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Alta-Loma Chatham Hills (Farmington Hills) Downtown Farmington (Downtown) Farmington Acres Farmington Hills City Center (Downtown Farmington Hills) Freeway Industrial Park Green Valley Historic Farmington (Historic) Meadowbrook Normandy Hills (Normandy) Rouge River Valley (Rouge River) Route 102 (Route 102-Grand River Avenue) Tall Oaks (The Oaks) Warner Farms Woodcroft

FARMINGTON, MI 48335

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

Neighborhoods in ZIP 48335

Alta-Loma · Chatham Hills (Farmington Hills) · Downtown Farmington (Downtown) · Farmington Acres · Farmington Hills City Center (Downtown Farmington Hills) · Freeway Industrial Park · Green Valley · Historic Farmington (Historic) · Meadowbrook · Normandy Hills (Normandy) · Rouge River Valley (Rouge River) · Route 102 (Route 102-Grand River Avenue) · Tall Oaks (The Oaks) · Warner Farms · Woodcroft

Market Analysis

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

The FARMINGTON, MI real estate market (48335) currently shows 29 active listings, with 18 pending sales. Homes are averaging 36 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 36 days on market compared to 20 days last year.

The median listing price has fallen 16.8% year-over-year, from $419,900 to $349,500.

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: 24,229  ·  Density: 1,295.9/mi²  ·  Median household income: $95,109

Typical home value: $350,929  ·  Homeownership: 42.6%

Market Overview

Active Listings
29
⇧ 52.6% vs 19 last year
Pending
18
62% pending ratio
Median Price
$349,500
⇩ 16.8% vs $419,900 last year
Average Price
$424,787
⇩ 1.7% vs $432,317 last year
Days on Market
36
⇧ 80% vs 20 days last year

Price Per Square Foot

Median $/sqft
$209
⇧ 1.5% vs $206/sqft last year
Median Home Size
1,791 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 29 this year vs 19 last year
  • Days on market: 36 now vs 20 last year

Median & Average Pricing

Year over Year
  • Median: $349,500 (-16.8% YoY)
  • Average: $424,787 (-1.7% 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 8.8 miles — 653 listings ($326,259,140 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48335Farmington, MI 483350.0 mi28$10,743,124$344,900$383,683
48331Farmington, MI 483312.9 mi38$19,869,022$484,000$522,869
48375Novi, MI 483753.1 mi43$17,711,743$425,000$411,901
48377Novi, MI 483774.7 mi20$10,065,740$368,750$503,287
48322West Bloomfield, MI 483225.6 mi90$41,168,250$365,000$457,425
48033Southfield, MI 480335.8 mi39$9,338,433$217,500$239,447
48374Novi, MI 483746.2 mi15$13,514,100$749,500$900,940
48167Northville, MI 481676.8 mi73$62,887,091$625,000$861,467
48323West Bloomfield, MI 483237.6 mi49$44,549,967$640,000$909,183
48168Northville, MI 481688.0 mi55$47,095,070$600,000$856,274
48393Wixom, MI 483938.3 mi30$12,480,900$365,000$416,030
48239Redford, MI 482398.4 mi107$19,557,032$184,950$182,776
48075Southfield, MI 480758.8 mi66$17,278,668$230,000$261,798

Frequently Asked Questions

How many homes are for sale in FARMINGTON, MI 48335?

As of February 2026, there are 29 active listings in FARMINGTON, MI (zip code 48335), compared to 19 the prior year.

What is the median home price in FARMINGTON, MI 48335?

The median listing price in FARMINGTON, MI 48335 is $349,500 as of February 2026, a 16.8% decrease from $419,900 the prior year.

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

Homes in FARMINGTON, MI 48335 spend an average of 36 days on the market before going under contract, compared to 20 days the prior year.

Is it a seller's or buyer's market in FARMINGTON, MI 48335?

Based on current inventory and days-on-market data as of February 2026, FARMINGTON, MI 48335 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 36 days on market compared to 20 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 48335 save an estimated $6,990 compared to a typical 5% commission on the median listing price of $349,500. 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.