Southfield, MI 48034 Real Estate & Property Data

Southfield, MI 48034 Real Estate Market Trends
Last Updated: September 06, 2025

A total of 93 residential properties have been sold over the past 12 months in 48034. With a median sales price of $346,250 in 48034 and a total of 1 foreclosures in Southfield, MI 48034. Discover market trends and get the granular level real estate data for Southfield, MI 48034 to keep your pulse on the housing market. Curate compelling home reports for Southfield, MI 48034 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Southfield, MI 48034 Real Estate Market Trends
Total Residential Properties 2,375
Total Commercial Properties 282
Avg. Home Age (Single Family Home) 61 Years
Avg. Square Feet (Single Family Home) 2,497
Total 2025 Residential Sales (year-to-date) 33
% of Homes Seriously Underwater (Q3 2025) 1.19%
Total 2024 Residential Sales 94
% of Equity Rich Homes (Q3 2025) 37.03%
Effective 2024 Property Tax 1.51%
Total Foreclosure Filings (year-to-date) 9
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Southfield, MI 48034 Real Estate Overview

There were 93 residential properties sold in the past year in Southfield, MI 48034. The median home value in Southfield, MI 48034 is $267,142. There are a total of 2,375 residential properties in the 48034.

Median Sales Price i
$346,250
(Jun 2025)
-19.4%
year-over-year
y-o-y
  • June '25 Jun '25 $346,250
  • May '25 May '25 $297,500
  • April '25 Apr '25 $415,000
  • March '25 Mar '25 $251,250
  • February '25 Feb '25 $385,000
  • January '25 Jan '25 $112,000
  • December '24 Dec '24 $223,500
  • November '24 Nov '24 $375,000
  • October '24 Oct '24 $380,000
  • September '24 Sep '24 $392,500
  • August '24 Aug '24 $459,000
  • July '24 Jul '24 $273,450
Median Down Payment i
$5,208
(Jun 2025)
-87.5%
year-over-year
y-o-y
  • June '25 Jun '25 $5,208
  • May '25 May '25 $10,490
  • April '25 Apr '25 $9,510
  • March '25 Mar '25 $41,250
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 $50,000
  • November '24 Nov '24 $41,250
  • October '24 Oct '24 $10,950
  • September '24 Sep '24 $15,525
  • August '24 Aug '24 $50,925
  • July '24 Jul '24 $12,000
Number of Homes Sold i
7
(Jun 2025)
-41.7%
year-over-year
y-o-y
  • June '25 Jun '25 7
  • May '25 May '25 2
  • April '25 Apr '25 6
  • March '25 Mar '25 6
  • February '25 Feb '25 7
  • January '25 Jan '25 5
  • December '24 Dec '24 10
  • November '24 Nov '24 5
  • October '24 Oct '24 14
  • September '24 Sep '24 5
  • August '24 Aug '24 10
  • July '24 Jul '24 4
Number of Purchase Loans i
6
(Jun 2025)
-45.5%
year-over-year
y-o-y
  • June '25 Jun '25 6
  • May '25 May '25 2
  • April '25 Apr '25 4
  • March '25 Mar '25 5
  • February '25 Feb '25 5
  • January '25 Jan '25 3
  • December '24 Dec '24 7
  • November '24 Nov '24 4
  • October '24 Oct '24 7
  • September '24 Sep '24 4
  • August '24 Aug '24 9
  • July '24 Jul '24 5
Number of REFI Loans i
11
(Jun 2025)
+175%
year-over-year
y-o-y
  • June '25 Jun '25 11
  • May '25 May '25 5
  • April '25 Apr '25 4
  • March '25 Mar '25 6
  • February '25 Feb '25 7
  • January '25 Jan '25 4
  • December '24 Dec '24 4
  • November '24 Nov '24 4
  • October '24 Oct '24 7
  • September '24 Sep '24 5
  • August '24 Aug '24 9
  • July '24 Jul '24 84
Number of HELOC Loans i
  • June '25 Jun '25 N/A
  • May '25 May '25 5
  • April '25 Apr '25 4
  • March '25 Mar '25 3
  • February '25 Feb '25 2
  • January '25 Jan '25 4
  • December '24 Dec '24 2
  • November '24 Nov '24 3
  • October '24 Oct '24 5
  • September '24 Sep '24 1
  • August '24 Aug '24 2
  • July '24 Jul '24 3

Southfield, MI 48034 Foreclosure Activity

There were a total of 1 Southfield, MI 48034 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i
1
(Jun 2025)
year-over-year
y-o-y
  • June '25 Jun '25 1
  • May '25 May '25 3
  • April '25 Apr '25 1
  • March '25 Mar '25 2
  • February '25 Feb '25 1
  • January '25 Jan '25 1
  • December '24 Dec '24 1
  • November '24 Nov '24 1
  • October '24 Oct '24 5
  • September '24 Sep '24 3
  • August '24 Aug '24 1
  • July '24 Jul '24 3
Foreclosure Starts i
1
(Jun 2025)
year-over-year
y-o-y
  • June '25 Jun '25 1
  • May '25 May '25 3
  • April '25 Apr '25 1
  • March '25 Mar '25 2
  • February '25 Feb '25 1
  • January '25 Jan '25 1
  • December '24 Dec '24 1
  • November '24 Nov '24 1
  • October '24 Oct '24 5
  • September '24 Sep '24 3
  • August '24 Aug '24 1
  • July '24 Jul '24 3
Completed Foreclosures (REOs) i
  • June '25 Jun '25 N/A
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 1
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