Farmington Housing Information - Census

IndexFarmingtonMichiganNational
Median home price$152,600$120,200$175,700
Median rent asked$910$780$920
Avg. people per household2.22.52.6
Owner occupied households59.3%71.5%64.4%
Renter occupied households40.7%28.5%35.6%

Farmington Housing Information - Zillow

IndexFarmingtonMichiganNational
Zillow home value index$179,100$126,100$188,100
Year over year appreciation rate4.37%5.88%5.14%
5 year average appreciation rate8.47%6.88%4.12%
10 year average appreciation rate-0.89%-1.03%-0.33%

Did you know?

  • The median home price in Farmington is 13% lower than the national average.
  • The median rent asked in Farmington is 1% lower than the national average.
  • The average number of people per household in Farmington is 16% lower than the national average.
  • The number of owner occupied households in Farmington is 8% lower than the national average.
  • The number of renter occupied households in Farmington is 14% higher than the national average.

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Compare Farmington, MI Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
River Rouge, MI7,761$36,80079%
Highland Park, MI10,951$39,10078%
Ecorse, MI9,401$39,20078%
Hazel Park, MI16,532$49,10072%
Inkster, MI25,056$51,70071%
Farmington, MI10,472$152,60013%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Fairmont, MN10,474$113,50035%
Exeter, CA10,468$159,5009%
Summerfield, NC10,477$335,70091%
Wyomissing, PA10,467$220,40025%
Wood River, IL10,477$89,10049%
Farmington, MI10,472$152,60013%
Source: The Farmington, MI housing data displayed above is derived from the United States Census Bureau and Zillow data.