Southfield, MI—48075
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$240,000
1.3% YoY Growth
Household Income
$67,600
23.0% YoY Growth
Days on Market
41
13.0% Longer YoY
Home Price Forecast
0.0%
Median Rent
$1,800
2.8% YoY Growth
1-Bed Rent
$1,160
4.4% YoY Growth
2-Bed Rent
$1,800
2.1% YoY Growth
3-Bed Rent
$1,800
3.8% YoY Growth
Home Price Trends — Southfield, MI
As of May '26, the median home price in Southfield, MI is $240,000, with a year-over-year change of 1.3%. This indicates that home prices in Southfield, MI are increasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $240,000 | 1.3% |
| Single Family | $269,000 | 2.7% |
| Condos | $168,000 | -2.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |