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Southfield, MI Real Estate & Property Data

Last Updated: September 06, 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 890 residential properties have sold over the past year. With a median home price of $287,500 in Southfield and a total of 7 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.

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Total Residential Properties 24,005

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) 392

% of Homes Seriously Underwater (Q3 2025) 0.92%

Total 2024 Residential Sales 837

% of Equity Rich Homes (Q3 2025) 42.75%

Effective 2024 Property Tax 1.29%

Total Foreclosure Filings (year-to-date) 61

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Southfield, MI Real Estate Overview

There were 890 residential properties sold in the past year in Southfield, MI. The median home value in Southfield, MI is $287,215. There are a total of 24,005 residential properties in the Southfield.

Median Sales Price i

$287,500

(Jun 2025)

+7.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 $287,500
May '25 May '25 $283,500
April '25 Apr '25 $277,500
March '25 Mar '25 $244,000
February '25 Feb '25 $270,000
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

Median Down Payment i

$28,150

(Jun 2025)

+148.1%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 $28,150
May '25 May '25 $28,900
April '25 Apr '25 $12,875
March '25 Mar '25 $24,850
February '25 Feb '25 $10,000
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

Number of Homes Sold i

(Jun 2025)

-6.1%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 77
May '25 May '25 53
April '25 Apr '25 66
March '25 Mar '25 69
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

Number of Purchase Loans i

(Jun 2025)

-7.9%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 58
May '25 May '25 47
April '25 Apr '25 52
March '25 Mar '25 52
February '25 Feb '25 50
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

Number of REFI Loans i

(Jun 2025)

+23.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 90
May '25 May '25 94
April '25 Apr '25 82
March '25 Mar '25 80
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

Number of HELOC Loans i

(Jun 2025)

+23.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 21
May '25 May '25 34
April '25 Apr '25 26
March '25 Mar '25 23
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

Southfield, MI Real Estate Market Overview

Last 30 days

Zip

Median Est. Value
Zip

Median Est. Value
Zip

Median Est. Value

48033

$287,215 $159.76/sqft
48034

$267,142 $106.98/sqft
48075

$266,667 $148.14/sqft
48076

$315,381 $179.37/sqft

Southfield, MI Foreclosure Activity

There were a total of 7 Southfield, MI properties with a foreclosure filing in June 2025. Lenders started the foreclosure process on 7 Southfield, MI properties and repossessed 2 Southfield, MI properties through completed foreclosures (REOs) in June 2025.

Total Foreclosure Filings i

(Jun 2025)

+40%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years