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Brookhill (Brook Hill Estates) Canterbury Coventry Farmington Hills City Center (Downtown Farmington Hills) Farmington Road Forestbrook (Forest Brook) Franklin Franklin Forest Franklin Hills Franklin Oaks Glen Oaks (Glen Acres) Green Castle (Greencastle) Highmeadow Inkster Kendallwood Lincolnshire (Lincolnshire Estates) Middlebelt Northwestern Highway (Northwestern Hwy-13 Mile Road) Oaklands OCC (Oakland Community College) Olde Franklin Town (Olde Franklin) Parkhill Springview (Springview Lamuera) Timbercrest (Timbercrest Woods) Westbrook (Westbrook Manor) Woodcreek (Woodcreek Farms)

FARMINGTON, MI 48334

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 48334

Brookhill (Brook Hill Estates) · Canterbury · Coventry · Farmington Hills City Center (Downtown Farmington Hills) · Farmington Road · Forestbrook (Forest Brook) · Franklin · Franklin Forest · Franklin Hills · Franklin Oaks · Glen Oaks (Glen Acres) · Green Castle (Greencastle) · Highmeadow · Inkster · Kendallwood · Lincolnshire (Lincolnshire Estates) · Middlebelt · Northwestern Highway (Northwestern Hwy-13 Mile Road) · Oaklands · OCC (Oakland Community College) · Olde Franklin Town (Olde Franklin) · Parkhill · Springview (Springview Lamuera) · Timbercrest (Timbercrest Woods) · Westbrook (Westbrook Manor) · Woodcreek (Woodcreek Farms)

Market Analysis

Data as of February 2026. Source: Realtor.com.

The FARMINGTON, MI real estate market (48334) currently shows 47 active listings, with 14 pending sales. Homes are averaging 63 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 63 days on market compared to 54 days last year.

The median listing price has fallen 8.8% year-over-year, from $345,000 to $314,675.

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.

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Market Context

Market Context

Population: 18,814  ·  Density: 800.9/mi²  ·  Median household income: $95,601

Typical home value: $297,630  ·  Homeownership: 64.3%

Market Overview

Active Listings
47
⇧ 11.9% vs 42 last year
Pending
14
30% pending ratio
Median Price
$314,675
⇩ 8.8% vs $345,000 last year
Average Price
$365,046
⇧ 3.8% vs $351,756 last year
Days on Market
63
⇧ 16.7% vs 54 days last year

Price Per Square Foot

Median $/sqft
$177
⇩ 5.9% vs $188/sqft last year
Median Home Size
1,536 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 47 this year vs 42 last year
  • Days on market: 63 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $314,675 (-8.8% YoY)
  • Average: $365,046 (+3.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.4 miles — 582 listings ($266,120,396 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48334Farmington, MI 483340.0 mi41$14,447,744$289,900$352,384
48336Farmington, MI 483363.0 mi83$28,172,939$267,450$339,433
48034Southfield, MI 480343.1 mi20$6,579,480$299,900$328,974
48033Southfield, MI 480334.3 mi39$9,338,433$217,500$239,447
48025Franklin, MI 480254.3 mi43$47,151,650$750,000$1,096,550
48152Livonia, MI 481525.7 mi59$18,577,684$254,500$314,876
48076Southfield, MI 480766.1 mi64$18,626,368$285,000$291,037
48377Novi, MI 483776.3 mi20$10,065,740$368,750$503,287
48324West Bloomfield, MI 483246.6 mi43$47,021,790$395,000$1,093,530
48390Walled Lake, MI 483907.1 mi76$30,041,736$339,900$395,286
48320Keego Harbor, MI 483207.4 mi10$5,690,860$359,000$569,086
48154Livonia, MI 481547.6 mi48$16,860,288$349,900$351,256
48072Berkley, MI 480728.4 mi36$13,545,684$344,950$376,269

Frequently Asked Questions

How many homes are for sale in FARMINGTON, MI 48334?

As of February 2026, there are 47 active listings in FARMINGTON, MI (zip code 48334), compared to 42 the prior year.

What is the median home price in FARMINGTON, MI 48334?

The median listing price in FARMINGTON, MI 48334 is $314,675 as of February 2026, a 8.8% decrease from $345,000 the prior year.

How long do homes stay on the market in FARMINGTON, MI?

Homes in FARMINGTON, MI 48334 spend an average of 63 days on the market before going under contract, compared to 54 days the prior year.

Is it a seller's or buyer's market in FARMINGTON, MI 48334?

Based on current inventory and days-on-market data as of February 2026, FARMINGTON, MI 48334 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 63 days on market compared to 54 days last year.

How much can I save on real estate commission in FARMINGTON, MI?

With SELL123.com's maximum 3% commission, sellers in FARMINGTON, MI 48334 save an estimated $6,294 compared to a typical 5% commission on the median listing price of $314,675. 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.