30074 W 12 Mile Rd #114 · Farmington Hills, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 2/10 · Minimal
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +16.3/30.0
- ARV discount +15.0/15.0
- 1% rule +7.1/10.0
- DSCR +5.1/10.0
- Schools +4.6/10.0
- Livability +4.0/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$114,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to this beautifully maintained and move-in ready condo in the desirable Twelfth Estate community! This spacious 1-bedroom, 1-bath unit offers an open and functional floor plan with abundant natural light, a generous living area, and convenient in-unit laundry. The kitchen includes all appliances (new fridge 2025) and flows seamlessly into the dining/living space - perfect for comfortable everyday living or entertaining. Enjoy assigned carport parking plus private storage. Community amenities include a swimming pool, tennis courts, basketball court, and professionally maintained park-like grounds. HOA covers water, exterior maintenance, snow removal, and grounds care for truly low-maintenance living. Ideally located near shopping, dining, and major expressways for easy commuting. A fantastic opportunity for homeowners or investors alike!
Key facts
- $190 HOA
- Built 1981
- Listed 32 days
Property features AI
Finance
- Other: Pets allowed (cats and dogs permitted)
- HOA & community: Monthly association fee of $190; Association maintains grounds
Exterior
- Parking: Covered assigned parking; No garage
- Security: Building security; Smoke detectors
- Utilities: Public water; Public sewer; Underground utilities
- Home design: Condominium; Residential property; One level; Ground-level entry
- Construction: Brick construction; Asphalt roof; Slab foundation; Built area above grade: 907
- Exterior features: Balcony; Basketball court; Tennis court(s); Exterior lighting; Paved road access
Interior
- Kitchen: Dishwasher; Disposal; Free-standing electric range
- Bathrooms: 1 full bathroom
- Heating & cooling: Forced air heating (natural gas); No central cooling
- Interior features: Unfurnished; Intercom; Building security; Smoke detectors
- Laundry & utility: Washer; Dryer; Gas water heater
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $115k.
Deal economics
- At list price, monthly cash flow is $64 ($764/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $115k).
- Recommended offer: $111k (3.0% below list) — sets the bar for market timing.
- Cap rate 7.0% vs local median 3.5% in Farmington Hills — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 81/100 on livability (#64 in MI, #1,364 nationally) — a professional / high-income tenant draw. Strengths: employment A+, housing A+, crime A; Watch: amenities D, health & safety F.
- Farmington Public School District (urban): math 45% / reading 58% proficiency, ranked #78 of 540 in MI (top 14%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 19% free/reduced lunch — higher-income household profile.
- Market conditions: 88 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).
- This rent is only 16% of the median local income ($102k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $794 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- It's been on market 32 days — a 3% lower offer ($111k) is reasonable based on typical stale-listing flexibility.
