Schools
All of 48335 is served by Farmington Public Schools, including Farmington High School.
Oakland County, Michigan
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Buying a home in Farmington
Farmington is a small, walkable inner-ring suburb on the Rouge River in southwest Oakland County, home to about 11,540 residents and a median household income near $97,750. Its center is Historic Downtown Farmington along Grand River Avenue, a 19th-century main street of roughly 160 shops with the 1867 Governor Warner Mansion, the long-running Farmington Civic Theater and Riley Park, where the Saturday farmers market sets up. Most paychecks come from outside the city: Corewell Health, the nearby Robert Bosch North American campus and the Farmington Hills, Southfield and Novi job centers, all an easy run on I-696 and M-10.
The housing sits on mature, tree-lined streets and subdivisions, and Farmington's two ZIPs price differently. Typical values run near $251,000 in 48336, while 48335, which also takes in part of Farmington Hills, sits around $362,000 by Zillow's measure, with recent Redfin median sales closer to $374,000. Larger, updated homes push the citywide median sale price toward $330,000. Inventory is thin, and well-priced homes typically go pending in about 20 to 22 days, so multiple offers are common.
By the numbers
Farmington housing and mortgage snapshot
Values move. Treat these as orientation and let us pull current figures for the address you are considering.
$330,000
Typical home value, from the market research on this page
+43%
Typical rise in taxable value the year after a home sells, 2026 Uncapping Study
1.39%
Property tax current owners pay, as a share of value. A buyer's bill can reset higher the year after a sale
2
Residential ZIP codes: 48335, 48336
What financing looks like in Farmington
To comfortably carry the $365,000 median home you'll want roughly $105,000 to $120,000 in household income under standard lending guidelines, a touch above Farmington's $97,750 median, so a larger down payment or co-borrower helps. Budget for property taxes: Farmington's effective rate is about 1.39%, above Michigan's about 1.05% median, with Farmington Public Schools millage near 36.8 mills homestead / 49.3 non-homestead; Samantha's planning number on a $365,000 home at 36.8 mills is about $6,700 a year (half the price times the homestead millage), because the year after a sale taxable value resets to half of the assessor's estimate of market value. First-time buyers should explore MSHDA down-payment assistance. Most 48335 prices sit comfortably under conforming loan limits, so conventional and FHA financing fit the bulk of this market; a jumbo loan comes in only when the amount borrowed is above the conforming limit.
Nearly every Farmington purchase fits well under the 2026 conforming limit of $832,750, so loan size is rarely the constraint.
Sub-markets
Farmington housing market by ZIP code
Farmington spans 2 residential ZIP codes, and they are different sub-markets.
ZIP 48335, near $362,000
The typical home in 48335 is valued around $362,000 per Zillow, with recent Redfin median sale prices closer to $374,000. Zillow pegs year-over-year appreciation near +14.3% and projects another roughly 13% ahead, but the picture is volatile, a recent Redfin monthly reading swung -17%, so treat the YoY figure as directional, not precise. Speed is the real story: homes typically go pending in about 20 days, and some listings sell near 4% over asking and go under contract in roughly 9 days. The pull of a preserved historic downtown, mature tree-lined subdivisions, and schools keeps inventory tight and competition steady throughout 48335. Named areas: Downtown Farmington / Historic District, Quakertown, Farmington Oaks.
ZIP 48336, near $251,000
The typical home in ZIP 48336 sits around $251,000 per Zillow, up a striking 16.2% year over year, making this one of Farmington's more attainable pockets, even as city-wide median sale prices climb toward $330,000 for larger, updated homes. Inventory is thin, often only a couple dozen active listings, and well-priced properties move fast: Farmington averages about 22 days on market in 2026, with adjacent Farmington Hills tighter still near 17 days. Demand is driven by the walkable downtown core, mature tree-lined streets, the Farmington Public Schools district and quick freeway access to Metro Detroit jobs. Multiple-offer situations are common, so full pre-approval before you shop is essential. Named areas: Glen Orchard, Green Valley Estates, Chatham Hills.
Where to look
Farmington neighborhoods and nearby
Downtown Farmington / Historic District
Walkable bungalows and historic homes steps from the main street, shops, and Civic Theater. Prices run about $250,000 to $450,000.
Quakertown (in Farmington Hills)
An established near-downtown pocket of modest single-family homes. Prices run about $200,000 to $350,000.
Farmington Oaks
A popular subdivision of mid-century and updated houses. Prices run about $300,000 to $500,000.
Glen Orchard (in Farmington Hills)
A mid-20th-century subdivision built on a former apple orchard, some yards still have the apple trees. Prices run about $240,000 to $350,000.
Brookdale
(about $130,000 to $220,000, condos): a 1964 mid-rise condo community of about 104 units, the city's entry-level price point.
