Farmington, MI

Real estate in Farmington, Michigan is a hot commodity. The city has seen an influx of people and businesses in recent years, which has led to an increase in real estate prices. There are a number of reasons why this is the case. First, Farmington is located in one of the most prosperous regions of the country. Second, the city has a strong economy and a high level of employment. Finally, there is a lot of demand for housing due to the influx of people and businesses.

The average price for residential property in Farmington was $269,000 as of September 2017. This represents an increase from $224,000 during the same period last year. The median price for residential property was $248,000 as of September 2017. This indicates that there are a number of properties available for purchase but that there is also some competition among buyers.

The average price for commercial property was $1 million as of September 2017. This represents an increase from $895,000 during the same period last year. The median price for commercial property was $950,000 as of September 2017. This indicates that there are a number of properties available for purchase but that there is also some competition among buyers