- 11 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Questions for the listing agent
- It's been on market 32 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.21% ✓
- Cap rate
- 6.96%
- Cash-on-cash
- 2.38%
- DSCR
- 1.11
- GRM
- 6.9
CMA / ARV
- ARV (median comp)
- $138,631
- List price
- $114,900
- Delta
- -17.12%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- -12.4%
- Equity multiple
- 0.55×
- Total profit
- $-14,393
- Equity at exit
- $17,132
- IRR
- -3.0%
- Equity multiple
- 0.79×
- Total profit
- $-6,622
- Equity at exit
- $9,934
Cash invested: $32,172 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 62 Landlord-Friendly
- State Michigan
- 62 Landlord-Friendly · EVEN
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 48334
- Active inventory
- 88
- Price-to-rent
- 6.9×
Monthly cashflow live
- Estimated rent
- $1,391 high interval (Pro) →
- Mortgage (P&I)
- −$603
- Tax from tax record
- −$195 /mo · $2,341/yr
- Insurance
- −$48
- HOA
- −$190
- Vacancy / Maint / Mgmt
- −$292
- Net cashflow
- $64
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $28,725
- Closing costs
- $3,447
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 7 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 27991 Rollcrest Rd #1 Farmington Hills, MI | 2.0 | 1.0 | 922 | $1,600 | $1.74 | 43d | 1 | 0.08mi |
| 30250 W 12 Mile Rd Unit B102 Farmington Hills, MI | 1.0 | 1.0 | 842 | $1,120 | $1.33 | 24d | 1 | 0.08mi |
| 27600 Cordoba Dr Farmington Hills, MI | 1.0–2.0 | 1.0 | 764 | $1,342 | $1.76 | 1d | 18 | 0.17mi |
| 27517 Gateway Dr E Farmington Hills, MI | 1.0–2.0 | 1.0–2.0 | 987 | $1,439 | $1.46 | 17d | 80 | 0.37mi |
| 31993 W 12 Mile Rd Farmington Hills, MI | 1.0 | 1.0 | 901 | $1,100 | $1.22 | 3d | 1 | 0.84mi |
| 32005 W 12 Mile Rd #203 Farmington, MI | 1.0 | 1.0 | 876 | $1,250 | $1.43 | 44d | 1 | 0.85mi |
| 32005 W 12 Mile Rd Farmington Hills, MI | 1.0 | 1.0 | 731 | $1,224 | $1.68 | 12d | 2 | 0.86mi |
HOA detail condo
- Monthly dues
- $190 · $2,280/yr
- Likely covers
- waterlandscapingsnow removalexterior maint.pool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 41 events
-
2026-06-18days on market $114,900 Active 32 DOM
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2026-06-17days on market $114,900 Active 31 DOM
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2026-06-16days on market $114,900 Active 30 DOM
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2026-06-15days on market $114,900 Active 29 DOM
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2026-06-13days on market $114,900 Active 27 DOM
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2026-06-13days on market $114,900 Active 26 DOM
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2026-06-09days on market $114,900 Active 23 DOM
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2026-06-08days on market $114,900 Active 22 DOM
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2026-06-07days on market $114,900 Active 21 DOM
-
2026-06-04days on market $114,900 Active 18 DOM
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2026-06-02days on market $114,900 Active 16 DOM
-
2026-06-01status $114,900 Active 15 DOM
Show marketing remark (856 chars)
Welcome to this beautifully maintained and move-in ready condo in the desirable Twelfth Estate community! This spacious 1-bedroom, 1-bath unit offers an open and functional floor plan with abundant natural light, a generous living area, and convenient in-unit laundry. The kitchen includes all appliances (new fridge 2025) and flows seamlessly into the dining/living space - perfect for comfortable everyday living or entertaining. Enjoy assigned carport parking plus private storage. Community amenities include a swimming pool, tennis courts, basketball court, and professionally maintained park-like grounds. HOA covers water, exterior maintenance, snow removal, and grounds care for truly low-maintenance living. Ideally located near shopping, dining, and major expressways for easy commuting. A fantastic opportunity for homeowners or investors alike!
-
2026-05-09$114,900 Active 909-char remark
Show marketing remark (856 chars)
Welcome to this beautifully maintained and move-in ready condo in the desirable Twelfth Estate community! This spacious 1-bedroom, 1-bath unit offers an open and functional floor plan with abundant natural light, a generous living area, and convenient in-unit laundry. The kitchen includes all appliances (new fridge 2025) and flows seamlessly into the dining/living space - perfect for comfortable everyday living or entertaining. Enjoy assigned carport parking plus private storage. Community amenities include a swimming pool, tennis courts, basketball court, and professionally maintained park-like grounds. HOA covers water, exterior maintenance, snow removal, and grounds care for truly low-maintenance living. Ideally located near shopping, dining, and major expressways for easy commuting. A fantastic opportunity for homeowners or investors alike!
