All Home Types
Southfield, MI Housing Market
What is the housing market like in Southfield today?
In October 2024, Southfield home prices were up 8.1% compared to last year, selling for a median price of $233K. On average, homes in Southfield sell after 35 days on the market compared to 20 days last year. There were 56 homes sold in October this year, down from 77 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$232,500
+8.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Southfield, MI
$232,500
+8.1%
United States
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Southfield Migration & Relocation Trends
In Sep '24 - Nov '24, 21% of Southfield homebuyers searched to move out of Southfield, while 79% looked to stay within the metropolitan area.
- Across the nation, 0.84% of homebuyers searched to move into Southfield from outside metros.
- Los Angeles homebuyers searched to move into Southfield more than any other metro followed by New York and Washington.
Where are people moving to Southfield from?
- 79% of Southfield homebuyers searched to stay within the Southfield metropolitan area.
- Traverse City was the most popular destination among Southfield homebuyers followed by Cape Coral and Saginaw.
Where are people from Southfield moving to?
Number of People Moving to Southfield
least
most
People are moving to Southfield from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 531 | ||
| 2 | 468 | ||
| 3 | 458 | ||
| 4 | 397 | ||
| 5 | 261 | ||
| 6 | 158 | ||
| 7 | 115 | ||
| 8 | 112 | ||
| 9 | 94 | ||
| 10 | 73 | ||
People are leaving Southfield for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 161 | ||
| 2 | 143 | ||
| 3 | 117 | ||
| 4 | 112 | ||
| 5 | 104 | ||
| 6 | 92 | ||
| 7 | 88 | ||
| 8 | 77 | ||
| 9 | 51 | ||
| 10 | 49 | ||
Methodology
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.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Southfield.
Provided by First Street Foundation
Transportation in Southfield
Learn about the walkability, bikeability, and transit-friendliness of Southfield
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