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Farmington Hills city, MI

ZIP 48336 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48336

Median Home Value
$247,600
Median Rent
$1,029
Affordability Snapshot
$68,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,591/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

20.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 48336 in Farmington Hills city, MI, a household would need roughly $68,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,591. That sits below the local median household income ($85,325), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
72.7%+11% vs US avg
x
Vacancy Rate
5.9%-43% vs US avg
x
Broadband Access
90.7%+4% vs US avg
x
4+ Bedrooms
2.3%-85% vs US avg
x
Built Pre-1939
5.4%-57% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
20.7%-58% vs US avg
x
Mortgage-Free
33.1%-13% vs US avg
x
$247,600
Home Value
$1,029
Rent
1967
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached66.2%
  • 1-unit attached2.9%
  • 2-9 units13.0%
  • 10+ units13.3%
  • Mobile home & other4.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$247,600
Median rent$1,029
Owner-occupied72.7%
Vacant5.9%
Price-to-income2.9x
Est. income to buy$68,000