-
2026-05-09$114,900 Active 913-char remark
Show marketing remark (856 chars)
Welcome to this beautifully maintained and move-in ready condo in the desirable Twelfth Estate community! This spacious 1-bedroom, 1-bath unit offers an open and functional floor plan with abundant natural light, a generous living area, and convenient in-unit laundry. The kitchen includes all appliances (new fridge 2025) and flows seamlessly into the dining/living space - perfect for comfortable everyday living or entertaining. Enjoy assigned carport parking plus private storage. Community amenities include a swimming pool, tennis courts, basketball court, and professionally maintained park-like grounds. HOA covers water, exterior maintenance, snow removal, and grounds care for truly low-maintenance living. Ideally located near shopping, dining, and major expressways for easy commuting. A fantastic opportunity for homeowners or investors alike!
-
2026-05-03historical $114,900 909-char remark
Show marketing remark (856 chars)
Welcome to this beautifully maintained and move-in ready condo in the desirable Twelfth Estate community! This spacious 1-bedroom, 1-bath unit offers an open and functional floor plan with abundant natural light, a generous living area, and convenient in-unit laundry. The kitchen includes all appliances (new fridge 2025) and flows seamlessly into the dining/living space - perfect for comfortable everyday living or entertaining. Enjoy assigned carport parking plus private storage. Community amenities include a swimming pool, tennis courts, basketball court, and professionally maintained park-like grounds. HOA covers water, exterior maintenance, snow removal, and grounds care for truly low-maintenance living. Ideally located near shopping, dining, and major expressways for easy commuting. A fantastic opportunity for homeowners or investors alike!
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2025-04-11historical $1,300
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2025-03-25$1,300
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2025-03-25historical $1,300
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2025-01-23$1,300
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2025-01-23historical $1,300
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2025-01-22$1,300
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2023-05-08soldstatus $119,000
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2023-05-02soldstatus $119,000 Sold
Show marketing remark (883 chars)
This is a great opportunity to have your own place for a great price! 2nd story condo with in-unit laundry including the washer & dryer. Just installed new carpeting and professionally painted 2023. The galley kitchen has new flooring and includes stove (4 yrs) fridge (8 yrs), dishwasher (4yrs) with new faucet and disposal. Dining area with chandelier. Living room with sliding door to a balcony overlooking the courtyard. Spacious bedroom features a walk-in closet. Bath has ceramic tiled floor and tub surround. Additional storage closet. Furnace & Central Air Unit (5 yrs). Hot water tank (10 yrs) Low association dues $190/mo includes water, trash and exterior maintenance. No pets allowed. Community has a pool, tennis and basketball courts. Conveniently located across from the The Hawk community center and close distance to restaurants, shopping and expressway.
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2023-05-02soldstatus $119,000 Closed
Show marketing remark (883 chars)
This is a great opportunity to have your own place for a great price! 2nd story condo with in-unit laundry including the washer & dryer. Just installed new carpeting and professionally painted 2023. The galley kitchen has new flooring and includes stove (4 yrs) fridge (8 yrs), dishwasher (4yrs) with new faucet and disposal. Dining area with chandelier. Living room with sliding door to a balcony overlooking the courtyard. Spacious bedroom features a walk-in closet. Bath has ceramic tiled floor and tub surround. Additional storage closet. Furnace & Central Air Unit (5 yrs). Hot water tank (10 yrs) Low association dues $190/mo includes water, trash and exterior maintenance. No pets allowed. Community has a pool, tennis and basketball courts. Conveniently located across from the The Hawk community center and close distance to restaurants, shopping and expressway.
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2023-03-24status Pending
Show marketing remark (883 chars)
This is a great opportunity to have your own place for a great price! 2nd story condo with in-unit laundry including the washer & dryer. Just installed new carpeting and professionally painted 2023. The galley kitchen has new flooring and includes stove (4 yrs) fridge (8 yrs), dishwasher (4yrs) with new faucet and disposal. Dining area with chandelier. Living room with sliding door to a balcony overlooking the courtyard. Spacious bedroom features a walk-in closet. Bath has ceramic tiled floor and tub surround. Additional storage closet. Furnace & Central Air Unit (5 yrs). Hot water tank (10 yrs) Low association dues $190/mo includes water, trash and exterior maintenance. No pets allowed. Community has a pool, tennis and basketball courts. Conveniently located across from the The Hawk community center and close distance to restaurants, shopping and expressway.
