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City / Town Overview

Southfield, MI

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Southfield, MI real estate market currently shows 196 active listings, with 70 pending sales. Homes are averaging 55.5 days on the market before going under contract.

Inventory has increased compared to last year, with 32 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 55.5 days on market compared to 39.9 days last year.

The median listing price has fallen 4.8% year-over-year, from $257,824 to $245,505.

Whether you are buying or selling in Southfield, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 80,196  ·  Density: 1,179.5/mi²  ·  Median household income: $66,618

Typical home value: $219,458  ·  Homeownership: 54.1%

Included Areas

Southfield: 48033, 48034, 48037, 48075, 48076, 48086

Area Map

Market Overview

Active Listings
196
⇧ 19.5% vs 164 last year
Pending
70
36% pending ratio
Median Price
$245,505
⇩ 4.8% vs $257,824 last year
Average Price
$277,755
⇩ 1.3% vs $281,272 last year
Days on Market
55.5
⇧ 39.1% vs 40 days last year

Price Per Square Foot

Median $/sqft
$160
⇩ 0.4% vs $161/sqft last year
Median Home Size
1,496 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %