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Farmington, MI housing market: October 2026

In October 2026, 5 residential sales closed in Farmington, at a median price of $460,000, up 31.4% from October 2025. Days on market until sale: 15. 20 homes were for sale at the end of the month, 1.5 months of supply. 1 condo sold, at a median of $64,000.

Median sale price
$460,000
October 2025: $350,000 (+31.4%)
Closed sales
5
October 2025: 31 (−83.9%)
Days on market until sale
15
October 2025: 19 (−21.1%)
Months of supply
1.5
October 2025: 3.8 (−60.5%)

Residential sales, October 2026 against October 2025. From Realcomp's Local Market Update; sources below.

Every figure for October 2026

Residential
MeasureOctober 2025October 2026ChangeYear to date 2025Year to date 2026Change
New listings4110−75.6%261143−45.2%
Pending sales253−88.0%173118−31.8%
Closed sales315−83.9%159129−18.9%
Days on market until sale1915−21.1%1629+81.3%
Median sale price*$350,000$460,000+31.4%$352,000$360,000+2.3%
Average sale price*$347,126$475,000+36.8%$361,082$387,280+7.3%
Percent of list price received*99.7%97.4%−2.3%101.5%99.8%−1.7%
Homes for sale at month's end6020−66.7%–––
Months of supply3.81.5−60.5%–––
Condos
MeasureOctober 2025October 2026ChangeYear to date 2025Year to date 2026Change
New listings124−66.7%7854−30.8%
Pending sales74−42.9%5042−16.0%
Closed sales81−87.5%4342−2.3%
Days on market until sale32112+250.0%2644+69.2%
Median sale price*$291,000$64,000−78.0%$222,000$239,000+7.7%
Average sale price*$259,750$64,000−75.4%$265,415$231,094−12.9%
Percent of list price received*98.6%91.4%−7.3%97.9%98.9%+1.0%
Homes for sale at month's end199−52.6%–––
Months of supply3.61.8−50.0%–––

Source: Realcomp Local Market Update, Farmington, October 2026 (PDF), current as of November 6, 2026. All data from Realcomp II Ltd. Report © 2026 ShowingTime Plus, LLC.

* Does not account for sale concessions or down payment assistance. Percent changes are Realcomp's, calculated from rounded figures, and can look extreme where there are few sales. Residential and condo sales are counted apart.