The median home value in Farmington, MI is $341,100. This is higher than the county median home value of $304,600. The national median home value is $338,100. The average price of homes sold in Farmington, MI is $341,100. Approximately 60.72% of Farmington homes are owned, compared to 34.45% rented, while 4.82% are vacant. Farmington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Farmington real estate agent to arrange a tour today!
Farmington, Michigan 48331 has a population of 83,749. Farmington 48331 is less family-centric than the surrounding county with 31.76% of the households containing married families with children. The county average for households married with children is 32.55%.
The median household income in Farmington, Michigan 48331 is $93,434. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Farmington 48331 is 42.1 years.
The average high temperature in July is 82.8 degrees, with an average low temperature in January of 16.1 degrees. The average rainfall is approximately 32.6 inches per year, with 39.1 inches of snow per year.