-
2023-03-24status Pending
Show marketing remark (883 chars)
This is a great opportunity to have your own place for a great price! 2nd story condo with in-unit laundry including the washer & dryer. Just installed new carpeting and professionally painted 2023. The galley kitchen has new flooring and includes stove (4 yrs) fridge (8 yrs), dishwasher (4yrs) with new faucet and disposal. Dining area with chandelier. Living room with sliding door to a balcony overlooking the courtyard. Spacious bedroom features a walk-in closet. Bath has ceramic tiled floor and tub surround. Additional storage closet. Furnace & Central Air Unit (5 yrs). Hot water tank (10 yrs) Low association dues $190/mo includes water, trash and exterior maintenance. No pets allowed. Community has a pool, tennis and basketball courts. Conveniently located across from the The Hawk community center and close distance to restaurants, shopping and expressway.
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2023-03-20price $119,500
Show marketing remark (883 chars)
This is a great opportunity to have your own place for a great price! 2nd story condo with in-unit laundry including the washer & dryer. Just installed new carpeting and professionally painted 2023. The galley kitchen has new flooring and includes stove (4 yrs) fridge (8 yrs), dishwasher (4yrs) with new faucet and disposal. Dining area with chandelier. Living room with sliding door to a balcony overlooking the courtyard. Spacious bedroom features a walk-in closet. Bath has ceramic tiled floor and tub surround. Additional storage closet. Furnace & Central Air Unit (5 yrs). Hot water tank (10 yrs) Low association dues $190/mo includes water, trash and exterior maintenance. No pets allowed. Community has a pool, tennis and basketball courts. Conveniently located across from the The Hawk community center and close distance to restaurants, shopping and expressway.
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2023-03-20price $119,500
Show marketing remark (883 chars)
This is a great opportunity to have your own place for a great price! 2nd story condo with in-unit laundry including the washer & dryer. Just installed new carpeting and professionally painted 2023. The galley kitchen has new flooring and includes stove (4 yrs) fridge (8 yrs), dishwasher (4yrs) with new faucet and disposal. Dining area with chandelier. Living room with sliding door to a balcony overlooking the courtyard. Spacious bedroom features a walk-in closet. Bath has ceramic tiled floor and tub surround. Additional storage closet. Furnace & Central Air Unit (5 yrs). Hot water tank (10 yrs) Low association dues $190/mo includes water, trash and exterior maintenance. No pets allowed. Community has a pool, tennis and basketball courts. Conveniently located across from the The Hawk community center and close distance to restaurants, shopping and expressway.
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2023-02-24$122,500 Active
Show marketing remark (883 chars)
This is a great opportunity to have your own place for a great price! 2nd story condo with in-unit laundry including the washer & dryer. Just installed new carpeting and professionally painted 2023. The galley kitchen has new flooring and includes stove (4 yrs) fridge (8 yrs), dishwasher (4yrs) with new faucet and disposal. Dining area with chandelier. Living room with sliding door to a balcony overlooking the courtyard. Spacious bedroom features a walk-in closet. Bath has ceramic tiled floor and tub surround. Additional storage closet. Furnace & Central Air Unit (5 yrs). Hot water tank (10 yrs) Low association dues $190/mo includes water, trash and exterior maintenance. No pets allowed. Community has a pool, tennis and basketball courts. Conveniently located across from the The Hawk community center and close distance to restaurants, shopping and expressway.
