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Southfield

Why you'd want to live in Southfield

Southfield, Michigan, in Oakland county, is 13 miles NW of Detroit, Michigan. Southfield is recognized as a suburb of Detroit. It's also a major commercial center and features the Southfield Town Center, which is a well known upscale office center for the region. The city is home to the corporate headquarters of notable companies such as Federal-Mogul, Electronic Data Systems, Denso and Lear Corporation. A vast number of Fortune 500 companies have office space in the city.

Southfield Market Report

$403,818

AVERAGE PRICE OF 198 HOMES

$423,844

AVERAGE PRICE OF 176 DISTRESSED HOMES

$10,150,000

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$301,960

AVERAGE PRICE OF 5 NEWLY BUILT HOMES

$234,471

AVERAGE PRICE OF 21 HOMES WITH A POOL

$200,575

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $403,818
Avg Bedrooms 2.54 beds
Avg Bathrooms 1.91 baths

Average Price by Bedrooms

1 bedroom $159,999
2 bedrooms $179,416
3 bedrooms $255,493
4 bedrooms $338,371
5 bedrooms $509,966
Southfield Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 197 210 222 224 216
Average Price $339,566 $275,733 $272,095 $352,746 $287,283
Avg Price Change +23.15% +1.34% -29.64% +22.79% +1.45%
Median Price $235,512 $232,074 $238,093 $242,486 $247,950
Med Price Change +1.48% -2.59% -1.85% -2.25% +2.72%
Avg Bedrooms 2.55 beds 2.54 beds 2.53 beds 2.55 beds 2.52 beds
Avg Bathrooms 1.88 baths 1.88 baths 1.91 baths 1.96 baths 1.93 baths
Total Homes Average Price Avg Days on Site
All Homes 198 $403,818 88 days
Distressed Homes 176 $423,844 90 days
Multi-Million Dollar Homes 3 $10,150,000 74 days
Newly Built Homes 5 $301,960 132 days
Homes with a Pool 21 $234,471 70 days
Reduced Price Homes 5 $200,575 59 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

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