Southfield, MI—48034
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$257,000
3.4% YoY Growth
Household Income
$59,600
29.7% YoY Growth
Days on Market
57
19.0% Longer YoY
Home Price Forecast
-0.5%
Median Rent
$1,350
19.2% YoY Growth
1-Bed Rent
$1,060
20.0% YoY Growth
2-Bed Rent
$2,300
7.1% YoY Growth
3-Bed Rent
$1,620
12.4% YoY Growth
Home Price Trends — Southfield, MI
As of May '26, the median home price in Southfield, MI is $257,000, with a year-over-year change of 3.4%. This indicates that home prices in Southfield, MI are increasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $257,000 | 3.4% |
| Single Family | $369,000 | 2.5% |
| Condos | $182,000 | 1.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |