Home Values

Farmington Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$168,500

  • 10.5% 1-year change
  • 2.9% 1-year forecast

The median home value in Farmington is $168,500. Farmington home values have gone up 10.5% over the past year and Zillow predicts they will rise 2.9% within the next year. The median list price per square foot in Farmington is None. The median rent price in Farmington is $1,250, which is higher than the Detroit Metro median of $900.

Relative ZHVI
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Farmington Market Overview

Data through Mar 31, 2015
  • $168,500 ZHVI
  • 2.9% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Mar 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Farmington Market Health

Data through Mar 31, 2015
  • No recent data
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.3% US Avg)
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Nearby Cities

Name Median ZHVI
Franklin $495,400
Bingham Farms $380,500
Northville Township $337,000
Name Median ZHVI
Novi $270,900
West Bloomfield $258,500
Farmington Hills $209,800
Name Median ZHVI
Livonia $149,500
Southfield $103,300
Redford $55,200

Listings & Sales

  • No data
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Farmington Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,451 Farmington
    $1,116 Detroit Metro
    $1,362 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,250 Rent list price
  • $1.03 Rent list price / sq ft
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