Market Intelligence · MI / Southfield

Southfield, MI 48033 Housing Market

The typical home value in Southfield, MI 48033 is $226,145 as of September 2026, up 2.3% over the past year. The median list price is $196,000, and the median days on market is 45.

Updated September 2026Median value$226K

The median home value in Southfield, MI 48033 is $226K as of September 2026, up 2.3% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 48033 range

$208K to $244K

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

+2.3% over 12 months

Sep 2025$221K

Low $221KHigh $226K

Sep 2026$226K

The numbers

What is the 48033 housing market like?

As of September 2026

Typical home value

$226K

2.3%YoY

Median list price

$196K

2.0%MoM

Days on market

15.1%MoM

Homes for sale

13.2%MoM

Price cuts

18.3%

23.9%MoM

New listings

66.7%MoM

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

The outlook

48033 housing market forecast 2027

+1.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48033 to rise 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in 48033 rose 2.3%, per the Zillow Home Value Index.

Will home prices drop in 48033?

Zillow's forecast does not call for a drop: it expects typical home values in 48033 to rise 1.6% by September 2027, after a 2.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 48033 home prices compare?

48033$226,145
Southfield$244,680
Michigan$241,156
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Southfield: 4 ZIPs; Michigan: 891 ZIPs; United States: 26,262 ZIPs).

Context

Southfield, MI 48033 had 43 homes for sale as of September 2026, with 20 new listings entering the market. The median list price was $196,000, and homes spent a median of 45 days on market. The typical home value was $226,145, up 2.3% over the past year. Price cuts appeared on 18.3% of listings, which shows some sellers are adjusting after listing. For a seller, the honest read is that values are still rising, but buyers are not absorbing every asking price.

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Down payment20% · $45,229

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Common questions

What people ask us.

How much is a home in 48033 worth?

The typical home value in Southfield, MI 48033 is $226,145 as of September 2026, up 2.3% over the past year.

How fast are homes selling in 48033?

The median days on market is 45 as of September 2026, with 43 homes for sale and 20 new listings.

Are sellers cutting prices in 48033?

As of September 2026, 18.3% of listings have a price cut, while the median list price is $196,000.

Discover

Nearby ZIP markets.

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