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Oakland County, Michigan

Mortgage Broker in Farmington Hills, MI

Local mortgage guidance for Farmington Hills buyers and homeowners, with options shopped across multiple wholesale lenders and one Michigan broker who stays with your file.

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  • Licensed loan originator, NMLS 1647301
  • 5.0 on Google, 128 reviews

Buying a home in Farmington Hills

Northwest Farmington Hills sits inside Oakland County's second-largest community, home to about 83,150 residents. This is a corner of metro Detroit where larger lots and newer subdivisions push values above the citywide line. It is also a serious jobs center: more than 3,500 businesses operate here, including the U.S. headquarters of Bosch, Mercedes-Benz Financial Services, TD Auto Finance, and Nissan's North American technical center. Buyers are drawn by the 211-acre Heritage Park, with its 4.5 miles of trails and roughly 750,000 visitors a year, plus the Holocaust Memorial Center and The Hawk community center. With a median household income near $104,836, buyers here tend to be dual-income professionals competing for a limited supply of move-up homes.

By the numbers

Farmington Hills housing and mortgage snapshot

Values move. Treat these as orientation and let us pull current figures for the address you are considering.

$385,000

Typical home value, from the market research on this page

+41%

Typical rise in taxable value the year after a home sells, 2026 Uncapping Study

1.64%

Property tax current owners pay, as a share of value. A buyer's bill can reset higher the year after a sale

4

Residential ZIP codes: 48331, 48334, 48335, 48336

What financing looks like in Farmington Hills

To comfortably carry the $385,000 median home, plan on a household income near $110,000 to $120,000, which keeps the full monthly payment within standard lending guidelines. Property taxes matter here: the effective rate is roughly 1.64% with a median annual bill near $4,564. Michigan caps taxable-value growth while you own, but the bill uncaps after a sale, so budget off a percentage of your purchase price rather than the seller's old tax line. First-time buyers should look at MSHDA down payment assistance and MI Home Loan products. At this price point most purchases stay within conforming limits, and even on the upper Ramblewood and Fairways homes a jumbo loan comes in only when the amount borrowed is above the 2026 conforming limit of $832,750.

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Nearly every Farmington Hills purchase fits well under the 2026 conforming limit of $832,750, so loan size is rarely the constraint.

Sub-markets

Farmington Hills housing market by ZIP code

Farmington Hills spans 4 residential ZIP codes, and they are different sub-markets.

ZIP 48331, near $385,000

Citywide the average home value runs about $385,000, up 2.3% year over year as of spring 2026. But 48331 is the higher end of town: listings and sales here commonly fall in the $400,000 to $470,000 range thanks to bigger lots and newer construction. The market is brisk. Redfin shows a median of roughly 15 to 17 days on market, and a sharply priced home can go pending in as few as 6 days, frequently with multiple offers. Demand is driven by the parks, the corporate employer base, and an easy commute to both Detroit and the Southfield office corridor.

ZIP 48334, near $368,000

The median sale price in ZIP 48334 sits around $368,000 per Redfin, up about 11.9% year over year, one of the steeper jumps in Metro Detroit. Citywide, Zillow pegs the average Farmington Hills home value near $385,000, up a more modest 2.3%. Speed is the real story: homes here are going under contract in roughly 11 days, down from 16 a year ago, and the broader city market scores around 88/100 for competitiveness. Demand is driven by the cluster of corporate employers, Farmington Public Schools, and easy I-696/M-10 access. Move-in-ready listings routinely draw multiple offers. Named areas: Kendallwood, Tanglewood, Colony Park.

