Southfield, MI 48033 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Southfield, MI — 48033
Market Hotness
68
Hotness Rank
#3,605
Hotness Score
68
Supply Score
69
Demand Score
67
DOM vs US
-11.8%
Faster
Price vs US
45%
Below avg
Median Listing Price
$192K
Population
17,277
Households
561,348
Median Days on Market
41
Active Listings
32
New Listings
18
Housing Market
Pricing
Median Listing Price
$192K
-10.2% YoY
Average Listing Price
$227K
-4.7% YoY
Price per Sq Ft
$143
-11.2% YoY
Median Sq Ft
1,194
-17.4% YoY
Inventory
Active Listings
32
+48.8% YoY
New Listings
18
-18.2% YoY
Total Listings
50
-2.0% YoY
Buyer Competition
Pending Listings
19
-32.7% YoY
Pending Ratio
0.58
-70.1% YoY
Median Days on Market
41
+50.0% YoY
Price Reduced
14.8%
+2.3% 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
ZIP Population
17,277
+2.2% 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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