Strathmore / Chatham Hills (in Farmington Hills)
Desirable subdivisions along the Farmington/Farmington Hills edge of 48335. Prices run about $325,000 to $525,000.
Green Valley Estates (in Farmington Hills)
A 143-home subdivision of cape cod, contemporary and colonial homes with a park-like setting, hardwood floors and mature trees. Prices run about $280,000 to $420,000.
Chatham Hills
A quiet, well-maintained neighborhood with mature streets and strong owner-occupancy. Prices run about $250,000 to $380,000.
Floral Park
An established near-downtown pocket of modest ranches and bungalows popular with first-time buyers. Prices run about $220,000 to $320,000.
Schools and commute
Commute
Downtown Detroit is about 22 miles southeast, roughly a 30 to 45 minute drive via I-696, M-5, and I-96.
Michigan property taxes
Farmington property taxes after you buy
The year after a Michigan home sells, its taxable value resets to half of the assessor's market value, so the seller's tax bill is not your tax bill.
In the City of Farmington, our 2026 Uncapping Study found taxable value typically rises about 43% the year after a sale. On a $325,000 home, near the typical Farmington value, the first-year tax goes up roughly $2,170 at the Farmington schools rate. We build your payment on that post-sale number.
Looking at a Farmington address? Our Michigan property tax calculator finds that property's published 2025 millage and works out the tax to plan for after you buy.
In Samantha's words
I'd much rather somebody ask me, "Why are your taxes higher than what I'm seeing online?" than have them build a housing budget around the wrong assumption.
Local resources
Check Farmington records yourself
The official offices behind the tax and school details on this page.
- City of Farmington Assessing Department, for parcel records and current taxable value
- Farmington Public Schools, for district boundaries and enrollment
- Oakland County Treasurer, property taxes, for county property tax records
What our clients say
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Individual experiences. Results vary.
Farmington mortgage questions
If yours is not here, ask it on the call. There are no dumb questions.
What is the median home price in Farmington, MI 48335?
As of 2026 the typical home value in 48335 is around $362,000 per Zillow, with recent Redfin median sale prices near $374,000. Entry-level condos (for example in the Brookdale community) can start in the low $100,000s, while larger single-family homes in subdivisions like Farmington Oaks or Glen Orchard can run $400,000 and up.
How fast are homes selling in the 48335 ZIP code?
Quickly. The 48335 market is very competitive: homes typically go pending in about 20 days and sell near list price, while ‘hot’ homes can sell about 4% over list and go pending in roughly 9 days. Buyers should be prepared to move fast and get pre-approved before touring.
What are the property taxes like in Farmington, MI?
Farmington’s median effective property tax rate is about 1.39%, higher than Michigan’s statewide median of roughly 1.05%. For Farmington Public Schools, total millage runs about 36.8 mills on a homestead (primary residence) and around 49.3 mills non-homestead. On a roughly $365,000 home Samantha plans for about $6,700 a year (half the price times 36.8 homestead mills), because Michigan’s cap on taxable-value increases lasts only while one owner holds the home: the year after a sale taxable value resets to half of the assessor’s estimate of market value.
How much income do I need to buy a median-priced home in 48335?
Plan on roughly $105,000 to $120,000 in household income to comfortably carry the $365,000 median home under standard debt-to-income limits, depending on your down payment and rate. That’s slightly above Farmington’s median household income of $97,750, so a larger down payment or a co-borrower helps. First-time buyers may qualify for MSHDA down-payment assistance to bridge the gap.
What school district serves Farmington 48335?
Homes in 48335 are served by Farmington Public Schools, which operates schools including Farmington High School and is one of the area’s largest employers. The district placed a regional enhancement millage on the August 4, 2026 ballot, worth factoring into your long-term tax estimate when buying here.
Are there first-time-buyer programs that work here?
Yes. Buyers in Farmington can use MSHDA (Michigan State Housing Development Authority) down-payment assistance, plus FHA and conventional loans with low down payment options. The 48336 area’s mix of starter-friendly neighborhoods like Floral Park and Glen Orchard, with homes in the $220,000s-$330,000s, pairs well with these programs. Ask us to run both FHA and conventional scenarios.
What’s the commute from Farmington to downtown Detroit?
Farmington sits about 22 miles northwest of downtown Detroit, roughly a 30 to 45 minute drive via I-696, M-5, and I-96 depending on traffic. Many residents also commute to nearby job centers in Southfield, Novi, and Ann Arbor, and the Bosch and Mercedes-Benz Financial campuses are minutes away in Farmington Hills.
Communities near Farmington
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Align Lending LLC, NMLS #2041154. Samantha Shelton, NMLS 1647301. Equal Housing Opportunity. Licensed in Michigan, Ohio, North Carolina, Florida, Louisiana and Texas. Figures on this page are market research for orientation, not a quote. This page is for educational purposes only. It is not a credit decision, a preapproval, a commitment to lend, or an offer of credit.
