Neighbor News
What Is Actually Happening in the Farmington Hills Real Estate Market Right Now — Spring 2026
After 24 Years in This Community, I Want to Make Sure My Neighbors Have the Real Numbers
Tom Gilliam at RE/MAX Classic has 24 years of experience helping buyers and sellers navigate the Farmington Hills real estate market. Free consultation. No pressure. Just honest local expertise from someone who knows every neighborhood intimately.
Talk to Tom Today →TL;DR — Quick Summary
Find out what's happening in Farmington-Farmington Hillsfor free with the latest updates from Patch.
- Farmington Hills homes are averaging $385,085 in Spring 2026 — up 2.3% year over year with a 97.6% sale to list ratio.
- Well priced homes are going pending in as few as 6 days — buyers who are not pre-approved and ready to move fast are losing homes they love.
- This is one of the strongest seller markets Farmington Hills has seen in years — but overpricing is still the single most costly mistake a seller can make.
- Redfin scores Farmington Hills at 86 out of 100 for competitiveness — one of the highest ratings in all of Oakland County.
- Surrounding communities are posting extraordinary numbers — Novi up 30.2% and Bloomfield Hills up 47.2% year over year.
Farmington Hills neighbors — I want to make sure you have the real numbers for Spring 2026.
After 24 years of working with buyers and sellers right here in this community I can tell you what I see on social media and in national real estate headlines does not always match what I see every single day in the Farmington Hills market. So here is my honest local breakdown — no spin, no fluff, just the data and what it means for you.
Find out what's happening in Farmington-Farmington Hillsfor free with the latest updates from Patch.
Whether you are thinking about buying, selling, or simply want to know what your home is worth in today's market — this is everything you need to know right now.
The Real Numbers — Farmington Hills Spring 2026
Average Home Value
$385,085
Spring 2026
Days To Pending
6 Days
Well priced homes
Year Over Year
+2.3%
Appreciation
Sale to List Ratio
97.6%
Spring 2026
These are not national averages or county-wide estimates. These are the actual Farmington Hills numbers right now. And they tell a clear story — this is one of the most competitive real estate markets our community has seen in years.
For context Oakland County is leading all of Southeast Michigan with an average home value of $386,000. Novi is up 30.2% year over year. Bloomfield Hills has seen a staggering 47.2% appreciation. Farmington Hills remains the single best overall value in Oakland County — and buyers from across the country are noticing.
💬 Tom Gilliam | RE/MAX Classic | Farmington Hills MI
"Farmington Hills delivers the full package — outstanding schools, exceptional safety, abundant parks and recreation, and a 30-minute commute to downtown Detroit — all at a price point that still makes sense. That combination is why families relocating from Chicago, New York, and across the country keep landing right here."
Farmington Hills Sellers — This Is Your Window
If you have been thinking about selling your Farmington Hills home Spring 2026 is the window you have been waiting for. Homes are going pending in 6 days. The sale to list ratio is 97.6%. Buyers are motivated and inventory is moving fast.
But here is what I tell every Farmington Hills seller before we list — a strong market does not guarantee a strong result. The sellers who maximize their proceeds in this market are the ones who approach it with precision and professionalism. The sellers who overprice are watching their listings sit even in one of the hottest markets in Oakland County history.
| What Separates Winners from Waiters | Multiple Offers | Listing That Sits |
|---|---|---|
| Pricing strategy | Priced on 60-day sold comps | Priced on what seller wants |
| Photography | Professional photos and virtual tour | Smartphone photos |
| Marketing | MLS, social, digital ads, 15+ platforms | MLS only |
| Open house timing | Launch weekend — creates urgency | Whenever convenient |
💡 Pro Tip for Farmington Hills Sellers
Even in this market overpricing is the single most expensive mistake you can make. A home that sits accumulates days on market — and buyers interpret days on market as a signal that something is wrong. Price it right from day one and the market will reward you. Want to know what your Farmington Hills home is worth right now? Call me directly at 248-790-5594 for a free no-obligation valuation.
Farmington Hills Buyers — Speed and Preparation Win
I have watched buyers lose the home they wanted because they needed an extra day to think about it. In a market where well priced homes go pending in 6 days that extra day is often all it takes.
Here is what every Farmington Hills buyer needs before starting their search in Spring 2026:
- Full pre-approval from a Michigan lender — not a pre-qualification. Sellers will not consider offers without it.
- MLS alerts for your target neighborhoods — you need to know about new listings the moment they hit the market.
- Non-negotiables defined before you start touring — in a fast market you cannot discover your priorities while standing in someone's living room.
- Michigan Proposal A tax reset understood — your first year tax bill will be significantly higher than the seller's current bill. Always calculate the actual amount before budgeting.
- Same day decision readiness — with homes going pending in 6 days waiting until tomorrow often means losing the home.
⚠️ Michigan Proposal A — Every Farmington Hills Buyer Must Know This!
Michigan's Proposal A caps annual property tax increases for long-term owners — but that protection resets completely when a property sells. Your first year tax bill as a new owner will be significantly higher than what the previous owner paid. Always calculate your actual post-purchase tax bill before finalizing your budget. Never use the seller's current tax bill as your baseline.
💡 Pro Tip for Farmington Hills Buyers
Ask your agent about escalation clauses before your first offer goes in. An escalation clause automatically increases your offer up to a predetermined maximum if competing offers come in above yours — without requiring you to resubmit. In a multiple offer situation it can be the difference between winning and losing the home you want.
My Honest Take After 24 Years in Farmington Hills
Here is what most market summaries miss. When people see strong appreciation numbers and fast days on market they sometimes assume the market works the same for every home. It does not.
Well maintained well priced homes in strong Farmington Hills school districts are still generating multiple offers and going pending in days. Homes that are overpriced or carrying deferred maintenance are sitting longer even in this extraordinary market. The quality end of the market is intensely competitive. The bottom of the market has more breathing room.
💬 Tom Gilliam | RE/MAX Classic | Farmington Hills MI
"Do not let the strong market numbers lead you into overconfidence on either side. Buyers who show up without pre-approval lose homes. Sellers who overprice watch listings sit. The fundamentals of smart real estate never change regardless of how hot the market is."
The most valuable thing I can give any Farmington Hills buyer or seller right now is honest neighborhood-by-neighborhood insight — not county-wide averages. I know which specific streets are moving in days and where there is more room to negotiate. That local knowledge is the difference between winning and overpaying. For the complete guide visit Navigating the Farmington Hills Home Market in Spring 2026 — Homes2MoveYou.com
Recommended Reading
- Navigating the Farmington Hills Home Market in Spring 2026 — Homes2MoveYou.com
- Moving to Farmington Hills Michigan: The Complete 2026 Relocation Guide — Homes2MoveYou.com
- Best Suburbs Near Detroit — Oakland County Michigan 2026 Guide — Homes2MoveYou.com
- Selling Your Home in Oakland County Michigan — Complete 2026 Guide — Homes2MoveYou.com
Want to Know What Your Farmington Hills Home Is Worth Right Now?
Free no-obligation home valuation from your Farmington Hills neighbor and local real estate expert. 24 years of experience. 700+ successful transactions. Honest answers. Proven results.
Tom Gilliam | RE/MAX Classic | 29630 Orchard Lake Road, Farmington Hills MI 48334 | ABR | SRES | SFR | RE/MAX Hall of Fame | RE/MAX Lifetime Achievement | Top 1% Oakland County | 24 Years | 700+ Transactions | 248-790-5594 | Homes2MoveYou.com
