Southfield, MI 48034 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Southfield, MI — 48034
Market Hotness
60
Hotness Rank
#4,835
Hotness Score
60
Supply Score
48
Demand Score
71
DOM vs US
-1.5%
Faster
Price vs US
71%
Below avg
Median Listing Price
$305K
Population
14,796
Households
561,348
Median Days on Market
52
Active Listings
18
New Listings
6
Housing Market
Pricing
Median Listing Price
$305K
+32.6% YoY
Average Listing Price
$331K
+23.3% YoY
Price per Sq Ft
$145
+17.2% YoY
Median Sq Ft
1,697
+1.0% YoY
Inventory
Active Listings
18
+25.0% YoY
New Listings
6
-50.0% YoY
Total Listings
24
+23.1% YoY
Buyer Competition
Pending Listings
7
+18.2% YoY
Pending Ratio
0.37
-2.1% YoY
Median Days on Market
52
+5.1% YoY
Price Reduced
19.9%
+3.9% 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
14,796
-2.7% 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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