Canterbury · Colony Park · Country Ridge · Farmington Glens · Farmington Hills City Center (Downtown Farmington Hills) · Farmington Road · Heritage Hills · Hunter's Pointe · Kendallwood · Quakertown · Ramblewood · Route 102 (Route 102-Grand River Avenue) · Twelve Mile Road (12 Mile Road and Drake Road)
Data as of February 2026. Source: Realtor.com.
The FARMINGTON, MI real estate market (48331) currently shows 42 active listings, with 16 pending sales. Homes are averaging 40 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 40 days on market compared to 24 days last year.
The median listing price has fallen 10% year-over-year, from $477,175 to $429,472.
Whether you are buying or selling in FARMINGTON, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 22,152 · Density: 918.7/mi² · Median household income: $120,929
Typical home value: $361,743 · Homeownership: 78.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48331 | Farmington, MI 48331 | 0.0 mi | 38 | $19,869,022 | $484,000 | $522,869 |
| 48322 | West Bloomfield, MI 48322 | 3.0 mi | 90 | $41,168,250 | $365,000 | $457,425 |
| 48377 | Novi, MI 48377 | 3.3 mi | 20 | $10,065,740 | $368,750 | $503,287 |
| 48336 | Farmington, MI 48336 | 4.2 mi | 83 | $28,172,939 | $267,450 | $339,433 |
| 48323 | West Bloomfield, MI 48323 | 4.9 mi | 49 | $44,549,967 | $640,000 | $909,183 |
| 48034 | Southfield, MI 48034 | 6.0 mi | 20 | $6,579,480 | $299,900 | $328,974 |
| 48324 | West Bloomfield, MI 48324 | 6.5 mi | 43 | $47,021,790 | $395,000 | $1,093,530 |
| 48301 | Bloomfield Hills, MI 48301 | 7.0 mi | 33 | $51,350,607 | $1,162,000 | $1,556,079 |
| 48025 | Franklin, MI 48025 | 7.3 mi | 43 | $47,151,650 | $750,000 | $1,096,550 |
| 48240 | Redford, MI 48240 | 7.8 mi | 51 | $8,207,634 | $159,900 | $160,934 |
| 48167 | Northville, MI 48167 | 7.9 mi | 73 | $62,887,091 | $625,000 | $861,467 |
| 48320 | Keego Harbor, MI 48320 | 8.3 mi | 10 | $5,690,860 | $359,000 | $569,086 |
| 48150 | Livonia, MI 48150 | 9.5 mi | 46 | $13,643,600 | $287,000 | $296,600 |
As of February 2026, there are 42 active listings in FARMINGTON, MI (zip code 48331), compared to 43 the prior year.
The median listing price in FARMINGTON, MI 48331 is $429,472 as of February 2026, a 10% decrease from $477,175 the prior year.
Homes in FARMINGTON, MI 48331 spend an average of 40 days on the market before going under contract, compared to 24 days the prior year.
Based on current inventory and days-on-market data as of February 2026, FARMINGTON, MI 48331 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 40 days on market compared to 24 days last year.
With SELL123.com's maximum 3% commission, sellers in FARMINGTON, MI 48331 save an estimated $8,589 compared to a typical 5% commission on the median listing price of $429,472. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.