Southfield, Michigan Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Southfield, Michigan
5 ZIPs in this city:
48033
48034
48037
48075
48076
Market Hotness
64
Hotness Rank
--
Hotness Score
64
Supply Score
62
Demand Score
67
DOM vs US
-8.1%
Faster
Price vs US
59%
Below avg
Median Listing Price
$250K
Population
80,319
Households
561,348
Median Days on Market
45
Active Listings
133
New Listings
72
Housing Market
Pricing
Median Listing Price
$250K
+4.0% YoY
Average Listing Price
$277K
+7.2% YoY
Price per Sq Ft
$159.767
+1.7% YoY
Median Sq Ft
1,394
-12.9% YoY
Inventory
Active Listings
133
+19.8% YoY
New Listings
72
-12.2% YoY
Total Listings
220
+3.8% YoY
Buyer Competition
Pending Listings
90
-7.2% YoY
Pending Ratio
0.67
-22.9% YoY
Median Days on Market
45
+25.1% YoY
Price Reduced
16.2%
-4.3% YoY
FY2026 Fair Market Rent — Oakland County
HUD government estimate (40th percentile) — 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
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
41.3
2024
Population
Total Population
80,319
+0.3% YoY
Oakland County Population
1,296,888
+1.2% YoY
Households
Total Housing Units
561,348
+0.6% YoY
Age
2024 Age Mix
1.3M
residents
Under 18
259,334
20.3%
Adults 18–64
785,435
61.4%
65 & Over
235,056
18.4%
Age Composition Over Time
2017–2024
Population Under 18
259,334
-0.5% YoY
Population 65 & Over
235,056
+3.1% YoY
Median Age
41.30
+0.2% YoY
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