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Market Intelligence · MI / Farmington

Farmington, MI 48335 Housing Market

The typical home value in Farmington, MI 48335 is $423,537, up 2.9% over the past year as of September 2026. The median list price is $446,225, and homes spend a median of 36 days on the market.

Updated September 2026Median value$424K

The median home value in Farmington, MI 48335 is $424K as of September 2026, up 2.9% 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 48335 range

$390K to $457K

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

+2.9% over 12 months

Typical home value in 48335 over the last 12 months: $411K in Sep 2025 to $424K in Sep 2026 (+2.9%).

Sep 2025$411K

Sep 2026$424K

The numbers

What is the 48335 housing market like?

Typical home value

$424K

Up2.9%YoY

Median list price

$446K

Down1.9%MoM

Days on market

36

Up12.5%MoM

Homes for sale

34

Up13.3%MoM

Price cuts

20.7%

Down10.8%MoM

New listings

20

Up25.0%MoM

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

The outlook

48335 housing market forecast 2027

+1.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48335 to rise 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in 48335 rose 2.9%, per the Zillow Home Value Index.

Will home prices drop in 48335?

Zillow's forecast does not call for a drop: it expects typical home values in 48335 to rise 1.4% by September 2027, after a 2.9% 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 48335 home prices compare?

  • 48335$423,537
  • 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

As of September 2026, there are 34 homes for sale in 48335, with 20 new listings coming on during the period. The median list price of $446,225 sits above the typical home value of $423,537, and the typical home value is up 2.9% over the past year. Homes are moving at a steady pace, with a median of 36 days on market. Meanwhile, 20.7% of listings have taken a price cut, so not every asking price is holding. For a seller, the market still favors a well-priced home, but buyers are willing to push back on listings that start too high.

Monthly payment

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20% · $84,707

Common questions

What people ask us.

How much is a home in 48335 worth?

The typical home value in 48335 is $423,537, up 2.9% over the past year as of September 2026.

How long does it take to sell a home in 48335?

Homes in 48335 spend a median of 36 days on the market as of September 2026.

How many homes are for sale in 48335?

There are 34 homes for sale as of September 2026, with 20 new listings added during the period.

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