Photo: Dwight Burdette · CC BY 3.0859 homes sold in Farmington Hills in the last year, at a typical $381K
About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Farmington Hills homes are listed.
Every place Farmington Hills homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Farmington Hills.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
A quarter of Farmington Hills’ sales are condos, at $118K less than a house
661 houses and 199 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 661 sold in the year to May 2026
- Per square foot
- $180MI $172
- Days to sell
- 21
- Sold over asking
- 45%
- Listings with a price cut
- 27%
typical sale · 199 sold in the year to May 2026
- Per square foot
- $171MI $190
- Days to sell
- 32
- Sold over asking
- 22%
- Listings with a price cut
- 33%
Multi-family (2–4 units): 1 sold, typical $160K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 1.7 times the 2016 price
859 sales in the last year, against 1,416 in 2015 and a low of 859 in 2023. The typical sale went from $227K in 2016 to $381K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $400K buys in Farmington Hills
Check a listing against what Farmington Hills homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Farmington Hills are more common than before the pandemic, but a quarter fewer homes come up for sale
We read every month of Farmington Hills’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 859 sales.
If you’re buying in Farmington Hills
- Shop in August. It brings about 128 new listings a month, close to the busiest month, with fewer bidding wars (36% over asking).
- Bid near asking. Buyers paid 99.7% of the list price on average; 37% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 160 a month), and the most competition: 44% close over asking. July and August offer nearly as much choice with fewer homes bid up (39%). January has the least competition (22%) but only about 71 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Michigan
| Farmington Hills now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 37% | 23% | 55% | 28% |
| Gone within two weeksShare of homes under contract within 14 days | 48% | 42% | 65% | 40% |
| Price paid vs. askingAverage sale price ÷ list price | 99.7% | 97.6% | 101.5% | 98.1% |
| Days to sellMedian days from listing to contract | 24 | 23 | 15 | 36 |
152 homes for sale on a typical day
That’s 1.7 times the 2023 low (88), 23% fewer than in 2017–19 and well under 2015’s 418.
Since 2019, houses are up 44%, condos 49%
A house typically sold for $403K in the year to May 2026 (661 sales), a condo for $285K (199).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Farmington Hills ranks 55th of 194 busy Michigan markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Farmington Hills is in the middle of the pack.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Farmington Hills home costs about $2,471 a month
Price: Farmington Hills’ typical sale, last 12 months. Property tax at Farmington Hills’ 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Farmington Hills is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 48.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $381K home, about $5,800 a year.
Taxes vs. neighborsSchools
The schools grade for Farmington Hills, from test results, graduation and how much students grow.
Schools in Farmington HillsTypical commute
The average one-way trip to work for people who live in Farmington Hills.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Southfield sells for less a square foot; Franklin for far more
The busier markets within 25 miles of Farmington Hills, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Livonia | 1,169 | $326K | $184 | 48% | 15 |
| Farmington Hills | 859 | $381K | $177 | 37% | 24 |
| Novi | 653 | $476K | $212 | 35% | 23 |
| Southfield | 614 | $243K | $143 | 32% | 36 |
| Farmington | 128 | $322K | $185 | 37% | 23 |
| Walled Lake | 114 | $263K | $193 | 30% | 26 |
| Franklin | 52 | $938K | $282 | 29% | 45 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Farmington Hills, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Farmington Hills. People who follow the town see it, and so do people comparing Farmington Hills with their own town. No commission, no listing fee.
Questions about buying a home in Farmington Hills
What do homes sell for in Farmington Hills, MI?
859 homes sold in the year to September 2026 at a typical $381K, $177 a square foot. Houses sold for about $403K, condos for about $285K in the year to May 2026.
Is Farmington Hills a buyer’s or seller’s market?
A seller’s market: 206 homes were for sale in September 2026 and 88 sold, about 2.3 months of supply. Buyers paid 99.7% of asking on average.
When is the best time to buy in Farmington Hills?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Farmington Hills?
About 1.5% of a home’s value a year. On a $381K home that’s near $5,800.
Where can I see homes for sale in Farmington Hills?
Zillow, Redfin, Realtor.com and Homes.com all carry Farmington Hills’ MLS listings; the search links above open each one filtered to Farmington Hills.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).