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Edgemont, Southfield

SOUTHFIELD, MI 48033

Real Estate Market Report
Balanced Market
July 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 48033

Edgemont, Southfield

Market Analysis

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

The SOUTHFIELD, MI real estate market (48033) currently shows 52 active listings, with 19 pending sales. Homes are averaging 36 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 36 days on market compared to 27 days last year.

The median listing price has fallen 1.1% year-over-year, from $205,500 to $203,249.

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: 17,380  ·  Density: 735.2/mi²  ·  Median household income: $54,307

Typical home value: $177,203  ·  Homeownership: 51.9%

Market Overview

Active Listings
52
⇩ 7.1% vs 56 last year
Pending
19
37% pending ratio
Median Price
$203,249
⇩ 1.1% vs $205,500 last year
Average Price
$263,728
⇧ 14.8% vs $229,769 last year
Days on Market
36
⇧ 33.3% vs 27 days last year

Price Per Square Foot

Median $/sqft
$154
⇩ 4.3% vs $161/sqft last year
Median Home Size
1,352 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 52 this year vs 56 last year
  • Days on market: 36 now vs 27 last year

Median & Average Pricing

Year over Year
  • Median: $203,249 (-1.1% YoY)
  • Average: $263,728 (+14.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.3 miles — 1,181 listings ($270,582,574 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48033Southfield, MI 480330.0 mi38$8,502,766$206,250$223,757
48240Redford, MI 482402.9 mi53$8,699,738$158,950$164,146
48336Farmington, MI 483363.1 mi76$26,961,532$294,250$354,757
48076Southfield, MI 480763.7 mi56$15,823,416$285,950$282,561
48334Farmington, MI 483344.3 mi47$17,157,162$314,675$365,046
48223Detroit, MI 482235.4 mi102$11,816,904$80,125$115,852
48235Detroit, MI 482355.4 mi223$29,777,636$129,425$133,532
48072Berkley, MI 480725.7 mi43$15,454,673$332,475$359,411
48239Redford, MI 482396.1 mi105$19,447,155$191,225$185,211
48154Livonia, MI 481546.4 mi39$13,220,610$334,800$338,990
48331Farmington, MI 483316.7 mi42$20,076,504$429,472$478,012
48227Detroit, MI 482277.2 mi235$24,622,830$95,000$104,778
48073Royal Oak, MI 480737.3 mi122$59,021,648$369,950$483,784

Frequently Asked Questions

How many homes are for sale in SOUTHFIELD, MI 48033?

As of July 2026, there are 52 active listings in SOUTHFIELD, MI (zip code 48033), compared to 56 the prior year.

What is the median home price in SOUTHFIELD, MI 48033?

The median listing price in SOUTHFIELD, MI 48033 is $203,249 as of July 2026, a 1.1% decrease from $205,500 the prior year.

How long do homes stay on the market in SOUTHFIELD, MI?

Homes in SOUTHFIELD, MI 48033 spend an average of 36 days on the market before going under contract, compared to 27 days the prior year.

Is it a seller's or buyer's market in SOUTHFIELD, MI 48033?

Based on current inventory and days-on-market data as of July 2026, SOUTHFIELD, MI 48033 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 36 days on market compared to 27 days last year.

How much can I save on real estate commission in SOUTHFIELD, MI?

With SELL123.com's maximum 3% commission, sellers in SOUTHFIELD, MI 48033 save an estimated $4,065 compared to a typical 5% commission on the median listing price of $203,249. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.