Southfield, MA Foreclosures
How much do homes sell for in Southfield, MA?
The average home price is currently $779,475.
In Southfield, MA, how many homes are available?
There are currently 1 active home listings available in Southfield.
What’s the average rental cost in Southfield, MA?
The average rental price in Southfield is $1,759.
What is the most expensive home in Southfield?
The most expensive home sold in Southfield had a price of $9,961,955.
What is currently the cheapest priced home in Southfield, MA?
The cheapest home for sale in Southfield is priced at $56,885.
Living in Southfield, MA
Southfield, MA is a charming community nestled in western Massachusetts, known for its peaceful environment and a host of outdoor recreational activities. With friendly neighbors, a focus on education, and local amenities, it's the perfect place for families looking for a quiet lifestyle. The town's picturesque landscape and active community events make Southfield a delightful place to call home.
Current Market Conditions in Southfield, MA
The real estate market in Southfield, MA is currently showing a trend of steady growth. Homes in the area have been appreciating in value, fueled by an influx of families seeking the tranquility of rural living while enjoying access to modern amenities. The average days on the market for listings have decreased, indicating a competitive environment for potential buyers. More developers are becoming interested in constructing new homes, showcasing the area's ongoing desirability.
In recent months, the demand for homes has led to an increase in new listings, creating a more balanced market. Buyers are actively engaging, but the supply still struggles to keep pace with demand. This has raised prices slightly, though homes are still relatively affordable compared to nearby urban areas.
Home Value Estimator For Southfield, MA
There are currently 208 real estate properties
in Southfield, MA,
with a median automated valuation model (AVM) price
of $516,012.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Southfield, MA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Southfield, MA,
is $779,475.00, with the most expensive house
in Southfield, MA, topping out
at $9,961,955.00 and the cheapest home
in Southfield, MA,
clocking in at $56,885.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Southfield, MA!
Rent Prices
In Southfield, MA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Southfield, MA, is on
a rollercoaster ride. The
average rent price in Southfield, MA,
is $1,759.00. Indeed, when looking to rent in
Southfield, MA, you can expect to pay as little
as $1,020.00 or as much
as $3,330.00,
with the average rent median estimated to
be $1,660.00. The good news is that finding
an affordable and desirable property to rent in Southfield, MA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
