Why Live in Southfield
Southfield, known as "The Center of it All," is strategically located between downtown Detroit and Pontiac, Michigan, making it a convenient spot for commuters. The city is a business and commercial hub, home to Ascension Providence Hospital and the Southfield Town Center, which houses several Fortune 500 companies. Major freeways like the John C. Lodge Freeway and US 696, along with thoroughfares such as Telegraph Road and Northwestern Highway, provide easy access around the metro Detroit area. The city is working on enhancing its pedestrian-friendly features with urban trails that include benches, dog-resting stations, and vibrant public art. Residential areas feature 2,000-square-foot homes in styles like ranch, bungalow, Cape Cod, and Tudor, mostly built in the 1940s and '50s, with newer developments also present. Southfield's neighborhoods often feel secluded despite their proximity to high-rises and highways, with some areas offering larger, semi-wooded lots along the Rouge River. Shopping and dining are concentrated along Telegraph Road, with popular spots like Nikola's Barbecue and the Original House of Pancakes. Recreational spaces include Beech Woods Recreation Center and Burgh Historical Park, which hosts summer concerts. Southfield experiences all four seasons, with snowy winters and warm summers. The city remains a vibrant community with a blend of suburban, rural, and urban living.
Home Trends in Southfield, MI
On average, homes in Southfield, MI sell after 40 days on the market compared to the national average of 50 days. The median sale price for homes in Southfield, MI over the last 12 months is $230,500, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$230,500
Median Single Family Sale Price
$260,000
Median Townhouse Sale Price
$165,000
Median 2 Bedroom Sale Price
$168,500
Median 1 Bedroom Sale Price
$140,000
Average Price Per Sq Ft
$157
Number of Homes for Sale
107
Last 12 months Home Sales
702
Median List Price
$240,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
2%