ZIP 48335, near $385,000

The typical Farmington Hills home runs about $385,000 as of mid-2026, with 48335 listings clustering in the $375,000 to $390,000 band; recent sold-price data has hovered closer to $350,000 to $385,000 depending on the source (Zillow shows ZHVI up roughly +2.3% year over year, while Redfin recorded city sale prices off about 1.5% over three months). Speed is the real story: homes in 48335 are averaging around 12 days on market in 2026 (about 17 days city-wide), and well-priced listings can go pending in under a week. Limited inventory, proximity to major automotive and finance employers, and schools keep this a competitive seller's market. Named areas: Normandy Hills, Ramblewood / Ramble Hills, Old Homestead.

ZIP 48336, near $300,000

Within 48336 the typical home value sits around $300,000, Zillow pegs the ZIP average near $297,000, below the city's other ZIPs, while the broader Farmington Hills median runs roughly $350,000 to $385,000. Values are up about 2.3% year-over-year city-wide, with sources mixed between flat and slightly higher depending on the window. Speed is the headline: Farmington Hills homes average about 15 to 17 days on market, and well-priced 48336 listings can go under contract in as few as 6 days. Redfin scores the market near 88/100 for competitiveness. The mix of strong local employers, quick freeway access, and relative affordability versus the rest of the city keeps inventory moving fast. Named areas: Farmington Square, Downtown Farmington / Grand River corridor.

Where to look

Farmington Hills neighborhoods

Kendallwood

A large established subdivision of roughly 824 mid-century colonials, ranches, and tri-levels north of 12 Mile, west of Orchard Lake Road. Prices run about $250,000 to $475,000.

Tanglewood

Desirable single-family homes in the 14 Mile/Drake corridor near the golf-course district. Prices run about $300,000 to $550,000.

Colony Park

Mid-century to 1970s colonials in the city's eastern section. Prices run about $275,000 to $450,000.

Ramblewood Lake Estates

Condos popular with downsizers wanting lower maintenance. Prices run about $200,000 to $350,000.

Independence Green

Established condos and townhomes near 13 to 14 Mile, a solid first-buyer entry point. Prices run about $150,000 to $300,000.

Normandy Hills

A 117-home subdivision off Farmington Road north of Grand River, inside 48335; mostly ranches with some colonials, contemporaries, and split-levels. Prices run about $350,000 to $500,000.

Ramblewood / Ramble Hills

Established mid-century subdivisions on the western side of the city. Prices run about $350,000 to $550,000.

Old Homestead

A long-established neighborhood in the Farmington/Farmington Hills core. Prices run about $350,000 to $525,000.

Farmington Square

An established single-subdivision popular with first-time and move-up buyers. Prices run about $250,000 to $340,000.

Downtown Farmington / Grand River corridor

Older homes and condos within walking distance of downtown shops and the farmers market. Prices run about $220,000 to $350,000.

Schools and commute

Schools

Most of the ZIP is served by Farmington Public Schools, with much of 48331 feeding North Farmington High School (confirm your street's assignment, the district is not open-enrollment). 48334 is a patchwork of established subdivisions and low-maintenance condo communities, almost all served by Farmington Public Schools (North Farmington High among them); a small far-western sliver falls in Walled Lake Consolidated Schools, so confirm the boundary by address. Children across 48335 attend the Farmington Public School District, with Gill, Hillside, and Longacre elementaries inside the ZIP. 48336's appeal is its established subdivisions, each with its own character: Children here attend Farmington Public Schools (about 9,150 students), including North Farmington and Farmington high schools, with district offices on Shiawassee Rd in 48336.

Commute

Ramblewood is a gated community east of Halsted between 13 and 14 Mile, about 262 mostly-colonial 4 to 5 bedroom homes, typically $400,000 to $600,000+. Downtown Detroit is about 22 to 24 miles, a 28 to 35 minute drive via I-696 and M-10 (the Lodge).

Michigan property taxes

Farmington Hills 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 Hills, our 2026 Uncapping Study found taxable value typically rises about 41% the year after a sale. On a $375,000 home, near the typical Farmington Hills value, the first-year tax goes up roughly $2,350 at the Farmington schools rate most homes here pay. We build your payment on that post-sale number.

