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30074 W 12 Mile Rd #114
C Composite 57.16
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

30074 W 12 Mile Rd #114 · Farmington Hills, MI 48334
1 bd · 1.0 ba · 907 sqft · Condo public records · 32 Days on market
Built 1981 $127/sqft · 17% below area Est $139k · 17% under $190/mo HOA · 14% of rent

🖨 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

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $111,453 (3.0% below list)

Questions for the listing agent

  1. 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?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. 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?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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.
  7. 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.
  8. 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

5-year hold
IRR
-12.4%
Equity multiple
0.55×
Total profit
$-14,393
Equity at exit
$17,132
10-year hold
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
7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

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

Break-even rent $1,311
Max offer price $114,900
Occupancy floor 90%

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

AddressBedsBaths SqftRent$/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

  1. 2026-06-18
    days on market $114,900 Active 32 DOM
  2. 2026-06-17
    days on market $114,900 Active 31 DOM
  3. 2026-06-16
    days on market $114,900 Active 30 DOM
  4. 2026-06-15
    days on market $114,900 Active 29 DOM
  5. 2026-06-13
    days on market $114,900 Active 27 DOM
  6. 2026-06-13
    days on market $114,900 Active 26 DOM
  7. 2026-06-09
    days on market $114,900 Active 23 DOM
  8. 2026-06-08
    days on market $114,900 Active 22 DOM
  9. 2026-06-07
    days on market $114,900 Active 21 DOM
  10. 2026-06-04
    days on market $114,900 Active 18 DOM
  11. 2026-06-02
    days on market $114,900 Active 16 DOM
  12. 2026-06-01
    status $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!

  13. 2026-05-09
    listed $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!

  14. 2026-05-09
    listed $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!

  15. 2026-05-03
    historical $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!

  16. 2025-04-11
    historical $1,300
  17. 2025-03-25
    listed $1,300
  18. 2025-03-25
    historical $1,300
  19. 2025-01-23
    listed $1,300
  20. 2025-01-23
    historical $1,300
  21. 2025-01-22
    listed $1,300
  22. 2023-05-08
    soldstatus $119,000
  23. 2023-05-02
    soldstatus $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.

  24. 2023-05-02
    soldstatus $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.

  25. 2023-03-24
    status 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.

  26. 2023-03-24
    status 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.

  27. 2023-03-20
    price $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.

  28. 2023-03-20
    price $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.

  29. 2023-02-24
    listed $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.

  30. 2023-02-24
    historical
    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.

  31. 2023-02-24
    listed $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.

  32. 2023-02-24
    historical
    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.

  33. 2023-02-04
    price $122,500
  34. 2023-02-03
    price $122,500
  35. 2022-12-02
    price $114,900
  36. 2022-12-02
    price $114,900
  37. 2022-10-30
    listed $119,900 Active
  38. 2022-10-30
    listed $119,900 Active
  39. 2022-10-28
    historical
  40. 2022-10-28
    historical
  41. 1990-06-18
    soldstatus $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
combined federal + state — saved on this device
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

Amenities D Commute A Cost of living B+ Crime A Employment A+ Housing A+ Health & safety F User ratings A+

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
37.1% rent · 62.9% 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

Price history

+125.3% since first listed
32 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%/yr

Latest (2025): $2,341 · +2.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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