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FARMINGTON, MI 48334

Real Estate Market Report  ·  Oakland County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
41
⇩ 6.8% vs 44 last year
Pending
13
32% pending ratio
Median Price
$289,900
⇩ 12.1% vs $329,950 last year
Average Price
$352,384
⇧ 4.5% vs $337,328 last year
Days on Market
60
⇧ 50% vs 40 days last year

Market Context

Population: 18,814  ·  Density: 800.9/mi²  ·  Median household income: $95,601

Typical home value: $297,630  ·  Homeownership: 64.3%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The FARMINGTON, MI real estate market (48334) currently shows 41 active listings, with 13 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 60 days on market compared to 40 days last year.

The median listing price has fallen 12.1% year-over-year, from $329,950 to $289,900.

Whether you are buying or selling in FARMINGTON, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 41 this year vs 44 last year
  • Days on market: 60 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $289,900 (-12.1% YoY)
  • Average: $352,384 (+4.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.4 miles — 582 listings ($266,120,396 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48334Farmington, MI 483340.0 mi41$14,447,744$289,900$352,384
48336Farmington, MI 483363.0 mi83$28,172,939$267,450$339,433
48034Southfield, MI 480343.1 mi20$6,579,480$299,900$328,974
48033Southfield, MI 480334.3 mi39$9,338,433$217,500$239,447
48025Franklin, MI 480254.3 mi43$47,151,650$750,000$1,096,550
48152Livonia, MI 481525.7 mi59$18,577,684$254,500$314,876
48076Southfield, MI 480766.1 mi64$18,626,368$285,000$291,037
48377Novi, MI 483776.3 mi20$10,065,740$368,750$503,287
48324West Bloomfield, MI 483246.6 mi43$47,021,790$395,000$1,093,530
48390Walled Lake, MI 483907.1 mi76$30,041,736$339,900$395,286
48320Keego Harbor, MI 483207.4 mi10$5,690,860$359,000$569,086
48154Livonia, MI 481547.6 mi48$16,860,288$349,900$351,256
48072Berkley, MI 480728.4 mi36$13,545,684$344,950$376,269

Frequently Asked Questions

How many homes are for sale in FARMINGTON, MI 48334?

As of January 2026, there are 41 active listings in FARMINGTON, MI (zip code 48334), compared to 44 the prior year.

What is the median home price in FARMINGTON, MI 48334?

The median listing price in FARMINGTON, MI 48334 is $289,900 as of January 2026, a 12.1% decrease from $329,950 the prior year.

How long do homes stay on the market in FARMINGTON, MI?

Homes in FARMINGTON, MI 48334 spend an average of 60 days on the market before going under contract, compared to 40 days the prior year.

Is it a seller's or buyer's market in FARMINGTON, MI 48334?

Based on current inventory and days-on-market data as of January 2026, FARMINGTON, MI 48334 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 60 days on market compared to 40 days last year.

How much can I save on real estate commission in FARMINGTON, MI?

With SELL123.com's maximum 3% commission, sellers in FARMINGTON, MI 48334 save an estimated $5,798 compared to a typical 5% commission on the median listing price of $289,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.