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Farmington, MI 48336 Real Estate & Property Data

Farmington, MI 48336 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 410 residential properties have been sold over the past 12 months in 48336. With a median sales price of $296,000 in 48336 and a total of 1 foreclosures in Farmington, MI 48336. Discover market trends and get the granular level real estate data for Farmington, MI 48336 to keep your pulse on the housing market. Curate compelling home reports for Farmington, MI 48336 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

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Total Residential Properties 9,220

Total Commercial Properties 538

Avg. Home Age (Single Family Home) 63 Years

Avg. Square Feet (Single Family Home) 1,599

Total 2025 Residential Sales (year-to-date) 47

% of Homes Seriously Underwater (Q2 2025) 0.62%

Total 2024 Residential Sales 395

% of Equity Rich Homes (Q2 2025) 43.46%

Effective 2024 Property Tax 1.31%

Total Foreclosure Filings (year-to-date) 3

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Farmington, MI 48336 Real Estate Overview

There were 410 residential properties sold in the past year in Farmington, MI 48336. The median home value in Farmington, MI 48336 is $289,710. There are a total of 9,220 residential properties in the 48336.

Median Sales Price i

$296,000

(Feb 2025)

+0.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $296,000
January '25 Jan '25 $295,000
December '24 Dec '24 $307,000
November '24 Nov '24 $260,000
October '24 Oct '24 $335,000
September '24 Sep '24 $320,000
August '24 Aug '24 $302,500
July '24 Jul '24 $270,000
June '24 Jun '24 $249,900
May '24 May '24 $297,000
April '24 Apr '24 $267,000
March '24 Mar '24 $285,000

Median Down Payment i

$40,416

(Feb 2025)

+162.4%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $40,416
January '25 Jan '25 $22,000
December '24 Dec '24 $48,450
November '24 Nov '24 $31,500
October '24 Oct '24 $26,125
September '24 Sep '24 $22,000
August '24 Aug '24 $56,000
July '24 Jul '24 $20,600
June '24 Jun '24 $30,000
May '24 May '24 $27,158
April '24 Apr '24 $25,019
March '24 Mar '24 $28,500

Number of Homes Sold i

(Feb 2025)

+16.7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 21
January '25 Jan '25 26
December '24 Dec '24 29
November '24 Nov '24 34
October '24 Oct '24 35
September '24 Sep '24 25
August '24 Aug '24 41
July '24 Jul '24 42
June '24 Jun '24 33
May '24 May '24 33
April '24 Apr '24 32
March '24 Mar '24 41

Number of Purchase Loans i

(Feb 2025)

-16.7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 15
January '25 Jan '25 25
December '24 Dec '24 24
November '24 Nov '24 31
October '24 Oct '24 23
September '24 Sep '24 19
August '24 Aug '24 29
July '24 Jul '24 31
June '24 Jun '24 21
May '24 May '24 26
April '24 Apr '24 19
March '24 Mar '24 33

Number of REFI Loans i

(Feb 2025)

+120%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 22
January '25 Jan '25 22
December '24 Dec '24 19
November '24 Nov '24 27
October '24 Oct '24 19
September '24 Sep '24 19
August '24 Aug '24 18
July '24 Jul '24 18
June '24 Jun '24 20
May '24 May '24 22
April '24 Apr '24 16
March '24 Mar '24 14

Number of HELOC Loans i

(Feb 2025)

+100%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 12
January '25 Jan '25 9
December '24 Dec '24 12
November '24 Nov '24 9
October '24 Oct '24 14
September '24 Sep '24 16
August '24 Aug '24 12
July '24 Jul '24 17
June '24 Jun '24 12
May '24 May '24 18
April '24 Apr '24 3
March '24 Mar '24 7

Farmington, MI 48336 Real Estate Market Overview

Last 30 days

Street
Street
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Farmington, MI 48336 Foreclosure Activity

There were a total of 1 Farmington, MI 48336 properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 1 Farmington, MI 48336 properties and repossessed 1 Farmington, MI 48336 properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i

(Feb 2025)

-50%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years