Home / Select Cities  /  2024 Comparing Farmington Hills, MI vs. Cary, NC

2024 Compare Cities Housing:
Farmington Hills, MI vs Cary, NC

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Highlights
- The median age of a home in Farmington Hills is 45.2% older than the median age of a home in Cary.

Housing
 Farmington Hills, MICary, NCUnited States
 Median Home Age422342
 Median Home Cost$341,100$574,400$338,100
 Home Appr. Last 12 months11.3%25.0%16.6%
 Home Appr. Last 5 yrs.45.6%72.1%57.0%
 Home Appr. Last 10 yrs.110.3%108.2%101.1%
 Property Tax Rate$17.3$8.8$11.0
 Homes Owned60.7%62.9%57.4%
 Housing Vacant4.8%5.8%11.2%
 Homes Rented34.5%31.3%31.4%
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 Avg Rent For Home Or Apartment
 Farmington Hills, MICary, NCUnited States
 Average Rent$1,910$1,970$1,840
 Studio Apartment$1,080$1,400$1,080
 1 Bedroom Home or Apartment$1,220$1,440$1,180
 2 Bedroom Home or Apartment$1,550$1,630$1,430
 3 Bedroom Home or Apartment$1,930$2,000$1,860
 4 Bedroom Home or Apartment$2,080$2,650$2,160
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 Vacant Housing
 Farmington Hills, MICary, NCUnited States
 Vacant For Rent2.3%2.9%1.9%
 Vacant Rented0.3%0.7%0.4%
 Vacant For Sale0.2%0.3%0.7%
 Vacant Sold0.1%0.1%0.4%
 Vacant Vacation0.6%0.8%3.6%
 Vacant Other1.3%1.1%4.1%
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 Owner-Occupied Housing Value
 Farmington Hills, MICary, NCUnited States
 Less Than $20,0001.7%0.6%2.6%
 $20,000 to $39,9991.0%0.4%2.4%
 $40,000 to $59,9991.1%0.1%2.8%
 $60,000 to $79,9991.9%0.1%3.9%
 $80,000 to $99,9991.4%0.4%4.5%
 $100,000 to $149,9997.2%1.8%11.3%
 $150,000 to $199,99911.3%4.0%13.0%
 $200,000 to $299,99930.3%15.6%20.1%
 $300,000 to $399,99927.7%26.1%13.6%
 $400,000 to $499,99911.2%20.4%8.3%
 $500,000 to $749,9994.0%22.4%9.7%
 $750,000 to $999,9990.6%5.8%3.9%
 $1,000,000 to $1,499,9990.3%1.7%2.2%
 $1,500,000 to $1,999,9990.1%0.2%0.8%
 $2,000,000 and over0.2%0.4%1.1%
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 Housing Units By Year Built
 Farmington Hills, MICary, NCUnited States
 2015 and Newer0.0%0.6%0.2%
 2010 to 20143.2%23.6%13.6%
 2000 to 20093.2%23.6%13.6%
 1990 to 199917.9%27.7%13.6%
 1980 to 198924.8%15.2%13.2%
 1970 to 197921.0%8.8%14.8%
 1960 to 196917.9%27.7%13.6%
 1950 to 195911.7%1.3%10.0%
 1940 to 19492.5%0.3%4.7%
 1939 or Earlier2.7%0.4%12.2%

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Reviews for Farmington Hills    11 Reviews

Grew up in Commerce. Loved it! It was very quiet and peaceful and safe. Quiet and peaceful is not the case anymore but fortunately it's still a safe place to live. Why  More

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My wife and I have lived in Farmington Hills for the past 7 years. We moved here from Ohio and are originally from Texas. This area and especially our neighborhood is  More

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Over 16 years ago

The taxes here are so high, as soon as I retire, I'll have to sell and move to a different community to lower my tax liability. The city/county services do not  More

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Reviews for Cary    63 Reviews

Cary is up-and-coming “cool.” The downtown is revitalized and growing. The town takes urban planning very seriously. The home prices have definitely spiked in the last  More

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Over 7 years ago

I've lived in NY, CT, MA, and in Miami FL. Now here in Cary NC for the past 10 years. For what I want and need at this phase of my life, I really like it here! All the  More

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Over 7 years ago

As a Real Estate Agent, I consider Cary the most central location in the Triangle, it basically takes you twenty minutes to get to Chapel Hill, Carrboro, Hillsborough,   More

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ZIPS IN FARMINGTON HILLS, MICHIGAN
48336 48335 48331 48334
ZIPS IN CARY, NORTH CAROLINA
27519 27513 27511 27518

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