Foreclosure Homes in Southfield, MI 48076

Current Market Conditions in Southfield, MI

The real estate market in Southfield has experienced steady growth over the past year, fueled by increasing demand for housing and a variety of home styles to choose from. With new developments and revitalization efforts underway, the city has attracted both buyers and investors looking for opportunities in this suburban market. The combination of affordability and proximity to Detroit makes Southfield particularly appealing.

Rent Prices In Southfield, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Southfield, MI, is on a rollercoaster ride. The average rent price in Southfield, MI, is $1,499.00. Indeed, when looking to rent in Southfield, MI, you can expect to pay as little as $640.00 or as much as $3,300.00, with the average rent median estimated to be $1,460.00. The good news is that finding an affordable and desirable property to rent in Southfield, MI -- 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.