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%
Effective property tax rate, as a share of value
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-$120,000 in household income, assuming 10-20% down, a rate near 6.8%, and a 28% front-end DTI, 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 ~1.05% median, with Farmington Public Schools millage near 36.8 mills homestead / 49.3 non-homestead, roughly $5,000 a year on a median home. 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, with jumbo only relevant on higher-end Strathmore or Glen Orchard homes.
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 the most coveted 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 strong 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 strong 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
Downtown Farmington / Historic District
(~$250,000-$450,000): walkable bungalows and historic homes steps from the main street, shops, and Civic Theater.
Quakertown
(~$200,000-$350,000): an established near-downtown pocket of modest single-family homes.
Farmington Oaks
(~$300,000-$500,000): a popular subdivision of mid-century and updated houses.
Glen Orchard
(~$240,000 to $350,000): A mid-20th-century subdivision built on a former apple orchard, some yards still have the apple trees.
Brookdale
(~$130,000-$220,000, condos): a 1964 mid-rise condo community of about 104 units, the city's entry-level price point.
Strathmore / Chatham Hills
(~$325,000-$525,000): desirable subdivisions along the Farmington/Farmington Hills edge of 48335.
Green Valley Estates
(~$280,000-$420,000): A 143-home subdivision of cape cod, contemporary and colonial homes with a park-like setting, hardwood floors and mature trees.
Chatham Hills
(~$250,000-$380,000): A quiet, well-maintained family neighborhood with mature streets and strong owner-occupancy.
Floral Park
(~$220,000-$320,000): An established near-downtown pocket of modest ranches and bungalows popular with first-time buyers.
Schools and commute
Commute
Downtown Detroit is about 22 miles southeast, roughly a 30-45 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: roughly $2,010 more in first-year tax on a $300,000 home at the local homestead millage. We build your payment on that post-sale number.
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 the most desirable ‘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 ~$365,000 home that’s roughly $5,000 a year, though Michigan caps annual taxable-value increases for owners who stay in their home.
How much income do I need to buy a median-priced home in 48335?
Plan on roughly $105,000-$120,000 in household income to comfortably afford the ~$365,000 median home, assuming about 10-20% down, a rate near 6.8%, and standard 28% front-end debt-to-income limits. 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 loans (3.5% down) and conventional 3%-down 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 your lender 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 30-45 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
Oakland County overviewTalk with a local mortgage expert
Tell Samantha what you are trying to do in Farmington and she will tell you what actually matters for your situation, including whether the timing is right.
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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.
