Farmington Housing Information - Census

Median home price$165,800$127,800$184,700
Median rent asked$944$799$949
Avg. people per household2.22.52.6
Owner occupied households58.3%70.8%63.6%
Renter occupied households41.7%29.2%36.4%

Farmington Housing Information - Zillow

Zillow home value index$216,053$138,747$213,146
Year over year appreciation rate14.48%6.77%8.00%
5 year average appreciation rate9.80%9.24%6.57%
10 year average appreciation rate3.09%2.11%1.33%

Did you know?

  • The median home price in Farmington is 10% 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 15% 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.
Highland Park, MI10,978$32,60082%
River Rouge, MI7,609$35,60081%
Ecorse, MI9,270$39,60079%
Inkster, MI24,738$45,00076%
Hazel Park, MI16,587$51,20072%
Farmington, MI10,526$165,80010%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Maynard, MA10,526$327,60077%
Harrison, OH10,522$139,50024%
Milford, DE10,532$174,9005%
Jefferson, LA10,532$169,5008%
Royse City, TX10,532$142,40023%
Farmington, MI10,526$165,80010%
Source: The Farmington, MI housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.