Real Estate Data > US real estate data > Michigan > Oakland County > Southfield

Southfield, MI Real Estate & Property Data

Southfield Real Estate Market Trends

Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Southfield, MI. ATTOM’s Southfield real estate data is updated daily, and current market trends show that in Southfield, MI a total of 904 residential properties have sold over the past year. With a median home price of $274,500 in Southfield and a total of 9 foreclosures. Get detailed property data for Southfield, MI instantly. ATTOM is your one-stop-shop for the Southfield property reports and real estate data you need in Southfield, MI.

Southfield Real Estate Market Trends

Get property data for any address in Southfield, MI or the country:

Total Residential Properties 24,003

Total Commercial Properties 1,516

Avg. Home Age (Single Family Home) 65 Years

Avg. Square Feet (Single Family Home) 1,798

Total 2025 Residential Sales (year-to-date) 127

% of Homes Seriously Underwater (Q2 2025) 1.07%

Total 2024 Residential Sales 837

% of Equity Rich Homes (Q2 2025) 40.25%

Effective 2024 Property Tax 1.42%

Total Foreclosure Filings (year-to-date) 22

Interested in Purchasing National or Southfield, MI Property Data?

Southfield, MI Real Estate Overview

There were 904 residential properties sold in the past year in Southfield, MI. The median home value in Southfield, MI is $254,447. There are a total of 24,003 residential properties in the Southfield.

Median Sales Price i

$274,500

(Feb 2025)

+4.6%

year-over-year

y-o-y

February '25 Feb '25 $274,500
January '25 Jan '25 $265,000
December '24 Dec '24 $272,500
November '24 Nov '24 $270,000
October '24 Oct '24 $276,500
September '24 Sep '24 $282,500
August '24 Aug '24 $254,000
July '24 Jul '24 $257,000
June '24 Jun '24 $268,000
May '24 May '24 $251,500
April '24 Apr '24 $252,000
March '24 Mar '24 $285,000

Median Down Payment i

$10,125

(Feb 2025)

-25.4%

year-over-year

y-o-y

February '25 Feb '25 $10,125
January '25 Jan '25 $16,300
December '24 Dec '24 $21,287
November '24 Nov '24 $18,612
October '24 Oct '24 $12,500
September '24 Sep '24 $18,750
August '24 Aug '24 $13,125
July '24 Jul '24 $13,350
June '24 Jun '24 $11,344
May '24 May '24 $14,259
April '24 Apr '24 $13,497
March '24 Mar '24 $11,000

Number of Homes Sold i

63

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 63
January '25 Jan '25 64
December '24 Dec '24 69
November '24 Nov '24 60
October '24 Oct '24 89
September '24 Sep '24 60
August '24 Aug '24 73
July '24 Jul '24 65
June '24 Jun '24 82
May '24 May '24 94
April '24 Apr '24 67
March '24 Mar '24 55

Number of Purchase Loans i

48

(Feb 2025)

+14.3%

year-over-year

y-o-y

February '25 Feb '25 48
January '25 Jan '25 49
December '24 Dec '24 53
November '24 Nov '24 49
October '24 Oct '24 68
September '24 Sep '24 46
August '24 Aug '24 53
July '24 Jul '24 61
June '24 Jun '24 63
May '24 May '24 69
April '24 Apr '24 54
March '24 Mar '24 44

Number of REFI Loans i

69

(Feb 2025)

-4.2%

year-over-year

y-o-y

February '25 Feb '25 69
January '25 Jan '25 84
December '24 Dec '24 70
November '24 Nov '24 89
October '24 Oct '24 108
September '24 Sep '24 63
August '24 Aug '24 84
July '24 Jul '24 163
June '24 Jun '24 73
May '24 May '24 189
April '24 Apr '24 158
March '24 Mar '24 52

Number of HELOC Loans i

26

(Feb 2025)

+36.8%

year-over-year

y-o-y

February '25 Feb '25 26
January '25 Jan '25 28
December '24 Dec '24 23
November '24 Nov '24 33
October '24 Oct '24 34
September '24 Sep '24 23
August '24 Aug '24 31
July '24 Jul '24 31
June '24 Jun '24 17
May '24 May '24 23
April '24 Apr '24 29
March '24 Mar '24 23

Southfield, MI Real Estate Market Overview

Last 30 days

Zip

Median Est. Value
Zip

Median Est. Value
Zip

Median Est. Value

48033

$254,447 $141.54/sqft
48034

$247,875 $99.26/sqft
48075

$231,801 $128.77/sqft
48076

$287,457 $163.49/sqft

Southfield, MI Foreclosure Activity

There were a total of 9 Southfield, MI properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

9

(Feb 2025)

-25%

year-over-year

y-o-y

February '25 Feb '25 9
January '25 Jan '25 13
December '24 Dec '24 11
November '24 Nov '24 10
October '24 Oct '24 13
September '24 Sep '24 9
August '24 Aug '24 7
July '24 Jul '24 21
June '24 Jun '24 5
May '24 May '24 8
April '24 Apr '24 9
March '24 Mar '24 10

Foreclosure Starts i

9

(Feb 2025)

-25%

year-over-year

y-o-y

February '25 Feb '25 9
January '25 Jan '25 13
December '24 Dec '24 11
November '24 Nov '24 10
October '24 Oct '24 13
September '24 Sep '24 9
August '24 Aug '24 7
July '24 Jul '24 21
June '24 Jun '24 5
May '24 May '24 8
April '24 Apr '24 9
March '24 Mar '24 10

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 3
December '24 Dec '24 N/A
November '24 Nov '24 1
October '24 Oct '24 1
September '24 Sep '24 2
August '24 Aug '24 N/A
July '24 Jul '24 9
June '24 Jun '24 1
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 1

Nearby Cities

Interested in growing your business with Southfield, MI property data?

Contact Us Now!
Call (800) 692-2596 — or fill out this form and we’ll be in touch shortly.