Southfield, MI 48075 Real Estate & Property Data

Southfield, MI 48075 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 281 residential properties have been sold over the past 12 months in 48075. With a median sales price of $277,500 in 48075 and a total of 6 foreclosures in Southfield, MI 48075. Discover market trends and get the granular level real estate data for Southfield, MI 48075 to keep your pulse on the housing market. Curate compelling home reports for Southfield, MI 48075 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Southfield, MI 48075 Real Estate Market Trends
Total Residential Properties 7,779
Total Commercial Properties 486
Avg. Home Age (Single Family Home) 66 Years
Avg. Square Feet (Single Family Home) 1,800
Total 2025 Residential Sales (year-to-date) 39
% of Homes Seriously Underwater (Q2 2025) 1.11%
Total 2024 Residential Sales 261
% of Equity Rich Homes (Q2 2025) 37.15%
Effective 2024 Property Tax 1.35%
Total Foreclosure Filings (year-to-date) 8
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Southfield, MI 48075 Real Estate Overview

There were 281 residential properties sold in the past year in Southfield, MI 48075. The median home value in Southfield, MI 48075 is $231,801. There are a total of 7,779 residential properties in the 48075.

Median Sales Price i
$277,500
(Feb 2025)
+32.9%
year-over-year
y-o-y
  • February '25 Feb '25 $277,500
  • January '25 Jan '25 $277,450
  • December '24 Dec '24 $238,000
  • November '24 Nov '24 $185,000
  • October '24 Oct '24 $258,000
  • September '24 Sep '24 $240,000
  • August '24 Aug '24 $250,500
  • July '24 Jul '24 $212,500
  • June '24 Jun '24 $210,000
  • May '24 May '24 $210,500
  • April '24 Apr '24 $245,000
  • March '24 Mar '24 $239,950
Median Down Payment i
$10,250
(Feb 2025)
-31.7%
year-over-year
y-o-y
  • February '25 Feb '25 $10,250
  • January '25 Jan '25 $6,159
  • December '24 Dec '24 $16,775
  • November '24 Nov '24 $7,350
  • October '24 Oct '24 $23,400
  • September '24 Sep '24 $21,400
  • August '24 Aug '24 $14,500
  • July '24 Jul '24 $7,717
  • June '24 Jun '24 $10,600
  • May '24 May '24 $9,196
  • April '24 Apr '24 $12,995
  • March '24 Mar '24 $8,302
Number of Homes Sold i
20
(Feb 2025)
-20%
year-over-year
y-o-y
  • February '25 Feb '25 20
  • January '25 Jan '25 19
  • December '24 Dec '24 22
  • November '24 Nov '24 21
  • October '24 Oct '24 23
  • September '24 Sep '24 20
  • August '24 Aug '24 19
  • July '24 Jul '24 17
  • June '24 Jun '24 23
  • May '24 May '24 33
  • April '24 Apr '24 19
  • March '24 Mar '24 20
Number of Purchase Loans i
19
(Feb 2025)
+26.7%
year-over-year
y-o-y
  • February '25 Feb '25 19
  • January '25 Jan '25 17
  • December '24 Dec '24 14
  • November '24 Nov '24 16
  • October '24 Oct '24 20
  • September '24 Sep '24 13
  • August '24 Aug '24 11
  • July '24 Jul '24 17
  • June '24 Jun '24 17
  • May '24 May '24 22
  • April '24 Apr '24 16
  • March '24 Mar '24 18
Number of REFI Loans i
22
(Feb 2025)
-15.4%
year-over-year
y-o-y
  • February '25 Feb '25 22
  • January '25 Jan '25 18
  • December '24 Dec '24 23
  • November '24 Nov '24 24
  • October '24 Oct '24 27
  • September '24 Sep '24 25
  • August '24 Aug '24 28
  • July '24 Jul '24 22
  • June '24 Jun '24 21
  • May '24 May '24 138
  • April '24 Apr '24 130
  • March '24 Mar '24 17
Number of HELOC Loans i
8
(Feb 2025)
+60%
year-over-year
y-o-y
  • February '25 Feb '25 8
  • January '25 Jan '25 5
  • December '24 Dec '24 9
  • November '24 Nov '24 4
  • October '24 Oct '24 9
  • September '24 Sep '24 7
  • August '24 Aug '24 10
  • July '24 Jul '24 4
  • June '24 Jun '24 5
  • May '24 May '24 4
  • April '24 Apr '24 9
  • March '24 Mar '24 6

Southfield, MI 48075 Foreclosure Activity

There were a total of 6 Southfield, MI 48075 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i
6
(Feb 2025)
+100%
year-over-year
y-o-y
  • February '25 Feb '25 6
  • January '25 Jan '25 2
  • December '24 Dec '24 3
  • November '24 Nov '24 2
  • October '24 Oct '24 3
  • September '24 Sep '24 3
  • August '24 Aug '24 3
  • July '24 Jul '24 11
  • June '24 Jun '24 1
  • May '24 May '24 2
  • April '24 Apr '24 2
  • March '24 Mar '24 6
Foreclosure Starts i
6
(Feb 2025)
+100%
year-over-year
y-o-y
  • February '25 Feb '25 6
  • January '25 Jan '25 2
  • December '24 Dec '24 3
  • November '24 Nov '24 2
  • October '24 Oct '24 3
  • September '24 Sep '24 3
  • August '24 Aug '24 3
  • July '24 Jul '24 11
  • June '24 Jun '24 1
  • May '24 May '24 2
  • April '24 Apr '24 2
  • March '24 Mar '24 6
Completed Foreclosures (REOs) i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 1
  • October '24 Oct '24 N/A
  • September '24 Sep '24 1
  • August '24 Aug '24 N/A
  • July '24 Jul '24 3
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 1
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