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Market Intelligence · MI / Southfield

Southfield, MI 48075 Housing Market

The typical home value in Southfield, MI 48075 is $235,439, up 1.4% over the past year as of September 2026. The median list price is $247,725, and homes are spending a median of 51 days on the market.

Updated September 2026Median value$235K

The median home value in Southfield, MI 48075 is $235K as of September 2026, up 1.4% 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 48075 range

$217K to $254K

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

+1.4% over 12 months

Typical home value in 48075 over the last 12 months: $232K in Sep 2025 to $235K in Sep 2026 (+1.4%).

Sep 2025$232K

Sep 2026$235K

The numbers

What is the 48075 housing market like?

Typical home value

$235K

Up1.4%YoY

Median list price

$248K

Down0.9%MoM

Days on market

51

Down1.9%MoM

Homes for sale

71

Up7.6%MoM

Price cuts

14.9%

Down3.6%MoM

New listings

24

Up20.0%MoM

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

The outlook

48075 housing market forecast 2027

+1.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48075 to rise 1.5% by September 2027.

Over the 12 months through September 2026, typical home values in 48075 rose 1.4%, per the Zillow Home Value Index.

Will home prices drop in 48075?

Zillow's forecast does not call for a drop: it expects typical home values in 48075 to rise 1.5% by September 2027, after a 1.4% 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 48075 home prices compare?

  • 48075$235,439
  • 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's 48075 market shows modest but positive movement, with the typical home value at $235,439 and up 1.4% over the past year as of September 2026. There are 71 homes for sale, and 24 new listings came on the market in September 2026. Sellers are asking a median of $247,725, though 14.9% of listings have taken a price cut. With a median of 51 days on market, homes are not moving overnight. For a seller, the takeaway is simple: values are holding up, but pricing accurately from the start matters.

Monthly payment

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20% · $47,088

Common questions

What people ask us.

How much is a home in 48075 worth?

The typical home value in Southfield, MI 48075 is $235,439, up 1.4% over the past year as of September 2026.

How long does it take to sell a home in 48075?

Homes in 48075 are spending a median of 51 days on the market as of September 2026.

Are sellers cutting prices in 48075?

Yes, some are. As of September 2026, 14.9% of listings in 48075 have had a price cut, while the median list price sits at $247,725.

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