Looking at a Farmington Hills address? Our Michigan property tax calculator finds that property's published 2025 millage and works out the tax to plan for after you buy.

How Michigan taxable value works

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 Hills records yourself

The official offices behind the tax and school details on this page.

What our clients say

5.0 on Google across 128 reviews

★★★★★
Want to shout out Samantha for the expert guidance, made my first-time homebuyer experience seamless! It exceeded expectations and was a stress free process throughout. Grateful for all your help and loving my new home in Bloomfield Hills!
MichaelJuly 2026
★★★★★
Samantha Shelton is amazing!! She helped me get into my first home in Ferndale. The closing process was easy I was able to take care of everything without taking a day off of work. Being a first time homebuyer was stressful but she provided clear communication and true experience guidance throughout the entire process
Jeffery HolleyFebruary 2026
★★★★★
Can’t say enough great things about Samantha and her team at Align Lending! Highly recommend
Justin BartonJune 2024
★★★★★
As a first-time homebuyer in Ferndale, I was unsure of some things. Samantha was awesome. She was extremely helpful and made sure I understood every part of the process.
Peter RosaAugust 2026
Read all reviews on Google

Individual experiences. Results vary.

Farmington Hills 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 Hills 48331?

Citywide the average home value is about $385,000 (spring 2026, up 2.3% year over year). The 48331 ZIP in the northwest part of the city tends to run higher, with listings and sales commonly falling in the $400,000 to $470,000 range because of larger lots and newer subdivisions like Ramblewood and the Fairways. Entry points exist too: Saratoga Farms condos start around $320,000.

As of mid-2026, the median sale price in the 48334 ZIP code is around $368,000 per Redfin, up roughly 11.9% year over year. Citywide, the average Farmington Hills home value is about $385,000 (Zillow). Most established 48334 subdivisions trade between the high-$200,000s and mid-$500,000s depending on size, updates and street.

Very fast. Homes in the 48335 ZIP have been averaging around 12 days on market in 2026 (about 17 days city-wide), and well-priced listings can go under contract in under a week. It remains a competitive seller’s market with limited inventory, so getting pre-approved before you shop matters.

Current owners in 48336 pay an effective property tax rate of about 1.54% of value, versus an Oakland County average near 1.23%. The total homestead millage was roughly 43.18 mills, covering city, county, schools, library, transit, the zoo, and the DIA art millage.

Very competitive. Homes in 48334 are selling in about 11 days on average, down from 16 days a year earlier, and the broader Farmington Hills market scores around 88/100 for competitiveness. Well-priced, move-in-ready homes often see multiple offers, so buyers should be pre-approved before touring.

Plan on roughly $105,000 to $120,000 in household income to comfortably carry the $385,000 median; the exact figure depends on your down payment, rate and other debts, and Samantha can work it out for your situation. The local median household income is about $104,800, so the median home is within reach for typical dual-income households. Putting less down raises the income you’ll need.

Downtown Detroit is about 23 miles away, a roughly 28 to 35 minute drive via M-10 (the Lodge Freeway) or I-696 to I-75 outside of rush hour. SMART regional buses are available for those who prefer transit, running about 45 minutes. The city’s freeway access and proximity to major employers make it a popular choice for Detroit-area commuters.

Farmington Public Schools serves the 48336 area and most of Farmington Hills. The district enrolls about 9,150 students and includes North Farmington and Farmington high schools, three middle schools, nine elementary schools, and a K-8 STEAM school. Its administrative offices are on Shiawassee Rd in 48336.

Communities near Farmington Hills

Oakland County overview

Guides for Farmington Hills buyers

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Loan options

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Tell Samantha what you are trying to do in Farmington Hills and she will tell you what actually matters for your situation, including whether the timing is right.

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    You leave with a plan

    Your options, the tradeoffs, and your next step. No obligation to go further.

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.

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