Market Intelligence · MI / Farmington

Farmington, MI 48335 Housing Market

The typical home value in Farmington, MI 48335 is $431,672, up 3.1% over the past year. The median list price is $455,000, and homes are spending a median of 32 days on market.

Updated August 2026Median value$426K

The median home value in Farmington, MI 48335 is $426K 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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Typical 48335 range

$392K to $461K

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

+3.1% over 12 months

Typical home value in 48335 over the last 12 months: $414K in Aug 2025 to $426K in Aug 2026 (+3.1%).

Aug 2025$414K

Aug 2026$426K

The numbers

What is the 48335 housing market like?

Typical home value

$426K

Up3.1%YoY

Median list price

$455K

Up0.6%MoM

Days on market

32

Flat0.0%MoM

Homes for sale

30

Up15.4%MoM

Price cuts

23.2%

Down3.5%MoM

New listings

16

Down11.1%MoM

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

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The comparison

How do 48335 home prices compare?

  • 48335$426,456
  • 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

There are 30 homes for sale in 48335, with 16 new listings coming on. The median list price is $455,000, while the typical home value is $431,672, up 3.1% over the past year. A median of 32 days on market points to steady movement rather than a standstill. Still, 23.2% of listings have a price cut, which shows some sellers are adjusting after testing too high. Price carefully from the start.

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