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Market Watch
August 21, 2026· Updated September 6, 2026
5 min read

Farmington Hills, MI Housing Market 2026: What Homes Actually Sell For

What homes actually sell for in Farmington Hills: a median closing price of $375,000 across 530 closings Resideline tracked over the last six months, plus the full price spread.

Resideline Team
Farmington Hills, MI Housing Market 2026: What Homes Actually Sell For

If you invest in or around Farmington Hills, the number that matters is what homes actually close for, not what sellers are asking. Here is what Farmington Hills sale prices look like right now, built from the closings Resideline tracked over the last six months, as of September 2026.

The snapshot

  • Closings tracked, last 6 months: 530
  • Median sold price, last 6 months: $375,000
  • Median sold $/sqft, last 6 months: $169
  • Middle half of sales closed between: $294,900 and $480,000

What the numbers say

Resideline tracked 530 closed sales in Farmington Hills over the last six months, with a median closing price of $375,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $294,900 and $480,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. Across the 530 closings with usable living area, the middle half sold between $141 and $207 per square foot.

Figures last updated September 6, 2026 from closings Resideline tracked.

Median home price in Farmington Hills, MI (September 2026)

The median home price in Farmington Hills is $375,000, measured across the 530 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $294,900 and $480,000.

Where Farmington Hills sale prices land

What homes actually sell for in Farmington Hills
Closed sale prices over the last six months. Middle half of sales: $295k to $480k
Tap to enlarge
$150k to $214k: 37 sales$150k$214k to $278k: 59 sales$278k to $341k: 90 sales$278k$341k to $405k: 98 sales98sales$405k to $469k: 74 sales$405k$469k to $533k: 58 sales$533k to $596k: 38 sales$533k$596k to $660k: 17 salesMedian $375k

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Farmington Hills over the last six months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $294,900 and $480,000. Among the 78 Michigan markets with a published band, Farmington Hills's middle-half spread ($294,900 to $480,000) ranks 26th from the narrowest. Where your target property sits inside that spread matters more than the citywide median. Measured as the ratio of the upper to the lower quartile, its middle-half spread ranks in the 43rd percentile of the 2,187 US markets in Resideline's national Market Watch set, on data as of September 4, 2026.

Median sold price per square foot
Farmington Hills monthly medians for the complete months inside the last six months, Apr 2026 to Aug 2026, among qualifying closings with usable living area. 5 months plotted.
Tap to enlarge
Apr 2026: $178 per square foot across 97 sales$178AprMay 2026: $163 per square foot across 84 sales$163MayJun 2026: $157 per square foot across 109 sales$157JunJul 2026: $172 per square foot across 100 sales$172JulAug 2026: $179 per square foot across 80 sales$179Aug

How long a sale takes here

  • Listed to under contract: a median of 10 days, across 318 Farmington Hills closings Resideline tracked in the last six months
  • Contract to closing: a median of 24 days, across 328 Farmington Hills closings Resideline tracked in the last six months
Both are measured from the closings themselves, not from listing inventory. Each sale is timed using its own listing and contract dates. That is why these counts are smaller than the 530 closings above: a sale is counted here only when we hold both of its dates.

The Farmington Hills angle

Farmington Hills gives you a citywide anchor worth starting from. Across 530 closings Resideline tracked over the last six months, the median closed sale price was $375,000, and the middle half of sales closed between $294,900 and $480,000. That quartile spread sits close to typical for the markets we track, so the median tells you something real without telling you everything. The upper quartile sits further from the median than the lower one does, meaning a stronger than average property has more room to run than a weaker one has to fall.

From market read to offer price

A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Farmington Hills address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

code
Source: Resideline Market Watch
Market: Farmington Hills, MI
Geography: incorporated municipality, Census place 2627440
Data updated: September 2026
Analysis period: last six months
Tracked closings: 530
Median sold price: $375,000
Median sold $/sqft: $169 (530 qualifying)
https://resideline.com/blog/farmington-hills-mi-housing-market

Writing about this market? Paste this into your post:

code
<a href="https://resideline.com/blog/farmington-hills-mi-housing-market">
  <img src="https://resideline.com/images/embed/farmington-hills-mi.png" alt="Farmington Hills, MI home sale price distribution, last six months" width="1000" style="max-width:100%;height:auto">
</a>
<p>Source: <a href="https://resideline.com/blog/farmington-hills-mi-housing-market">Resideline Market Watch</a></p>

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Farmington Hills over the last six months, and is refreshed when the data is. The closings we track within the Farmington Hills city limits are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 24% of the 530 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $390,000.

Frequently Asked Questions

What is the median home price in Farmington Hills?

The median sold price in Farmington Hills over the last 6 months is $375,000, measured across 530 closings Resideline tracked.

How many homes sold in Farmington Hills last month?

Resideline tracked 80 closed sales in Farmington Hills in August 2026, out of 530 closings tracked over the last six months. These are tracked samples of market activity, not official county totals.

What is the typical sale price range in Farmington Hills?

The middle half of Farmington Hills sales over the last six months closed between $294,900 and $480,000, with a median of $375,000.

What is the typical price per square foot in Farmington Hills?

Among qualifying Farmington Hills closings Resideline tracked over the last six months, the median sold price per square foot was $169, measured across 530 sales with usable living area. Median is used rather than average because outliers distort the mean.

How much weight should the Farmington Hills median carry when I price a single house?

Treat it as a starting point rather than a verdict. The middle half of closings Resideline tracked ran from $294,900 to $480,000, a spread close to typical for the markets we track, so the median narrows the range but a specific property can still sit well off it.

What could a property in Farmington Hills be worth?

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