Market Intelligence · MI / Farmington

Farmington, MI 48334 Housing Market

The typical home in Farmington, MI 48334 is worth $362,457, up 3.2% over the past year. Sellers are listing at a median price of $269,900, and homes are moving in a median of 40 days.

Updated August 2026Median value$357K

The median home value in Farmington, MI 48334 is $357K as of August 2026, up 3.0% 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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Typical 48334 range

$329K to $386K

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

+3.0% over 12 months

Typical home value in 48334 over the last 12 months: $347K in Aug 2025 to $357K in Aug 2026 (+3.0%).

Aug 2025$347K

Aug 2026$357K

The numbers

What is the 48334 housing market like?

Typical home value

$357K

Up3.0%YoY

Median list price

$270K

Down3.5%MoM

Days on market

40

Up5.3%MoM

Homes for sale

43

Up13.2%MoM

Price cuts

14.6%

Down26.8%MoM

New listings

28

Up75.0%MoM

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

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The comparison

How do 48334 home prices compare?

  • 48334$357,390
  • Farmington$391,923
  • Michigan$243,093
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Farmington: 4 ZIPs; Michigan: 891 ZIPs; United States: 26,265 ZIPs).

Context

As of 2026-08-01, there are 43 homes for sale in 48334, with 28 new listings coming on the market. The median list price sits at $269,900, and the typical home spends 40 days on market. About 14.6% of listings have taken a price cut, so most sellers are holding close to their asking prices. Values remain on an upward path, with the typical home value at $362,457, up 3.2% over the past year. For a seller, the picture is steady rather than overheated, and pricing accurately from the start still matters.

Monthly payment

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20% · $71,478

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