington Hills Real Estate Overview

Today, December 17, 2009

Market View for Farmington Hills

Info
Avg. Listing Price $212,456 Wk ending Dec 08
-$1,567
-0.7%
w-o-w
Median Sales Price $142,000 Sep '09 - Nov '09
-$13,000
-8.4%
y-o-y
796Homes For Sale 0Open Homes
734Recently Sold 352Foreclosures

Market Trends for Farmington Hills

Embed Info
Listing price – Farmington Hills
Average Listing Price
$212,456
-0.7%
w-o-w
Median Sales Price
$142,000
-8.4%
y-o-y
Average price/sqft
$78
-11.4%
y-o-y
Number of Sales
257
-25.5%
y-o-y
More Farmington Hills Market Trends
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Home Prices for Oakland County

Info
google map tile
Most popular
zip codes
Avg. listing price
Week ending Dec 8
 
w-o-w

48009
$623,100
-0.3%
48067
$176,912
+0.2%
48073
$142,524
-1.1%
48220
$99,831
+0.1%
48306
$474,336
-1.2%
 
Movers & Shakers
Avg. listing price
Week ending Dec 8
 
w-o-w

48321
$91,546
+463.4%
48205
$36,189
+18.1%
48218
$36,923
+9.1%
48215
$164,586
-9.1%
48326
$304,660
-7.9%
 
View Oakland County Home Prices Map
 

Farmington Hills Summary

Average price per square foot for Farmington Hills MI was $78, a decrease of 11.4% compared to the same period last year. The median sales price for homes in Farmington Hills MI for Sep 09 to Nov 09 was $142,000 based on 257 home sales. Compared to the same period one year ago, the median home sales price decreased 8.4%, or $13,000, and the number of home sales decreased 25.5%.

There are currently 796 resale and new homes in Farmington Hills on Trulia, including 352 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Farmington Hills MI was $212,456 for the week ending Dec 08, which represents a decrease of 0.7%, or $1,567, compared to the prior week.

 

Schools in Farmington Hills

Info
DISTRICT
TYPE
GRADES
SCHOOLS
STUDENTS
Farmington Public School District
Public
PK - 12
26
13,816
SCHOOL NAME
SCHOOL TYPE
GRADES
PARENT RATING
Steppingstone School
Private
K - 8
Fairview Early Childhood Center
Public
PK
Excel Institute
Private
PK - 8
Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.
View all Farmington Hills Schools
 

Community Info for Farmington Hills

Info
More Farmington Hills Community Info

Homes for Sale in Farmington Hills

30445 Turtle Crk, Farmington Hills MI
30445 Turt…
$298,500
4 br  2 ba
24399 Springbrook Drive, Farmington Hills MI
24399 Spri…
$149,900
3 br  2 ba
25589 Lynford Street, Farmington Hills MI
25589 Lynf…
$219,900
3 br  2 ½ ba
31002 Pine Cone Drive, Farmington Hills MI
31002 Pine…
$275,000
3 br  3 ½ ba
24525 Glen Orchard Drive, Farmington Hills MI
24525 Glen…
$230,000
3 br  2 ba
35280 Gary Street, Farmington Hills MI
35280 Gary…
$135,000
3 br  2 ½ ba
View all Farmington Hills Homes for Sale
 
Stats & Trends
Farmington Hills

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

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  • 48331
  • 48332
  • 48333
  • 48334
  • 48335
  • 48336
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Nearby Cities

Cities
Median
sales price
Average
listing price
Farmington
$93,000
$163,312
West Bloomfield
$155,000
$335,835
Wolverine Lake
$123,000
$222,724
Walled Lake
$91,380
$135,885
Orchard Lake
$134,000
$1,082,968
Southfield
$70,000
$106,146
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Advice

Recent Q&A in Farmington Hills, MI

Q: Looking for 3bd 2bth at least 1500ft for under 120000 prefer lower with a decent tax amount with basement//garage FHA approved. Is this possible? 6 answers
Q: Is Realcomp the only way to find a home in Farmington Hills? 8 answers
Q: Does anyone know about the Neighborhood Stabilization Program in farmington hills..how long is the process? 4 answers
Q: In this market...would it be better to try and sell now, or wait for some rebound? What about renting in the interim? 5 answers
Q: In this market...would it be better to try and sell now, or wait for some rebound? 2 answers

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More Advice:
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Nearby Cities Real Estate

  • Farmington Real Estate
  • Farmington Hls Real Estate
  • West Bloomfield Real Estate
  • Wolverine Lk Real Estate
  • Wolverine Lake Real Estate
  • Walled Lake Real Estate

Nearby Cities Sold Homes

  • Farmington Sold Homes
  • Farmington Hls Sold Homes
  • West Bloomfield Sold Homes
  • Wolverine Lk Sold Homes
  • Wolverine Lake Sold Homes
  • Walled Lake Sold Homes

Nearby Cities Home Prices

  • Farmington Home Prices
  • Farmington Hls Home Prices
  • West Bloomfield Home Prices
  • Wolverine Lk Home Prices
  • Wolverine Lake Home Prices
  • Walled Lake Home Prices

Farmington Hills Stats & Trends

  • Farmington Hills Market Trends
  • Farmington Hills Schools
  • Farmington Hills Community Info
  • Farmington Hills Home Prices
  • Farmington Hills Real Estate
  • Farmington Hills Recently Sold Homes

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Farmington Hills real estate—use Trulia to find real estate in Farmington Hills as well real estate in other cities in Michigan. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Farmington Hills real estate trends, market activity, and neighborhood information. Before buying a house in Farmington Hills, research real estate on Trulia. Understanding the Farmington Hills real estate market is your first step to buying a home in Farmington Hills, Michigan. Our real estate guide gives your a valuable overview of the Farmington Hills real estate market—find Farmington Hills properties, sales statistics, real estate price trends, real estate market activity, comparisons of Farmington Hills schools or Michigan schools, and general demographic information for Farmington Hills, MI. Trulia's real estate guide combines a Farmington Hills map with a detailed list of Farmington Hills neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Farmington Hills.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Parent Reviews
These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

  
   
About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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