Southfield, MI—48033
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$229,000
2.2% YoY Growth
Household Income
$55,600
11.5% YoY Growth
Days on Market
35
52.0% Longer YoY
Home Price Forecast
0.1%
Median Rent
$1,250
12.4% YoY Growth
1-Bed Rent
$1,180
20.7% YoY Growth
2-Bed Rent
$1,350
6.0% YoY Growth
3-Bed Rent
$1,800
11.5% YoY Growth
Home Price Trends — Southfield, MI
As of May '26, the median home price in Southfield, MI is $229,000, with a year-over-year change of 2.2%. This indicates that home prices in Southfield, MI are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $229,000 | 2.2% |
| Single Family | $265,000 | 3.5% |
| Condos | $162,000 | -3.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |