The median home in Farmington, Michigan is valued at $313,913, up 3.4% year over year. Farmington is part of the Detroit-Warren-Dearborn, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
See the full metro analysis: Detroit-Warren-Dearborn, MI stress score, crash risk, and 12-month forecast →
Home Value$313,913
+3.4%
AFFORDABILITY6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Enter your income for Farmington.
$62,783 on $313,913
Stretch — 34% of income
Above 28% but manageable with cuts.
PITI$2,124
P/I34%
Afford$259K
Gap-$55K
P&I $1,587Tax $403Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
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Full Detroit-Warren-Dearborn, MI analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Detroit-Warren-Dearborn, MI metro.
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