Farmington Hills (48331) has an estimated 21,503 residents with 21,480 of those people in approximately 8,387 housing units. The 48331 zipcode contains 4,926 housing units that are owned with a mortgage or a loan, 1,687 housing units that are owned free and clear and 1,774 housing units that are renter occupied.

In Farmington Hills (48331) the median listing price of $354,950 has grown by $5,500 since 2018-10.

In 2018 the average percentage drop was 2.78% of original listing price.

35 homes were sold in 2018-11 in FarmingtonHills, MI (48331).
This monthly number has grown by 6 from the previous month.

Zip code 48331 is in the Detroit-Warren-Dearborn metropolitan area.
The median estimated home value in Farmington Hills, MI (48331) is $314,800 as of 2018-10-31

In Farmington Hills, MI (48331), values have declined by -0.02 from when they peaked at $321,100 in 2005-Q3

The Zillow Market Health Index for Farmington Hills, MI (48331) is 5.80. The corresponding state value is 6.27. This is lower than the overall Market Health Index of Michigan.
Metro value is 4.41.
This is higher than the overall Market Health Index of Detroit-Warren-Dearborn.