Southfield, MI 48075 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Southfield, MI — 48075
Market Hotness
50
Hotness Rank
#6,364
Hotness Score
50
Supply Score
49
Demand Score
52
DOM vs US
-1.8%
Faster
Price vs US
58%
Below avg
Median Listing Price
$250K
Population
22,841
Households
561,348
Median Days on Market
51
Active Listings
48
New Listings
20
Housing Market
Pricing
Median Listing Price
$250K
+19.0% YoY
Average Listing Price
$285K
+20.9% YoY
Price per Sq Ft
$161
+8.1% YoY
Median Sq Ft
1,401
-7.3% YoY
Inventory
Active Listings
48
+23.1% YoY
New Listings
20
-9.1% YoY
Total Listings
69
+7.0% YoY
Buyer Competition
Pending Listings
22
-6.5% YoY
Pending Ratio
0.45
-14.2% YoY
Median Days on Market
51
+31.4% YoY
Price Reduced
17.6%
+4.1% 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
22,841
-1.4% 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