Farmington Real Estate
92 active listings · 306 sold in the past 12mo
$377,220
Median List Price
306
Sold (past 12mo)
47
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.
Your Farmington Realtor
Alexander Munro
Broker of Record · MI License #6502405404
Direct-to-broker representation for buyers and sellers in Farmington and across Southeast Michigan. No team handoffs, no junk fees, full media included on every listing. Research-first approach grounded in MLS, public records, and on-the-ground knowledge of the local market.
Active Listings
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Homes for Sale(92)
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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
1/60
$690,000
29342 Strathmore Drive, Farmington, MI 48331
4 bd4 ba5,703 sqft0.26 ac
Single Family
For Sale
1/45
$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
1/68
$624,000
23395 Mission Lane, Farmington, MI 48335
4 bd4 ba4,121 sqft0.20 ac
Single Family
For Sale
1/45
$624,000
29721 Farmington Road, Farmington, MI 48334
3 bd2 ba2,339 sqft0.54 ac
Single Family
Coming Soon
1/36
$600,000
23939 Stony Creek Drive, Farmington, MI 48336
4 bd3 ba2,885 sqft0.47 ac
Single Family
For Sale
1/40
$599,000
30785 Mystic Forest Drive, Farmington, MI 48331
4 bd4 ba3,764 sqft0.22 ac
Single Family
For Sale
1/72
$595,000
27966 Trailwood Court, Farmington, MI 48331
4 bd4 ba3,909 sqft0.60 ac
Single Family
For Sale
1/55
$586,500
29301 Morningview Street 86, Farmington, MI 48331
4 bd4 ba2,718 sqft0.27 ac
Single Family
For Sale
1/26
$580,000
22200 Heatheridge, Farmington, MI 48167
4 bd3 ba2,674 sqft0.27 ac
Single Family
For Sale
1/86
$579,000
30521 Knighton Drive, Farmington, MI 48331
4 bd4 ba2,861 sqft0.24 ac
Single Family
For Sale
1/60
$574,900
37709 Glengrove Drive, Farmington, MI 48331
4 bd4 ba4,417 sqft0.22 ac
Single Family
For Sale
1/37
$570,000
21085 Metroview Road, Farmington, MI 48335
4 bd4 ba3,426 sqft1.69 ac
Single Family
For Sale
1/48
$565,000
38681 Chasewood Court, Farmington, MI 48335
3 bd2 ba1,853 sqft0.07 ac
Single Family
For Sale
1/59
$559,900
27869 Old Colony Street, Farmington, MI 48334
3 bd3 ba2,551 sqft1.55 ac
Single Family
For Sale
1/12
$549,000
37892 Stableview Drive, Farmington, MI 48335
4 bd3 ba3,408 sqft0.25 ac
Single Family
For Sale
1/46
$529,900
28264 Bayberry Road, Farmington, MI 48331
4 bd4 ba2,837 sqft0.36 ac
Single Family
For Sale
1/42
$525,000
29523 Shenandoah Drive, Farmington, MI 48331
3 bd3 ba3,211 sqft0.26 ac
Single Family
For Sale
1/52
$524,900
29401 Windmill Court, Farmington, MI 48334
3 bd4 ba2,729 sqft
Condo
For Sale
1/28
$515,000
28977 Lake Park Dr. Drive, Farmington, MI 48331
3 bd3 ba3,467 sqft0.29 ac
Single Family
For Sale
1/54
$499,900
22664 Colgate Street, Farmington, MI 48336
3 bd3 ba2,073 sqft0.22 ac
Single Family
For Sale
1/47
$499,000
21516 Oxford Avenue, Farmington, MI 48336
0.25 ac
Multi-Fam
For Sale
1/34
$499,000
31259 Applewood Lane, Farmington, MI 48331
4 bd3 ba3,197 sqft0.28 ac
Single Family
Recently Sold(306)
Frequently Asked Questions about Farmington
Are there homes available in Farmington right now?
Buyers in Farmington can choose from 92 active listings. The median asking price is $377,220.
What is the median home price in Farmington?
Based on 306 sales in the past year, homes in Farmington have a median price of $377,220.
How fast do homes sell in Farmington?
Over the past year, homes in Farmington spent an average of 47 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 3.6 months of supply. That ratio comes from 92 active listings relative to 306 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.