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Southfield

Why you'd want to live in Southfield

Southfield, Michigan, in Oakland county, is 13 miles NW of Detroit, Michigan. Southfield is recognized as a suburb of Detroit. It's also a major commercial center and features the Southfield Town Center, which is a well known upscale office center for the region. The city is home to the corporate headquarters of notable companies such as Federal-Mogul, Electronic Data Systems, Denso and Lear Corporation. A vast number of Fortune 500 companies have office space in the city.

Southfield Market Report

$273,043

AVERAGE PRICE OF 204 HOMES

$276,276

AVERAGE PRICE OF 179 DISTRESSED HOMES

$2,125,000

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$484,900

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$228,652

AVERAGE PRICE OF 17 HOMES WITH A POOL

$278,940

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $273,043
Avg Bedrooms 2.56 beds
Avg Bathrooms 1.9 baths

Average Price by Bedrooms

1 bedroom $85,000
2 bedrooms $178,829
3 bedrooms $262,204
4 bedrooms $313,157
5 bedrooms $410,188
Southfield Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 210 222 224 216 221
Average Price $275,733 $272,095 $352,746 $287,283 $283,176
Avg Price Change +1.34% -29.64% +22.79% +1.45% -1.77%
Median Price $232,074 $238,093 $242,486 $247,950 $241,377
Med Price Change -2.59% -1.85% -2.25% +2.72% +1.43%
Avg Bedrooms 2.54 beds 2.53 beds 2.55 beds 2.52 beds 2.54 beds
Avg Bathrooms 1.88 baths 1.91 baths 1.96 baths 1.93 baths 1.93 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 204 $273,043 85 days
Distressed Homes 179 $276,276 88 days
Multi-Million Dollar Homes 2 $2,125,000 55 days
Newly Built Homes 2 $484,900 240 days
Homes with a Pool 17 $228,652 82 days
Reduced Price Homes 5 $278,940 33 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

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