Market Intelligence · MI / Oakland County

Farmington, MI housing market

4 ZIP markets liveData updated August 2026Typical value$392K1-yr changeUp3.1%

The median home value in Farmington, MI is $392K as of August 2026, up 3.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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The coverage

Farmington, by the numbers.

Typical home valueZillow ZHVI, August 2026
$392K
1-yr changeMedian across Farmington ZIPs
+3.1%
ZIP markets live6 tracked in Farmington
4
County
Oakland County

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12-month value trend

+3.1% over 12 months

Typical home value in Farmington over the last 12 months: $380K in Aug 2025 to $392K in Aug 2026 (+3.1%).

Aug 2025$380K

Aug 2026$392K

Median Zillow home value index across Farmington's ZIP codes.

Context

Zillow's home value index puts the typical Farmington home at $391,923 as of August 2026, a 12-month move of +3.1%. On the listing side, Realtor.com counts 182 homes on the market, 96 newly listed, and a median asking price of $382,500 in August 2026. A typical listing takes 36 days to sell, and 18.2% of active homes have seen a price reduction. Read together, these figures point to a market on the way up, with real appreciation over the year.

The numbers

What is the housing market like in Farmington, MI?

Typical home value

$392K

Up3.1%YoY

Median list price

$383K

Days on market

36

Homes for sale

182

Price cuts

18.2%

New listings

96

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026)

Figures reflect Farmington's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

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Live markets

What ZIP codes are live in Farmington?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of August 2026. 1-yr change compares it to the same ZIP a year earlier. We track 6 Farmington ZIP codes in total; the remaining 2 publish as their data clears editorial QA.

Zillow ZHVI, August 2026

Local pros

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Top real estate agents in Farmington, MI

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Nearby markets

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