Market Intelligence · MI / Farmington

Farmington, MI 48334 Housing Market

The typical home in Farmington, MI 48334 is worth $354,221, up 2.6% over the past year as of September 2026. The median list price sits at $339,950, and homes are spending a median of 45 days on the market.

Updated September 2026Median value$354K

The median home value in Farmington, MI 48334 is $354K as of September 2026, up 2.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 48334 range

$326K to $383K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.6% over 12 months

Sep 2025$345K

Low $345KHigh $354K

Sep 2026$354K

The numbers

What is the 48334 housing market like?

As of September 2026

Typical home value

$354K

2.6%YoY

Median list price

$340K

26.0%MoM

Days on market

12.5%MoM

Homes for sale

0.0%MoM

Price cuts

20.9%

43.0%MoM

New listings

14.3%MoM

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

The outlook

48334 housing market forecast 2027

+1.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48334 to rise 1.5% by September 2027.

Over the 12 months through September 2026, typical home values in 48334 rose 2.6%, per the Zillow Home Value Index.

Will home prices drop in 48334?

Zillow's forecast does not call for a drop: it expects typical home values in 48334 to rise 1.5% by September 2027, after a 2.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 48334 home prices compare?

48334$354,221
Farmington$388,879
Michigan$241,156
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Farmington: 4 ZIPs; Michigan: 891 ZIPs; United States: 26,262 ZIPs).

Context

There were 43 homes for sale in 48334 as of September 2026, with 24 new listings coming on that month. The median list price was $339,950, below the typical home value of $354,221, and that typical value was up 2.6% over the past year. Homes took a median of 45 days to sell. About 20.9% of listings had a price cut. For a seller, the market looks steady but not frantic, so accurate pricing from the start matters more than testing the ceiling.

Monthly payment

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Down payment20% · $70,844

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Common questions

What people ask us.

How much is a home in 48334 worth?

The typical home value in 48334 is $354,221 as of September 2026, up 2.6% over the past year. The median list price is $339,950.

How long does it take to sell a home in 48334?

Homes in 48334 spent a median of 45 days on the market as of September 2026.

Are sellers in 48334 cutting prices?

As of September 2026, 20.9% of listings in 48334 had a price cut.

Discover

Nearby ZIP markets.

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