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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

$270,105

AVERAGE PRICE OF 239 HOMES

$273,690

AVERAGE PRICE OF 213 DISTRESSED HOMES

$2,166,333

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$437,266

AVERAGE PRICE OF 6 NEWLY BUILT HOMES

$227,117

AVERAGE PRICE OF 23 HOMES WITH A POOL

$256,150

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $270,105
Avg Bedrooms 2.52 beds
Avg Bathrooms 1.9 baths

Average Price by Bedrooms

1 bedroom $89,966
2 bedrooms $181,707
3 bedrooms $253,710
4 bedrooms $327,660
5 bedrooms $378,633
Southfield Home Price Trends
  11/2024 10/2024 9/2024 8/2024 7/2024
Total Listings 224 216 221 220 202
Average Price $352,746 $287,283 $283,176 $288,176 $273,286
Avg Price Change +22.79% +1.45% -1.77% +5.45% -0.67%
Median Price $242,486 $247,950 $241,377 $237,985 $222,112
Med Price Change -2.25% +2.72% +1.43% +7.15% -1.30%
Avg Bedrooms 2.55 beds 2.52 beds 2.54 beds 2.48 beds 2.41 beds
Avg Bathrooms 1.96 baths 1.93 baths 1.93 baths 1.88 baths 1.89 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 239 $270,105 72 days
Distressed Homes 213 $273,690 75 days
Multi-Million Dollar Homes 3 $2,166,333 154 days
Newly Built Homes 6 $437,266 140 days
Homes with a Pool 23 $227,117 65 days
Reduced Price Homes 6 $256,150 97 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

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