Houses For Sale in Farmington Hills, MI

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Sold By Stevo
Farmington Hills, MI 48336
Market Overview
Market Balance
Balanced
Buyer's
Seller's
Farmington Hills is currenty a
Buyer's Market

In a buyer’s market, there is an overabundance of homes for sale compared to the demand. Buyers have the advantage because sellers will be motivated to negotiate price and terns in order to sell their property.

Area Demographics
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Total Population
81482
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Population Density
2,448
/sq mi.
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Median YEARLY income
$41,818
Demographic Icon
MEDIAN AGE
44
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COLLEGE EDUCATED
20%
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Owner/renter divide
69% / 31%
Listing Stats
Average List Price
-58.6%
Since last Year
2018 2018 2018.5 2018.5 2019 2019 2019.5 2019.5 2020 2020 2020.5 2020.5 2021 2021 0 0 100,000 100,000 200,000 200,000 300,000 300,000 400,000 400,000 500,000 500,000
Number of New Homes on Market
+100.0%
Since last Year
2018 2018 2018.5 2018.5 2019 2019 2019.5 2019.5 2020 2020 2020.5 2020.5 2021 2021 0.0 0.0 0.5 0.5 1.0 1.0 1.5 1.5 2.0 2.0
Average Sale Price
-55.3%
Since last Year
2019 2019 2019.5 2019.5 2020 2020 2020.5 2020.5 2021 2021 0 0 100,000 100,000 200,000 200,000 300,000 300,000 400,000 400,000 500,000 500,000
Number of Sold Homes
+100.0%
Since last Year
2019 2019 2019.5 2019.5 2020 2020 2020.5 2020.5 2021 2021 0.0 0.0 0.5 0.5 1.0 1.0 1.5 1.5 2.0 2.0
Distribution of Listing Price
$0 - $149K $0 - $149K $150K - $299K $150K - $299K $300K - $499K $300K - $499K $500K - $749K $500K - $749K $750K - $999K $750K - $999K $1M+ $1M+ 0 0
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