-
2023-02-24historical
Show marketing remark (883 chars)
This is a great opportunity to have your own place for a great price! 2nd story condo with in-unit laundry including the washer & dryer. Just installed new carpeting and professionally painted 2023. The galley kitchen has new flooring and includes stove (4 yrs) fridge (8 yrs), dishwasher (4yrs) with new faucet and disposal. Dining area with chandelier. Living room with sliding door to a balcony overlooking the courtyard. Spacious bedroom features a walk-in closet. Bath has ceramic tiled floor and tub surround. Additional storage closet. Furnace & Central Air Unit (5 yrs). Hot water tank (10 yrs) Low association dues $190/mo includes water, trash and exterior maintenance. No pets allowed. Community has a pool, tennis and basketball courts. Conveniently located across from the The Hawk community center and close distance to restaurants, shopping and expressway.
-
2023-02-24$122,500 Active
Show marketing remark (883 chars)
This is a great opportunity to have your own place for a great price! 2nd story condo with in-unit laundry including the washer & dryer. Just installed new carpeting and professionally painted 2023. The galley kitchen has new flooring and includes stove (4 yrs) fridge (8 yrs), dishwasher (4yrs) with new faucet and disposal. Dining area with chandelier. Living room with sliding door to a balcony overlooking the courtyard. Spacious bedroom features a walk-in closet. Bath has ceramic tiled floor and tub surround. Additional storage closet. Furnace & Central Air Unit (5 yrs). Hot water tank (10 yrs) Low association dues $190/mo includes water, trash and exterior maintenance. No pets allowed. Community has a pool, tennis and basketball courts. Conveniently located across from the The Hawk community center and close distance to restaurants, shopping and expressway.
-
2023-02-24historical
Show marketing remark (883 chars)
This is a great opportunity to have your own place for a great price! 2nd story condo with in-unit laundry including the washer & dryer. Just installed new carpeting and professionally painted 2023. The galley kitchen has new flooring and includes stove (4 yrs) fridge (8 yrs), dishwasher (4yrs) with new faucet and disposal. Dining area with chandelier. Living room with sliding door to a balcony overlooking the courtyard. Spacious bedroom features a walk-in closet. Bath has ceramic tiled floor and tub surround. Additional storage closet. Furnace & Central Air Unit (5 yrs). Hot water tank (10 yrs) Low association dues $190/mo includes water, trash and exterior maintenance. No pets allowed. Community has a pool, tennis and basketball courts. Conveniently located across from the The Hawk community center and close distance to restaurants, shopping and expressway.
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2023-02-04price $122,500
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2023-02-03price $122,500
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2022-12-02price $114,900
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2022-12-02price $114,900
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2022-10-30$119,900 Active
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2022-10-30$119,900 Active
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2022-10-28historical
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2022-10-28historical
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1990-06-18soldstatus $51,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast MI · Partial reset (capped growth)
- Current annual tax
- $2,341 · $195/mo
- Projected year-2 tax
- $2,341 · $195/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 2/10 Low 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $16,696
- − Mortgage interest
- −$6,436
- − Property taxes
- −$2,341
