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Southfield, MA—01259

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$601,000
2.8% YoY Growth
Household Income
$126,000
107.5% YoY Growth
Days on Market
72
5.0% Shorter YoY
Home Price Forecast
1.7%
Median 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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Southfield, MA

As of May '26, the median home price in Southfield, MA is $601,000, with a year-over-year change of 2.8%. This indicates that home prices in Southfield, MA are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$601,0002.8%
Single Family $601,0002.9%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$531,0003.9%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    6.7%
    2 Bedrooms
    11.3%
    3 Bedrooms
    40.6%
    4 Bedrooms
    31.8%
    5+ Bedrooms
    9.6%

    Rental Trends — Southfield, MA

    Southfield, MA lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    2 Bedrooms
    43.3%
    3 Bedrooms
    46.7%
    4 Bedrooms
    10.0%

    Property Listings — Southfield, MA

    As of May '26, Realtor.com reports that the median days on market for a home in Southfield, MA is 72. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$775,000-44.0%
    Listing Count
    		1143.0%
    Listings as % of Homes0.7%43.0%
    Days on Market
    		72-5.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		77847.3%
    % Under 18
    		26.0%550.0%
    % Seniors
    		19.4%-47.7%
    % WFH
    		41.0%454.1%
    % w/ College Degree
    		45.0%-6.2%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,250
    2 BedroomN/AN/A$1,600
    3 BedroomN/AN/A$1,970
    4 BedroomN/AN/A$2,550

    Affordability — Southfield, MA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.2
    Median Home Price$601,000
    Median Household Income$126,000

    Southfield, MA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Mill River

    01244

    Canaan, CT

    06018

    Canaan, CT

    06024

    Sheffield, MA

    01222

    Norfolk, CT

    06058

    Frequently Asked Questions