Southfield, MA—01259
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Southfield, MA
As of Oct '25, the median home price in Southfield, MA is $609,000, with a year-over-year change of 5.9%. This indicates that home prices in Southfield, MA are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $609,000 | 5.9% |
| Single Family | $609,000 | 5.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $539,000 | 5.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Southfield, MA
Southfield, MA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Southfield, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Southfield, MA is 72. This is a increase of 58.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $725,000 | -40.0% |
Listing Count | 13 | 21.0% |
| Listings as % of Homes | 0.7% | 21.0% |
Days on Market | 72 | 58.0% |
Demographics — Southfield, MA
As of the latest ACS Survey released in 2023, Southfield, MA has a population of 778, which has increased by 47.3% over the past 5 years. Southfield, MA is a popular place for families, as children make up 26.0% of the population. The area has a moderately educated workforce, with 45.0% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 41.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 778 | 47.3% |
% Under 18 | 26.0% | 550.0% |
% Seniors | 19.4% | -47.7% |
% WFH | 41.0% | 454.1% |
% w/ College Degree | 45.0% | -6.2% |
As of the latest ACS Survey released in 2023, Southfield, MA is a predominantly white area, with 88.4% of the population identifying as white. The white population has shrunk by 10.6% in the last 5 years. The second most common race or ethnicity in Southfield, MA is hispanic, making up 6.2% of the population. Foreign-born residents account for 6.9% of the population in Southfield, MA, and this percentage has increased by 25.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.4% | -10.6% |
% Black | 4.5% | 309.1% |
% Hispanic | 6.2% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 6.9% | 25.5% |
Mortgage and Risk — Southfield, MA
According to HUD data as of 2023, there were 43 mortgage originations in Southfield, MA, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Southfield, MA. Investor activity is low, as 0.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 43 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 0.0% |
% Second Loans | 33.0% |
% Cash Out Refinance | 2.0% |
Loan Activity
Rentals and Section 8 — Southfield, MA
Southfield, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,250 |
| 2 Bedroom | N/A | N/A | $1,600 |
| 3 Bedroom | N/A | N/A | $1,970 |
| 4 Bedroom | N/A | N/A | $2,550 |
Affordability — Southfield, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $609,000 |
| Median Household Income | $126,000 |