Farmington Hills, MI Real Estate
Farmington Hills is a city in Oakland County, Michigan with a population of about 83,316. The median home value is near $333,200, and median rent runs around $1,475/mo.
Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.
Median Home Value
$333,200
Median Rent
$1,475/mo
Population
83,316
Median Income
$101,863
Median Age
41.4
Homeownership
64%
Monthly payment on a median Farmington Hills home
Example for a $333,200 home: 20% down, 30-yr at ~6.75%, MI property tax ~1.48%, 0.4% insurance.
Est. monthly (PITI)
$2,251
Principal & interest
$1,729
Property tax / mo
$411
Down payment (20%)
$66,640
Farmington Hills at a glance
- 30.5% of residents 25+ hold a bachelor's degree or higher.
- 64% of occupied homes are owner-occupied.
- Median household income is $101,863.
- Always verify the assigned school district, flood zone, and HOA for a specific address before signing.
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