Market Intelligence · MI / Southfield

Southfield, MI 48033 Housing Market

The typical home value in Southfield, MI 48033 is $231,196, up 2.4% over the past year as of 2026-07-01. As of 2026-08-01, the median list price is $199,948 and homes spend a median of 53 days on market.

Updated August 2026Median value$227K

The median home value in Southfield, MI 48033 is $227K as of August 2026, up 2.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 48033 range

$209K to $246K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.4% over 12 months

Typical home value in 48033 over the last 12 months: $222K in Aug 2025 to $227K in Aug 2026 (+2.4%).

Aug 2025$222K

Aug 2026$227K

The numbers

What is the 48033 housing market like?

Typical home value

$227K

Up2.4%YoY

Median list price

$200K

Down1.6%MoM

Days on market

53

Up47.2%MoM

Homes for sale

38

Up8.6%MoM

Price cuts

24.1%

Up42.3%MoM

New listings

12

Down45.5%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 48033 home prices compare?

  • 48033$227,451
  • Southfield$246,865
  • Michigan$243,093
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Southfield: 4 ZIPs; Michigan: 891 ZIPs; United States: 26,265 ZIPs).

Context

Southfield's 48033 market shows modest appreciation, with the typical home value at $231,196 and a gain of 2.4% over the past year. Sellers are listing below that typical value, with a median list price of $199,948 as of 2026-08-01. Inventory is limited, with 38 homes for sale and 12 new listings. Homes are taking a median of 53 days to sell, and 24.1% of listings have taken a price cut. For a seller, this is a slow but steady market where realistic pricing from day one matters more than waiting for buyers to come to you.

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