Housing market · ZIP 48331

Farmington, MI Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$462,524

3-month+0.4%

6-month+1.4%

12-month+2.3%

Touse 12-month forecast

+0.6%

Projected median near $465,301 over the next 12 months

As of April 2026, the median home value in Farmington, MI (ZIP 48331) is $462,524. Prices are stable, up 2.3% over the past year. Touse's model projects a +0.6% change over the next 12 months, putting the median near $465,301.

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Nearby areas in Oakland

Troy 48007 Birmingham 48009 Birmingham 48012 Clawson 48017 Franklin 48025 Hazel Park 48030 Southfield 48033 Southfield 48034

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.