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Southfield, Michigan

Realtor Aug 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $71K, +4.1% YoY (ZIP); renters hold 44.9% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is +3.3% YoY. inventory, +12.8% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: median listing $254,870 (Realtor). The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

5 ZIPs in this city:48033 48034 48037 48075 48076

Median Listing Price

$255K

Population

80,319

36,480

Median Days on Market

Active Listings

175

New Listings

Housing Market

The median listing price is up 3.3% YoY while the median home got down 0.4% bigger, so value per square foot is down 3.0%.

Pricing

Median Listing Price

$255K+3.3% YoY

Average Listing Price

$276K+5.1% YoY

Price per Sq Ft

$155.52-3.0% YoY

Median Sq Ft

1,495-0.4% YoY

Inventory

Active Listings

175+34.6% YoY

New Listings

68-15.0% YoY

Total Listings

256+12.8% YoY

Buyer Competition

Pending Listings

82-10.9% YoY

Pending Ratio

0.47-33.8% YoY

Median Days on Market

45+32.4% YoY

Price Reduced

20.9%+24.1% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 561,348

561Kunits

Occupied530,46094.5%

Vacant30,8885.5%

2024 Tenure ⓘ

U.S. Census ACS · n = 530,460

530Koccupied

Owner385,50072.7%

Renter144,96027.3%

Renter Share

27.3%-1.5% YoY

Total Housing Units

561,348+0.6% YoY

FY2026 Fair Market Rent

CountyOakland County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,009

/month

1 BR

$1,122

/month

2 BR

$1,411

/month

3 BR

$1,724

/month

4 BR

$1,868

/month

FMR trends · Oakland County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 44.9% of this ZIP's 36,480 occupied households, on a median household income of $71K.

Population & Age

Total Population

80,319+0.3% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 80,319

80Kresidents

Under 1814,59618.2%

Adults 18–6447,34858.9%

65 & Over18,37522.9%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

43.25+1.5% YoY

Population Under 18

14,596-0.9% YoY

Population 65 & Over

18,375+5.1% YoY

Households & Mobility

Total Households

36,480-0.4% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.15+0.5% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house88.9%

Moved (within US)10.9%

Other0.2%

Veterans

5.4%-9.0% YoY

Income & Poverty

Median Household Income

$71K+4.1% YoY

Per-Capita Income

$42K+3.6% YoY

Mean Household Income

$90K+4.2% YoY

Below Poverty Level

10.0%-8.4% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone71.2%

Public transit1.7%

Worked from home17.3%

Other9.8%

Worked From Home

17.3%+13.8% YoY

Mean Commute

23.57+0.5% YoY

Units & Tenure

Total Housing Units

39,972+0.9% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 39,972

40Kunits

Occupied36,48091.3%

Vacant3,4928.7%

2024 Tenure ⓘ

U.S. Census ACS · n = 36,480

36Khouseholds

Owner20,11055.1%

Renter16,37044.9%

Avg Household Size — Owner

2.48-1.7% YoY

Avg Household Size — Renter

1.76+3.1% YoY

County Demographics

County population is up 0.6% to 1,279,825: residents under 18 are down 0.5% and those 65 and over are up 3.1%.

Median Age

41.32024

Population

Oakland County Population

1,296,888+1.2% YoY

Households

Total Households

530,460+0.3% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.39+0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 1,279,825

1.3Mresidents

Under 18259,33420.3%

Adults 18–64785,43561.4%

65 & Over235,05618.4%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

259,334-0.5% YoY

Population 65 & Over

235,056+3.1% YoY

Median Age

41.30+0.2% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house89.1%

Moved (within US)10.1%

Other0.8%

Veterans

4.4%-6.4% YoY

County Economy

County median household income is $98K, 7.7% of residents are below the poverty level, 20.2% work from home.

