Home ValuePros
Talk to a Pro

Market Intelligence · MI / Oakland County

Farmington, MI home prices and housing market

4 ZIP markets liveData updated September 2026Typical value$389K1-yr changeUp2.8%

The typical home value in Farmington, MI is $389K as of September 2026, up 2.8% from a year ago, based on the Zillow Home Value Index. In the typical Farmington ZIP code, the median list price is $393K and homes spend a median of 41 days on market as of September 2026 (Realtor.com).

Get a cash offer

Sell without the wait

Sell your Farmington home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

The coverage

Farmington, by the numbers.

Typical home valueZillow ZHVI, September 2026
$389K
1-yr changeMedian across Farmington ZIPs
+2.8%
ZIP markets live6 tracked in Farmington
4
County
Oakland County

Need cash home buyers on your timeline? Sell my house fast in Farmington.

12-month value trend

+2.8% over 12 months

Typical home value in Farmington over the last 12 months: $378K in Sep 2025 to $389K in Sep 2026 (+2.8%).

Sep 2025$378K

Sep 2026$389K

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

Context

The typical home value in Farmington is $388,879, up 2.8% over the past year as of September 2026. The median list price sits at $393,088, which tells sellers that asking prices are running close to what homes are actually worth in the city. There were 197 homes for sale in September 2026, with 100 new listings hitting the market that same period. Homes are moving at a measured pace, with a median of 41 days on market. Notably, 20.8% of listings have taken a price cut, a sign that some sellers are starting too high and adjusting to meet buyers. For a Farmington homeowner weighing a sale, the market still rewards realistic pricing, but overpricing is likely to cost time and negotiating leverage.

The numbers

What is the housing market like in Farmington, MI?

Typical home value

$389K

Up2.8%YoY

Median list price

$393K

Days on market

41

Homes for sale

197

Price cuts

20.8%

New listings

100

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

Prices over time

Farmington, MI home prices over time

Typical home values in Farmington, MI are up 2.8% over the past year, from $378K in September 2025 to $389K in September 2026.

Typical home value in Farmington, MI, September of each year
MonthTypical value1-yr change
September 2026$388,879+2.8%
September 2025$378,292No prior year

Typical value is the median Zillow Home Value Index across Farmington ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Farmington, MI a buyer's or seller's market?

Farmington, MI is roughly balanced between buyers and sellers.

These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction.

Based on a median of 41 days on market and 21% of listings with a price cut in the typical Farmington ZIP code, and 100 new listings against 197 active listings across Farmington, as of September 2026 (Realtor.com).

The outlook

Farmington housing market forecast 2027

+1.4%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 4 Farmington ZIP codes, points to typical home values rising 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in Farmington rose 2.8%, per the Zillow Home Value Index.

Will home prices drop in Farmington?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Farmington shows typical home values rising 1.4% by September 2027, after a 2.8% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 4 Farmington ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

Free home value report

See what your Farmington home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

Live markets

What ZIP codes are live in Farmington?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 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, September 2026

Free local consultation

Talk to a licensed pro in Farmington.

A licensed local professional will walk through your numbers and your selling options, free and with no obligation.

Prefer to start online? See your value and cash offer instead.

Common questions

Questions about Farmington, MI home prices.

How much is a home in Farmington worth?

The typical home value in Farmington is $388,879 as of September 2026, up 2.8% over the past year. That figure reflects a citywide typical value, not any single property.

How fast are homes selling in Farmington?

Homes in Farmington spent a median of 41 days on market as of September 2026. About 20.8% of listings had a price cut, so homes priced accurately tend to move faster than those that need reductions.

How much competition is there for sellers in Farmington?

As of September 2026, there were 197 homes for sale in Farmington, with 100 new listings added. The median list price was $393,088.

Are home prices going up or down in Farmington, MI?

Typical home values in Farmington, MI are up 2.8% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Farmington, MI a buyer's or seller's market?

Farmington, MI is roughly balanced between buyers and sellers. These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction. Based on a median of 41 days on market and 21% of listings with a price cut in the typical Farmington ZIP code, and 100 new listings against 197 active listings across Farmington, as of September 2026 (Realtor.com).

How long do homes take to sell in Farmington, MI?

In the typical Farmington ZIP code, homes spend a median of 41 days on market as of September 2026, based on Realtor.com listing data. Pricing and condition decide how fast any one home sells, so treat the median as a benchmark rather than a promise.

Nearby markets

More Michigan housing markets.

The market is moving

Latest housing news

All news