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MI area data

Farmington hills, MI

Aggregated across 4 ZIP codes in Farmington hills.

Population: 92,689 (Census ACS)

Home values & appreciation

Median home value
$392,024
1-year appreciation
+2.8%
3-year appreciation
+11.8%
5-year appreciation
+24.1%
10-year appreciation
+75.5%
All-time peak (2026-07)
$392,026
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$408,513
Median list price
$424,375
Median days on market
15 days
Sale-to-list ratio
101.0%
Active listings
31
1-year forecast
+0.9%
Days to pending
22 days
New listings (monthly)
127

Rents

Typical rent
$1,560/mo
1-year rent change
+5.6%
1BR fair-market rent
$1,438/mo
3BR fair-market rent
$2,208/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
18
Elementary schools
9
Middle schools
3
High schools
6
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
coldWave, iceStorm, strongWind, tornado, heatWave
FEMA flood zone
C
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
48.0°F
Average high
58.0°F
Average low
38.0°F
Annual precipitation
35.4 in

Air quality

Air quality rating
Good
Median AQI (annual)
41
Days with Good air quality
193
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
7.2 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
4
Nearest national park
River Raisin National Battlefield Park (38 mi)
Nearest airport
Canton-Plymouth-Mettetal Airport (8 mi)
Nearest major airport
Oakland County International Airport (PTK) (11 mi)
Hospitals nearby (~15 mi)
23
Avg hospital rating
2.3 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-3,502 tax filers

Housing stock

Median year housing built
1,976
Median annual property tax
$5,299
Mean commute to work
19 min
Households with broadband internet
83.2%

Employment & development

Total county employment
680,690
Average weekly wage
$1,465
Top industries (by employment)
Health Care, Professional Services, Accommodation & Food
Annual residential building permits (county)
1,342

Area data compiled from public government, academic, and industry research feeds. Data sources →

ZIP codes in Farmington hills

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents