Explore Southfield
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Why Live in Southfield
Southfield, MI, is strategically located between downtown Detroit and Pontiac, making it a convenient spot for commuters. The city is a recognized business and commercial hub, with Ascension Providence Hospital being the largest employer. The Southfield Town Center, with its golden high rises, houses several Fortune 500 companies, restaurants, and a conference center. Major freeways like the John C. Lodge Freeway and US 696, along with thoroughfares such as Telegraph Road and Northwestern Highway, facilitate easy travel around the metro Detroit area. Southfield is working on becoming more pedestrian-friendly, with urban trails featuring benches, dog-resting stations, and bike-repair stations. Residential areas are characterized by quiet, tree-lined streets with homes in styles like ranch, bungalow, Cape Cod, and Tudor, many built in the 1940s and ‘50s. Larger properties with semi-wooded backyards can be found west of Telegraph Road, offering a more rural feel. The Southfield Public School District serves close to 5,000 students, and Lawrence Technological University provides higher education specializing in engineering, design, and architecture. Shopping and dining are concentrated along Telegraph Road, Evergreen Road, and Northwestern Highway, with popular spots like Nikola's Barbecue and Cornbread Restaurant. Recreational spaces include Beech Woods Recreation Center and Burgh Historical Park, which hosts summer concerts. The city experiences all four seasons, with cold winters and warm summers.
Home Prices in Southfield, MI
The median home sale price in Southfield, MI is $241,000, up 4% year-over-year. Homes in Southfield sell in 42 days on average, compared to the national average of 56 days.
Home Price Trends
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Median Sale Price
$241,000
|
Median Single Family Sale Price
$272,000
|
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Median Townhouse Sale Price
$197,500
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Median 2 Bedroom Sale Price
$170,000
|
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Median 1 Bedroom Sale Price
$106,000
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Average Price Per Sq Ft
$153
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Number of Homes for Sale
158
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Last 12 months Home Sales
606
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Months of Supply
3.10
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Median List Price
$249,999
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Median Change From 1st List Price
2%
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Median Home Sale Price YoY Change
4%
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