Farmington Real Estate
82 active listings · 282 sold in the past 12mo
$359,900
Median List Price
282
Sold (past 12mo)
45
Avg Days on Market
+21.0%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(82)
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For Sale
1/19
$779,900
28341 Alycekay Street, Farmington, MI 48334
4 bd3 ba2,535 sqft1.85 ac
Single Family
For Sale
1/35
$679,000
24025 Drake Road, MI 48335
4 bd2 ba0.80 ac
Single Family
For Sale
1/15
$675,000
33614 Grand River Avenue, Farmington, MI 48335
0.26 ac
Multi-Fam
For Sale
1/30
$670,000
27634 Wellington Street, Farmington, MI 48334
4 bd2 ba5,010 sqft1.41 ac
Single Family
For Sale
1/60
$649,900
27966 Trailwood Court, Farmington, MI 48331
4 bd4 ba3,909 sqft0.60 ac
Single Family
For Sale
1/68
$625,000
23395 Mission Lane, Farmington, MI 48335
4 bd4 ba4,121 sqft0.20 ac
Single Family
For Sale
1/86
$599,000
30521 Knighton Drive, Farmington, MI 48331
4 bd4 ba2,861 sqft0.24 ac
Single Family
For Sale
1/28
$598,000
37917 Glengrove Drive, Farmington, MI 48331
4 bd3 ba4,334 sqft0.23 ac
Single Family
For Sale
1/26
$595,000
22200 Heatheridge, Farmington, MI 48167
4 bd3 ba2,674 sqft0.27 ac
Single Family
For Sale
1/55
$595,000
29301 Morningview Street 86, Farmington, MI 48331
4 bd5 ba2,718 sqft0.27 ac
Single Family
For Sale
1/48
$585,000
38681 Chasewood Court, Farmington, MI 48335
2 bd2 ba1,853 sqft0.07 ac
Single Family
Under Contract
1/50
$559,900
35226 Spring Hill Road, Farmington Hills, MI 48331
4 bd3 ba4,158 sqft0.27 ac
Single Family
For Sale
1/66
$559,900
27869 Old Colony Street, Farmington, MI 48334
3 bd3 ba2,551 sqft1.55 ac
Single Family
For Sale
1/54
$550,000
22664 Colgate Street, Farmington, MI 48336
3 bd3 ba2,073 sqft0.22 ac
Single Family
For Sale
1/52
$547,700
29401 Windmill Court, Farmington, MI 48334
3 bd4 ba2,729 sqft
Condo
For Sale
1/28
$530,000
28977 Lake Park Dr. Drive, Farmington, MI 48331
3 bd3 ba3,467 sqft0.29 ac
Single Family
Under Contract
1/59
$525,000
29100 Creek Bend Drive, Farmington, MI 48331
4 bd3 ba3,510 sqft0.30 ac
Single Family
For Sale
1/78
$520,000
33891 Yorkridge Street, Farmington, MI 48331
4 bd3 ba3,664 sqft0.38 ac
Single Family
For Sale
1/49
$512,000
36275 Congress Road, Farmington, MI 48335
4 bd3 ba2,658 sqft0.27 ac
Single Family
For Sale
1/41
$489,999
23577 W Newell Circle, Farmington, MI 48336
4 bd4 ba3,384 sqft0.59 ac
Single Family
For Sale
1/35
$475,000
30261 Ardmore Drive, Farmington, MI 48334
4 bd3 ba3,034 sqft0.41 ac
Single Family
For Sale
1/33
$475,000
29523 Ravenscroft Street, Farmington, MI 48331
4 bd3 ba1,906 sqft0.40 ac
Single Family
Coming Soon
1/34
$475,000
36515 Vicary Lane, Farmington, MI 48335
4 bd3 ba3,354 sqft0.29 ac
Single Family
For Sale
1/24
$450,000
23270 Fleming Drive, Farmington, MI 48335
2 bd2 ba1,596 sqft0.33 ac
Single Family
Recently Sold(282)
Frequently Asked Questions about Farmington
Are there homes available in Farmington right now?
Buyers in Farmington can choose from 82 active listings. The median asking price is $359,900.
What is the median home price in Farmington?
Based on 282 sales in the past year, homes in Farmington have a median price of $359,900.
How fast do homes sell in Farmington?
Over the past year, homes in Farmington spent an average of 45 days on market before selling.
What school districts serve Farmington?
Multiple school districts may serve Farmington. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
Is Farmington a buyer's or seller's market?
Farmington is currently a balanced market, with 3.5 months of supply. That ratio comes from 82 active listings relative to 282 sales per year.
How are property taxes calculated in Farmington?
Property taxes in Farmington are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
Is housing demand growing in Farmington?
Census demographic data shows a +21.0% Household Formation Gap in Farmington. As average household size fell from 2.28 to 2.19, the estimated number of households grew by 908. Population grew 16.2% over the same period. HFG is a secondary market indicator reflecting household formation trends, distinct from primary indicators like comparative market analysis.