Farmington Hills Real Estate
10 neighborhoods and communities
Active listings 90
Sold (past 12mo) 658
HFG +9.3%ⓘ
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 Hills Realtor
Alexander Munro
Broker of Record · MI License #6502405404
Direct-to-broker representation for buyers and sellers in Farmington Hills 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.
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Condo Communities(10)
Brookdale Condominium
No active listings
Crosswinds Of Farmington Hills Condominiums
No active listings
Echo Valley
No active listings
Glen Oaks Village
No active listings
Hillside Estates
No active listings
Pinewoods Condominiums
No active listings
River Pines Condominiums
No active listings
Saratoga Farms Condominiums
No active listings
Valley View Condominium
No active listings
Versailles Place Condominiums
No active listings
Frequently Asked Questions about Farmington Hills
Are there homes available in Farmington Hills right now?
There are currently 90 active listings in Farmington Hills. The median asking price is $370,000.
What is the median home price in Farmington Hills?
Homes in Farmington Hills sell for a median of $370,000, drawn from 658 transactions over the past year.
How fast do homes sell in Farmington Hills?
The average days on market in Farmington Hills is 61, based on 658 recent transactions.
What are the best neighborhoods in Farmington Hills?
There are 10 neighborhoods and condo communities in Farmington Hills. Of these, 10 are condo communities.
What school districts serve Farmington Hills?
Farmington Hills is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Farmington Hills may be zoned for different districts. Check individual listings for the specific school district assignment.
Is Farmington Hills a buyer's or seller's market?
With 1.6 months of inventory, Farmington Hills is currently a seller's market. This is based on 90 active listings and 658 sales in the past 12 months.
How are property taxes calculated in Farmington Hills?
Michigan property taxes in Farmington Hills are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What does demographic data show about housing demand in Farmington Hills?
Based on Census Bureau ACS 5-Year Estimates, the Household Formation Gap in Farmington Hills is +9.3%. Shrinking household sizes (from 2.4 to 2.32 persons per household) have increased the number of households needing housing by 3,056 since 2009 — independent of the 5.7% population growth. This is a secondary demographic indicator, not a primary market measure.
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