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Farmington, MI 48334 Real Estate & Property Data

Farmington, MI 48334 Real Estate Market Trends

Last Updated: September 06, 2025

A total of 272 residential properties have been sold over the past 12 months in 48334. With a median sales price of $405,000 in 48334 and a total of 3 foreclosures in Farmington, MI 48334. Discover market trends and get the granular level real estate data for Farmington, MI 48334 to keep your pulse on the housing market. Curate compelling home reports for Farmington, MI 48334 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Farmington, MI 48334 Real Estate Market Trends

Get property data for any address in Farmington, MI 48334 or the country:

Total Residential Properties 6,553

Total Commercial Properties 505

Avg. Home Age (Single Family Home) 61 Years

Avg. Square Feet (Single Family Home) 2,197

Total 2025 Residential Sales (year-to-date) 127

% of Homes Seriously Underwater (Q3 2025) 0.75%

Total 2024 Residential Sales 225

% of Equity Rich Homes (Q3 2025) 41.54%

Effective 2024 Property Tax 1.3%

Total Foreclosure Filings (year-to-date) 9

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Farmington, MI 48334 Real Estate Overview

There were 272 residential properties sold in the past year in Farmington, MI 48334. The median home value in Farmington, MI 48334 is $378,750. There are a total of 6,553 residential properties in the 48334.

Median Sales Price i

$405,000

(Jun 2025)

+12.5%

year-over-year

y-o-y

June '25 Jun '25 $405,000
May '25 May '25 $419,250
April '25 Apr '25 $410,000
March '25 Mar '25 $415,000
February '25 Feb '25 $302,000
January '25 Jan '25 $345,000
December '24 Dec '24 $408,000
November '24 Nov '24 $365,000
October '24 Oct '24 $388,000
September '24 Sep '24 $400,500
August '24 Aug '24 $420,000
July '24 Jul '24 $338,500

Median Down Payment i

$67,300

(Jun 2025)

+186.4%

year-over-year

y-o-y

June '25 Jun '25 $67,300
May '25 May '25 $24,950
April '25 Apr '25 $97,000
March '25 Mar '25 $91,600
February '25 Feb '25 $73,750
January '25 Jan '25 $52,000
December '24 Dec '24 $33,700
November '24 Nov '24 $23,500
October '24 Oct '24 $51,000
September '24 Sep '24 $106,025
August '24 Aug '24 $83,100
July '24 Jul '24 $26,900

Number of Homes Sold i

26

(Jun 2025)

+18.2%

year-over-year

y-o-y

June '25 Jun '25 26
May '25 May '25 23
April '25 Apr '25 20
March '25 Mar '25 21
February '25 Feb '25 20
January '25 Jan '25 17
December '24 Dec '24 19
November '24 Nov '24 15
October '24 Oct '24 24
September '24 Sep '24 12
August '24 Aug '24 34
July '24 Jul '24 19

Number of Purchase Loans i

21

(Jun 2025)

+40%

year-over-year

y-o-y

June '25 Jun '25 21
May '25 May '25 20
April '25 Apr '25 13
March '25 Mar '25 20
February '25 Feb '25 10
January '25 Jan '25 10
December '24 Dec '24 14
November '24 Nov '24 13
October '24 Oct '24 32
September '24 Sep '24 12
August '24 Aug '24 27
July '24 Jul '24 10

Number of REFI Loans i

16

(Jun 2025)

-5.9%

year-over-year

y-o-y

June '25 Jun '25 16
May '25 May '25 9
April '25 Apr '25 10
March '25 Mar '25 12
February '25 Feb '25 8
January '25 Jan '25 10
December '24 Dec '24 13
November '24 Nov '24 11
October '24 Oct '24 6
September '24 Sep '24 9
August '24 Aug '24 11
July '24 Jul '24 17

Number of HELOC Loans i

8

(Jun 2025)

+14.3%

year-over-year

y-o-y

June '25 Jun '25 8
May '25 May '25 4
April '25 Apr '25 6
March '25 Mar '25 6
February '25 Feb '25 7
January '25 Jan '25 4
December '24 Dec '24 2
November '24 Nov '24 5
October '24 Oct '24 13
September '24 Sep '24 8
August '24 Aug '24 4
July '24 Jul '24 14

Farmington, MI 48334 Real Estate Market Overview

Last 30 days

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Farmington, MI 48334 Foreclosure Activity

There were a total of 3 Farmington, MI 48334 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i

3

(Jun 2025)

+50%

year-over-year

y-o-y

June '25 Jun '25 3
May '25 May '25 1
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 2
January '25 Jan '25 3
December '24 Dec '24 2
November '24 Nov '24 1
October '24 Oct '24 1
September '24 Sep '24 1
August '24 Aug '24 1
July '24 Jul '24 4

Foreclosure Starts i

3

(Jun 2025)

+50%

year-over-year

y-o-y

June '25 Jun '25 3
May '25 May '25 1
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 2
January '25 Jan '25 3
December '24 Dec '24 2
November '24 Nov '24 1
October '24 Oct '24 1
September '24 Sep '24 1
August '24 Aug '24 1
July '24 Jul '24 4

Completed Foreclosures (REOs) i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 1
September '24 Sep '24 1
August '24 Aug '24 1
July '24 Jul '24 1

Nearby Zip Codes

1. 48331
2. 48335
3. 48336

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