- − Insurance
- −$574
- − Repairs & maintenance
- −$1,336
- − Management
- −$1,336
- − HOA
- −$2,280
- − Depreciation
- −$3,343
- Taxable loss
- −$949
- Est. tax savings @ 24.0%
- +$228
- After-tax cash flow
- $992/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Farmington Public School District
- NCES district ID
- 2614070
- Math proficiency
- 45% ▼ -5.00%
- Reading proficiency
- 58% ▼ -1.00%
- Median HH income
- $72,846
- Composite
- 46.17/100
- National rank
- #2497
- State rank
- #78 of 540 in MI
Livability — Farmington Hills
- Score
- 81/100
- State rank
- #64
- US rank
- #1364
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Farmington Hills, MI
- County
- Oakland County · 1,009,092 people
- City population
- 67,612
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 19,618
- Household income
- $102,228
- Rent vs Own
- Severe rent burden
- 630.0
Population outlook (Oakland County) Hauer SSP2
- Today (2025)
- 1,335,747 people
- By 2030
- 1,375,100 · +2.9%
- By 2040
- 1,435,385 · +7.5%
- By 2050
- 1,469,250 · +10.0%
- By 2075
- 1,531,946 · +14.7%
- By 2100
- 1,450,485 · +8.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.64)
- Race & ethnicity
- White 54% Black 25% Asian 12% Two or more races 8% Hispanic / Latino 2%
- Common ancestry
- Romanian 7% Lithuanian 3% Scotch-Irish 3%
- Foreign-born
- 17% · Canada, China, South Korea
- Languages at home
- 82% English-only · Other Indo-European 7% Arabic 3% Other Asian/Pacific 3%
Political lean MEDSL · Oakland
- 2024 margin
- D (+10.6) · D 54.4% · R 43.8% · Other 1.9%
- 2008→2024 swing
- -3.9pp toward R · 2008: 14.5pp · 2024: 10.6pp
- All cycles
- 2024: D+10.6 2020: D+14.1 2016: D+8.1 2012: D+8.1 2008: D+14.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -189.65%
- Current HPI
- 166.7194
- Rent YoY
- —
- Metro
- Detroit-Warren-Dearborn, MI
- State GDP YoY
- ▲ 1.37%
- F500 in state
- 28
Industry mix (Fortune 500 HQ in MI)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Automotive Parts | 3 | $48B |
|
||
| Automotive | 2 | $372B |
|
||
| Chemicals | 1 | $45B |
|
||
| Automotive Retail | 1 | $29B |
|
||
| Healthcare / Medical Devices | 1 | $23B |
|
||
| Automotive Technology | 1 | $20B |
|
||
Price history
+125.3% since first listed32 events — show timeline
- 2026-06-01 Relisted — MiRealSource-MiMLS
- 2026-06-01 Relisted — REALCOMP
- 2026-05-23 Listing Removed — MiRealSource-MiMLS
- 2026-05-09 Listed $114,900 MiRealSource-MiMLS
- 2026-05-09 Listed $114,900 REALCOMP
- 2026-05-03 Coming Soon $114,900 MiRealSource-MiMLS
- 2025-04-11 Rental Removed $1,300 REALCOMP
- 2025-03-25 Listed for Rent $1,300 REALCOMP
- 2025-03-25 Rental Removed $1,300 REALSOURCE
- 2025-01-23 Listed for Rent $1,300 REALSOURCE
- 2025-01-23 Rental Removed $1,300 REALCOMP
- 2025-01-22 Listed for Rent $1,300 REALCOMP
- 2023-05-08 Sold (Public Records) $119,000 Public Records
- 2023-05-02 Sold (MLS) $119,000 MiRealSource-MiMLS
- 2023-05-02 Sold (MLS) $119,000 REALCOMP
- 2023-03-24 Pending — REALCOMP
- 2023-03-24 Pending — MiRealSource-MiMLS
- 2023-03-20 Price Changed $119,500 MiRealSource-MiMLS
- 2023-03-20 Price Changed $119,500 REALCOMP
- 2023-02-24 Listing Removed — MiRealSource-MiMLS
- 2023-02-24 Listed $122,500 MiRealSource-MiMLS
- 2023-02-24 Listing Removed — REALCOMP
- 2023-02-24 Listed $122,500 REALCOMP
- 2023-02-04 Price Changed $122,500 MiRealSource-MiMLS
- 2023-02-03 Price Changed $122,500 REALCOMP
- 2022-12-02 Price Changed $114,900 MiRealSource-MiMLS
- 2022-12-02 Price Changed $114,900 REALCOMP
- 2022-10-30 Listed $119,900 MiRealSource-MiMLS
- 2022-10-30 Listed $119,900 REALCOMP
- 2022-10-28 Coming Soon — MiRealSource-MiMLS
- 2022-10-28 Coming Soon — REALCOMP
- 1990-06-18 Sold (Public Records) $51,000 Public Records
Property tax history
+10.4%/yrLatest (2025): $2,341 · +2.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…