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Southfield, MI 48076 Real Estate & Property Data

Southfield, MI 48076 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 329 residential properties have been sold over the past 12 months in 48076. With a median sales price of $290,000 in 48076 and a total of 2 foreclosures in Southfield, MI 48076. Discover market trends and get the granular level real estate data for Southfield, MI 48076 to keep your pulse on the housing market. Curate compelling home reports for Southfield, MI 48076 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Southfield, MI 48076 Real Estate Market Trends

Get property data for any address in Southfield, MI 48076 or the country:

Total Residential Properties 9,187

Total Commercial Properties 373

Avg. Home Age (Single Family Home) 64 Years

Avg. Square Feet (Single Family Home) 1,758

Total 2025 Residential Sales (year-to-date) 43

% of Homes Seriously Underwater (Q2 2025) 0.85%

Total 2024 Residential Sales 308

% of Equity Rich Homes (Q2 2025) 44.81%

Effective 2024 Property Tax 1.45%

Total Foreclosure Filings (year-to-date) 6

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Southfield, MI 48076 Real Estate Overview

There were 329 residential properties sold in the past year in Southfield, MI 48076. The median home value in Southfield, MI 48076 is $287,457. There are a total of 9,187 residential properties in the 48076.

Median Sales Price i

$290,000

(Feb 2025)

-6.1%

year-over-year

y-o-y

February '25 Feb '25 $290,000
January '25 Jan '25 $309,000
December '24 Dec '24 $294,900
November '24 Nov '24 $287,500
October '24 Oct '24 $290,000
September '24 Sep '24 $315,000
August '24 Aug '24 $245,000
July '24 Jul '24 $275,000
June '24 Jun '24 $276,800
May '24 May '24 $271,000
April '24 Apr '24 $275,000
March '24 Mar '24 $299,000

Median Down Payment i

$29,123

(Feb 2025)

+48.6%

year-over-year

y-o-y

February '25 Feb '25 $29,123
January '25 Jan '25 $17,025
December '24 Dec '24 $20,575
November '24 Nov '24 $17,225
October '24 Oct '24 $13,500
September '24 Sep '24 $21,975
August '24 Aug '24 $10,025
July '24 Jul '24 $18,800
June '24 Jun '24 $11,344
May '24 May '24 $47,615
April '24 Apr '24 $31,800
March '24 Mar '24 $28,500

Number of Homes Sold i

17

(Feb 2025)

-22.7%

year-over-year

y-o-y

February '25 Feb '25 17
January '25 Jan '25 26
December '24 Dec '24 23
November '24 Nov '24 22
October '24 Oct '24 40
September '24 Sep '24 19
August '24 Aug '24 30
July '24 Jul '24 27
June '24 Jun '24 28
May '24 May '24 29
April '24 Apr '24 28
March '24 Mar '24 18

Number of Purchase Loans i

12

(Feb 2025)

-33.3%

year-over-year

y-o-y

February '25 Feb '25 12
January '25 Jan '25 20
December '24 Dec '24 20
November '24 Nov '24 19
October '24 Oct '24 29
September '24 Sep '24 17
August '24 Aug '24 25
July '24 Jul '24 23
June '24 Jun '24 22
May '24 May '24 22
April '24 Apr '24 23
March '24 Mar '24 15

Number of REFI Loans i

25

(Feb 2025)

-13.8%

year-over-year

y-o-y

February '25 Feb '25 25
January '25 Jan '25 40
December '24 Dec '24 28
November '24 Nov '24 39
October '24 Oct '24 46
September '24 Sep '24 21
August '24 Aug '24 28
July '24 Jul '24 37
June '24 Jun '24 30
May '24 May '24 34
April '24 Apr '24 11
March '24 Mar '24 21

Number of HELOC Loans i

10

(Feb 2025)

+11.1%

year-over-year

y-o-y

February '25 Feb '25 10
January '25 Jan '25 14
December '24 Dec '24 6
November '24 Nov '24 16
October '24 Oct '24 15
September '24 Sep '24 8
August '24 Aug '24 12
July '24 Jul '24 19
June '24 Jun '24 11
May '24 May '24 13
April '24 Apr '24 14
March '24 Mar '24 9

Southfield, MI 48076 Real Estate Market Overview

Last 30 days

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Southfield, MI 48076 Foreclosure Activity

There were a total of 2 Southfield, MI 48076 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

2

(Feb 2025)

-60%

year-over-year

y-o-y

February '25 Feb '25 2
January '25 Jan '25 4
December '24 Dec '24 4
November '24 Nov '24 5
October '24 Oct '24 1
September '24 Sep '24 1
August '24 Aug '24 2
July '24 Jul '24 4
June '24 Jun '24 1
May '24 May '24 2
April '24 Apr '24 4
March '24 Mar '24 1

Foreclosure Starts i

2

(Feb 2025)

-60%

year-over-year

y-o-y

February '25 Feb '25 2
January '25 Jan '25 4
December '24 Dec '24 4
November '24 Nov '24 5
October '24 Oct '24 1
September '24 Sep '24 1
August '24 Aug '24 2
July '24 Jul '24 4
June '24 Jun '24 1
May '24 May '24 2
April '24 Apr '24 4
March '24 Mar '24 1

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 2
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 4
June '24 Jun '24 1
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 N/A

Nearby Zip Codes

1. 48033
2. 48034
3. 48075

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