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

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Highlights
- The median age of a home in Farmington Hills is 35.7% older than the median age of a home in Raleigh.

Housing
 Farmington Hills, MIRaleigh, NCUnited States
 Median Home Age422742
 Median Home Cost$341,100$427,000$338,100
 Home Appr. Last 12 months11.3%23.6%16.6%
 Home Appr. Last 5 yrs.45.6%70.7%57.0%
 Home Appr. Last 10 yrs.110.3%122.8%101.1%
 Property Tax Rate$17.3$8.9$11.0
 Homes Owned60.7%46.7%57.4%
 Housing Vacant4.8%9.4%11.2%
 Homes Rented34.5%43.8%31.4%
 space
 Avg Rent For Home Or Apartment
 Farmington Hills, MIRaleigh, NCUnited States
 Average Rent$1,910$1,750$1,840
 Studio Apartment$1,080$1,240$1,080
 1 Bedroom Home or Apartment$1,220$1,280$1,180
 2 Bedroom Home or Apartment$1,550$1,450$1,430
 3 Bedroom Home or Apartment$1,930$1,780$1,860
 4 Bedroom Home or Apartment$2,080$2,350$2,160
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 Vacant Housing
 Farmington Hills, MIRaleigh, NCUnited States
 Vacant For Rent2.3%3.3%1.9%
 Vacant Rented0.3%2.2%0.4%
 Vacant For Sale0.2%0.5%0.7%
 Vacant Sold0.1%0.6%0.4%
 Vacant Vacation0.6%0.5%3.6%
 Vacant Other1.3%2.3%4.1%
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 Owner-Occupied Housing Value
 Farmington Hills, MIRaleigh, NCUnited States
 Less Than $20,0001.7%1.4%2.6%
 $20,000 to $39,9991.0%0.5%2.4%
 $40,000 to $59,9991.1%0.6%2.8%
 $60,000 to $79,9991.9%0.5%3.9%
 $80,000 to $99,9991.4%0.8%4.5%
 $100,000 to $149,9997.2%6.6%11.3%
 $150,000 to $199,99911.3%15.0%13.0%
 $200,000 to $299,99930.3%28.3%20.1%
 $300,000 to $399,99927.7%18.3%13.6%
 $400,000 to $499,99911.2%11.0%8.3%
 $500,000 to $749,9994.0%10.2%9.7%
 $750,000 to $999,9990.6%4.0%3.9%
 $1,000,000 to $1,499,9990.3%1.9%2.2%
 $1,500,000 to $1,999,9990.1%0.5%0.8%
 $2,000,000 and over0.2%0.3%1.1%
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 Housing Units By Year Built
 Farmington Hills, MIRaleigh, NCUnited States
 2015 and Newer0.0%0.3%0.2%
 2010 to 20143.2%23.4%13.6%
 2000 to 20093.2%23.4%13.6%
 1990 to 199917.9%18.5%13.6%
 1980 to 198924.8%16.8%13.2%
 1970 to 197921.0%9.9%14.8%
 1960 to 196917.9%18.5%13.6%
 1950 to 195911.7%4.2%10.0%
 1940 to 19492.5%1.6%4.7%
 1939 or Earlier2.7%3.1%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 Raleigh    224 Reviews

I moved to Raleigh in 2018. Before that, I lived in Orange County CA, Boulder CO, South Africa, Northern California, Arizona, and Toronto. I say all this to give  More

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Excellent for a great many people or categories of people. As far as prices: ratio of wage and job opportunity here with housing remains one of the better ones in the  More

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Over 1 years ago

I attended university here in the early 90s and came back around 2005 and never left. I'm surprised at the other negative reviews honestly. Yes, housing is pricey in  More

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ZIPS IN FARMINGTON HILLS, MICHIGAN
48336 48335 48331 48334
ZIPS IN RALEIGH, NORTH CAROLINA
27610, 27603, 27616, 27604, 27606, 27613, 27615, 27612, 27614, 27609, 15 total

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