Call or Text (240) SELL-123
Grand River Manor

SOUTHFIELD, MI 48034

Real Estate Market Report
Seller's Market
July 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 48034

Grand River Manor

Market Analysis

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

The SOUTHFIELD, MI real estate market (48034) currently shows 25 active listings, with 10 pending sales. Homes are averaging 26 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 26 days on market compared to 31 days last year.

The median listing price has fallen 4% year-over-year, from $312,500 to $299,975.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for SOUTHFIELD, MI 48034 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 15,146  ·  Density: 1,360.2/mi²  ·  Median household income: $56,351

Typical home value: $256,022  ·  Homeownership: 21.4%

Market Overview

Active Listings
25
⇩ 7.4% vs 27 last year
Pending
10
40% pending ratio
Median Price
$299,975
⇩ 4% vs $312,500 last year
Average Price
$316,167
⇩ 1.6% vs $321,328 last year
Days on Market
26
⇩ 16.1% vs 31 days last year

Price Per Square Foot

Median $/sqft
$125
⇩ 13.8% vs $145/sqft last year
Median Home Size
1,758 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 25 this year vs 27 last year
  • Days on market: 26 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $299,975 (-4% YoY)
  • Average: $316,167 (-1.6% 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 7.5 miles — 969 listings ($548,666,143 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48034Southfield, MI 480340.0 mi24$7,693,488$289,950$320,562
48033Southfield, MI 480332.2 mi38$8,502,766$206,250$223,757
48076Southfield, MI 480763.1 mi56$15,823,416$285,950$282,561
48336Farmington, MI 483363.7 mi76$26,961,532$294,250$354,757
48009Birmingham, MI 480094.9 mi113$211,826,297$1,662,000$1,874,569
48219Detroit, MI 482195.3 mi225$25,326,900$99,425$112,564
48322West Bloomfield, MI 483225.6 mi97$54,837,883$406,225$565,339
48331Farmington, MI 483316.0 mi42$20,076,504$429,472$478,012
48335Farmington, MI 483356.2 mi29$12,318,823$349,500$424,787
48152Livonia, MI 481526.5 mi66$19,064,034$254,675$288,849
48323West Bloomfield, MI 483236.7 mi43$40,718,248$719,700$946,936
48304Bloomfield Hills, MI 483046.9 mi58$93,699,348$489,500$1,615,506
48223Detroit, MI 482237.5 mi102$11,816,904$80,125$115,852

Frequently Asked Questions

How many homes are for sale in SOUTHFIELD, MI 48034?

As of July 2026, there are 25 active listings in SOUTHFIELD, MI (zip code 48034), compared to 27 the prior year.

What is the median home price in SOUTHFIELD, MI 48034?

The median listing price in SOUTHFIELD, MI 48034 is $299,975 as of July 2026, a 4% decrease from $312,500 the prior year.

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

Homes in SOUTHFIELD, MI 48034 spend an average of 26 days on the market before going under contract, compared to 31 days the prior year.

Is it a seller's or buyer's market in SOUTHFIELD, MI 48034?

Based on current inventory and days-on-market data as of July 2026, SOUTHFIELD, MI 48034 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 26 days on market compared to 31 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 48034 save an estimated $6,000 compared to a typical 5% commission on the median listing price of $299,975. 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.