Southfield Market Report
$282,407
AVERAGE PRICE OF 222 HOMES$284,609
AVERAGE PRICE OF 206 DISTRESSED HOMES$2,098,500
AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES$467,416
AVERAGE PRICE OF 6 NEWLY BUILT HOMES$214,524
AVERAGE PRICE OF 19 HOMES WITH A POOL$227,842
AVERAGE PRICE OF 7 REDUCED PRICE HOMESAverage Home
| Average Price | $282,407 |
| Avg Bedrooms | 2.55 beds |
| Avg Bathrooms | 1.94 baths |
Average Price by Bedrooms
| 1 bedroom | $88,950 |
| 2 bedrooms | $181,646 |
| 3 bedrooms | $240,214 |
| 4 bedrooms | $351,205 |
| 5 bedrooms | $380,133 |
Southfield Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 220 | 202 | 213 | 216 | n/a |
| Average Price | $288,176 | $273,286 | $275,112 | $276,502 | n/a |
| Avg Price Change | +5.45% | -0.67% | -0.51% | n/a | n/a |
| Median Price | $237,985 | $222,112 | $224,999 | $239,900 | n/a |
| Med Price Change | +7.15% | -1.30% | -6.62% | n/a | n/a |
| Avg Bedrooms | 2.48 beds | 2.41 beds | 2.57 beds | 2.6 beds | n/a |
| Avg Bathrooms | 1.88 baths | 1.89 baths | 2 baths | 2.06 baths | n/a |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 222 | $282,407 | 60 days |
| Distressed Homes | 206 | $284,609 | 61 days |
| Multi-Million Dollar Homes | 4 | $2,098,500 | 97 days |
| Newly Built Homes | 6 | $467,416 | 79 days |
| Homes with a Pool | 19 | $214,524 | 70 days |
| Reduced Price Homes | 7 | $227,842 | 54 days |
