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Southfield, MI Foreclosures

How much do homes sell for in Southfield, MI?
The average home price is currently $286,871.
In Southfield, MI, how many homes are available?
There are currently 27 active home listings available in Southfield.
What’s the average rental cost in Southfield, MI?
The average rental price in Southfield is $1,499.
What is the most expensive home in Southfield?
The most expensive home sold in Southfield had a price of $32,020,299.
What is currently the cheapest priced home in Southfield, MI?
The cheapest home for sale in Southfield is priced at $10,497.

Living in Southfield, MI

Southfield, MI, is a dynamic city filled with amenities and a rich business environment. Known for its accessibility and suburban charm, Southfield caters to families and professionals with exciting parks and shopping centers. The city's robust economy and diverse community make it an attractive place to live or invest in real estate.

Current Market Conditions in Southfield, MI

The real estate market in Southfield has shown healthy growth trends recently, with increased demand for housing due to its convenient location and amenities. Homes in this area typically appreciate in value, and the market remains competitive with a variety of options for buyers.

Buyer interest has been rising, fueled by new developments and revitalization efforts in the area, enhancing Southfield's appeal and encouraging both families and young professionals to consider it as their new home.

Home Value Estimator For Southfield, MI

There are currently 23,137 real estate properties in Southfield, MI, with a median automated valuation model (AVM) price of $259,026.00. 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, MI, 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, MI, is $286,871.00, with the most expensive house in Southfield, MI, topping out at $32,020,299.00 and the cheapest home in Southfield, MI, clocking in at $10,497.00. In other words, there’s something for every potential homebuyer or savvy investor in Southfield, MI!

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.

Southfield, MI Search Results


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