The Southfield housing market is very competitive. Over the three months, homes in Southfield receive 2 offers on average and sell in around 33 days. The median sale price of a home in Southfield was $250K over the last 3 months, up .0% since the same period last year. The median sale price per square foot in Southfield is $131, down 5.1% since last year.
What is the housing market like in Southfield today?
Over the three months ending August 2026, Southfield home prices were up .0% compared to the same period last year, selling for a median price of $250K. On average, homes in Southfield sell after 33 days on the market compared to 27 days last year. There were 175 homes sold in August this year, down from 190 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$250,000
0.0% YoY | Aug 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2026
Growth
% YoY
Southfield, MI
$250,000
0.0%
United States
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How hot is the Southfield housing market?
Southfield is very competitive. Homes sell in 29 days.
0
100
70
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 29 days.
Hot homes
can sell for about 3% above list price and go pending in around 13 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Southfield housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southfield.
Flood Factor - Moderate
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southfield has a moderate risk of flooding. 337 properties in Southfield are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Southfield. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Southfield has a moderate risk of wildfire. There are 16 properties in Southfield that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Southfield.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Southfield has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Southfield is most at risk from severe storms. 19,219 properties in Southfield have some risk of being in a severe wind event within the next 30 years.