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Farmington, MI 48335 Real Estate & Property Data

Farmington, MI 48335 Real Estate Market Trends
Last Updated: April 30, 2024

A total of 192 residential properties have been sold over the past 12 months in 48335. With a median sales price of $495,000 in 48335 and a total of 1 foreclosures in Farmington, MI 48335. Discover market trends and get the granular level real estate data for Farmington, MI 48335 to keep your pulse on the housing market. Curate compelling home reports for Farmington, MI 48335 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Farmington, MI 48335 Real Estate Market Trends
Get property data for any address in Farmington, MI 48335 or the country:
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    • Zip Code: 60093
    • City: Chicago, IL
    • Address: 123 Main St, Chicago, IL
Total Residential Properties 4,751
Total Commercial Properties 202
Avg. Home Age (Single Family Home) 53 Years
Avg. Square Feet (Single Family Home) 2,231
Total 2024 Residential Sales (year-to-date) 25
% of Homes Seriously Underwater (Q2 2024) 0.74%
Total 2023 Residential Sales 189
% of Equity Rich Homes (Q2 2024) 47.15%
Effective 2023 Property Tax 1.37%
Total Foreclosure Filings (year-to-date) 3
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Farmington, MI 48335 Real Estate Overview

There were 192 residential properties sold in the past year in Farmington, MI 48335. The median home value in Farmington, MI 48335 is $390,897. There are a total of 4,751 residential properties in the 48335.

Median Sales Price i
$495,000
(Mar 2024)
+36.8%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 $495,000
  • February '24 Feb '24 $521,500
  • January '24 Jan '24 $535,000
  • December '23 Dec '23 $475,000
  • November '23 Nov '23 $397,000
  • October '23 Oct '23 $295,000
  • September '23 Sep '23 $337,500
  • August '23 Aug '23 $430,000
  • July '23 Jul '23 $422,450
  • June '23 Jun '23 $350,500
  • May '23 May '23 $440,000
  • April '23 Apr '23 $451,000
Median Down Payment i
$103,000
(Mar 2024)
+484.4%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 $103,000
  • February '24 Feb '24 $26,075
  • January '24 Jan '24 $101,000
  • December '23 Dec '23 $28,200
  • November '23 Nov '23 $50,000
  • October '23 Oct '23 $48,800
  • September '23 Sep '23 $19,000
  • August '23 Aug '23 $88,250
  • July '23 Jul '23 $51,250
  • June '23 Jun '23 $36,500
  • May '23 May '23 $31,612
  • April '23 Apr '23 $72,700
Number of Homes Sold i
9
(Mar 2024)
-18.2%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 9
  • February '24 Feb '24 8
  • January '24 Jan '24 8
  • December '23 Dec '23 18
  • November '23 Nov '23 14
  • October '23 Oct '23 15
  • September '23 Sep '23 16
  • August '23 Aug '23 20
  • July '23 Jul '23 23
  • June '23 Jun '23 26
  • May '23 May '23 13
  • April '23 Apr '23 11
Number of Purchase Loans i
7
(Mar 2024)
-41.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 7
  • February '24 Feb '24 3
  • January '24 Jan '24 8
  • December '23 Dec '23 15
  • November '23 Nov '23 10
  • October '23 Oct '23 13
  • September '23 Sep '23 16
  • August '23 Aug '23 14
  • July '23 Jul '23 16
  • June '23 Jun '23 16
  • May '23 May '23 11
  • April '23 Apr '23 6
Number of REFI Loans i
3
(Mar 2024)
-66.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 3
  • February '24 Feb '24 8
  • January '24 Jan '24 3
  • December '23 Dec '23 9
  • November '23 Nov '23 12
  • October '23 Oct '23 5
  • September '23 Sep '23 9
  • August '23 Aug '23 6
  • July '23 Jul '23 13
  • June '23 Jun '23 5
  • May '23 May '23 6
  • April '23 Apr '23 4
Number of HELOC Loans i
4
(Mar 2024)
-33.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 4
  • February '24 Feb '24 5
  • January '24 Jan '24 2
  • December '23 Dec '23 1
  • November '23 Nov '23 6
  • October '23 Oct '23 11
  • September '23 Sep '23 6
  • August '23 Aug '23 11
  • July '23 Jul '23 9
  • June '23 Jun '23 8
  • May '23 May '23 14
  • April '23 Apr '23 4

Farmington, MI 48335 Real Estate Market Overview

Last 30 days
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Farmington, MI 48335 Foreclosure Activity

There were a total of 1 Farmington, MI 48335 properties with a foreclosure filing in March 2024.

Total Foreclosure Filings i
1
(Mar 2024)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 1
  • February '24 Feb '24 N/A
  • January '24 Jan '24 2
  • December '23 Dec '23 2
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 N/A
Foreclosure Starts i
1
(Mar 2024)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 1
  • February '24 Feb '24 N/A
  • January '24 Jan '24 2
  • December '23 Dec '23 2
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 N/A
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