Income

Median Household Income

$98K+2.6% YoY

Per-Capita Income

$57K+2.9% YoY

Mean Household Income

$134K+2.9% YoY

Poverty

Below Poverty Level

7.7%0.0% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone71.3%

Public transit0.3%

Worked from home20.2%

Other8.2%

Worked From Home

20.2%+12.2% YoY

Mean Commute

25.80-0.8% YoY

Done with Southfield? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Southfield, Michigan

Realtor Aug 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $71K, +4.1% YoY (ZIP); renters hold 44.9% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is +3.3% YoY. inventory, +12.8% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

5 ZIPs in this city:48033 48034 48037 48075 48076

Median Listing Price

$255K

Population

80,319

36,480

Median Days on Market

Active Listings

175

New Listings

Housing Market

The median listing price is up 3.3% YoY while the median home got down 0.4% bigger, so value per square foot is down 3.0%.

Pricing

Median Listing Price

$255K+3.3% YoY

Average Listing Price

$276K+5.1% YoY

Price per Sq Ft

$155.52-3.0% YoY

Median Sq Ft

1,495-0.4% YoY

Inventory

Active Listings

175+34.6% YoY

New Listings

68-15.0% YoY

Total Listings

256+12.8% YoY

Buyer Competition

Pending Listings

82-10.9% YoY

Pending Ratio

0.47-33.8% YoY

Median Days on Market

45+32.4% YoY

Price Reduced

20.9%+24.1% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 561,348

561Kunits

Occupied530,46094.5%

Vacant30,8885.5%

2024 Tenure ⓘ

U.S. Census ACS · n = 530,460

530Koccupied

Owner385,50072.7%

Renter144,96027.3%

Renter Share

27.3%-1.5% YoY

Total Housing Units

561,348+0.6% YoY

FY2026 Fair Market Rent

CountyOakland County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,009

/month

1 BR

$1,122

/month

2 BR

$1,411

/month

3 BR

$1,724

/month

4 BR

$1,868

/month

FMR trends · Oakland County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 44.9% of this ZIP's 36,480 occupied households, on a median household income of $71K.

Population & Age

Total Population

80,319+0.3% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 80,319

80Kresidents

Under 1814,59618.2%

Adults 18–6447,34858.9%

65 & Over18,37522.9%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

43.25+1.5% YoY

Population Under 18

14,596-0.9% YoY

Population 65 & Over

18,375+5.1% YoY

Households & Mobility

Total Households

36,480-0.4% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.15+0.5% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house88.9%

Moved (within US)10.9%

Other0.2%

Veterans

5.4%-9.0% YoY

Income & Poverty

Median Household Income

$71K+4.1% YoY

Per-Capita Income

$42K+3.6% YoY

Mean Household Income

$90K+4.2% YoY

Below Poverty Level

10.0%-8.4% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone71.2%

Public transit1.7%

Worked from home17.3%

Other9.8%

Worked From Home

17.3%+13.8% YoY

Mean Commute

23.57+0.5% YoY

Units & Tenure

Total Housing Units

39,972+0.9% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 39,972

40Kunits

Occupied36,48091.3%

Vacant3,4928.7%

2024 Tenure ⓘ

U.S. Census ACS · n = 36,480

36Khouseholds

Owner20,11055.1%

Renter16,37044.9%

Avg Household Size — Owner

2.48-1.7% YoY

Avg Household Size — Renter

1.76+3.1% YoY

County Demographics

County population is up 0.6% to 1,279,825: residents under 18 are down 0.5% and those 65 and over are up 3.1%.

Median Age

41.32024

Population

Oakland County Population

1,296,888+1.2% YoY

Households

Total Households

530,460+0.3% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.39+0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 1,279,825

1.3Mresidents

Under 18259,33420.3%

Adults 18–64785,43561.4%

65 & Over235,05618.4%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

259,334-0.5% YoY

Population 65 & Over

235,056+3.1% YoY

Median Age

41.30+0.2% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house89.1%

Moved (within US)10.1%

Other0.8%

Veterans

4.4%-6.4% YoY

County Economy

County median household income is $98K, 7.7% of residents are below the poverty level, 20.2% work from home.

Income

Median Household Income

$98K+2.6% YoY

Per-Capita Income

$57K+2.9% YoY

Mean Household Income

$134K+2.9% YoY

Poverty

Below Poverty Level

7.7%0.0% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone71.3%

Public transit0.3%

Worked from home20.2%

Other8.2%

Worked From Home

20.2%+12.2% YoY

Mean Commute

25.80-0.8% YoY

Done with Southfield? Put it next to another market.