Farmington, MI housing market
The typical Farmington home is worth about $332,000, up 2.9% in a year, 25% above the Michigan typical home. Homes typically sell in 21 days, a little above asking.
Home values, sales, trends and how Farmington compares with the towns next door — updated as new data is published.
Farmington at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Farmington | Michigan |
|---|---|---|
| 2017 | $187,000 | $144,000 |
| 2018 | $206,000 | $155,000 |
| 2019 | $218,000 | $165,000 |
| 2020 | $226,000 | $175,000 |
| 2021 | $245,000 | $194,000 |
| 2022 | $265,000 | $217,000 |
| 2023 | $285,000 | $230,000 |
| 2024 | $302,000 | $241,000 |
| 2025 | $317,000 | $253,000 |
| 2026 | $328,000 | $262,000 |
| August 2026 | $332,000 | $266,000 |
Farmington and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Farmington | $332K | +2.9% | 21 | $97,750 |
| Farmington Hills | $390K | +2.4% | 13 | $104,836 |
3.4 years of income
The typical Farmington home costs about 3.4 years of the town's median household income, about the same as across Michigan (3.7).
How Farmington ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.