Market Intelligence · MI / Southfield

Southfield, MI 48076 Housing Market

The typical home in Southfield's 48076 ZIP code is worth $300,256, up 1.6% over the past year as of 2026-07-01. The median list price sits at $299,000, and homes are spending a median of 35 days on the market.

Updated August 2026Median value$295K

The median home value in Southfield, MI 48076 is $295K as of August 2026, up 1.8% 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 48076 range

$272K to $319K

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

+1.8% over 12 months

Typical home value in 48076 over the last 12 months: $290K in Aug 2025 to $295K in Aug 2026 (+1.8%).

Aug 2025$290K

Aug 2026$295K

The numbers

What is the 48076 housing market like?

Typical home value

$295K

Up1.8%YoY

Median list price

$299K

Up5.6%MoM

Days on market

35

Up6.1%MoM

Homes for sale

55

Up25.0%MoM

Price cuts

23.5%

Up91.5%MoM

New listings

32

Down15.8%MoM

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

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The comparison

How do 48076 home prices compare?

  • 48076$295,230
  • 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

As of 2026-08-01, there are 55 homes for sale in 48076, with 32 new listings adding fresh competition. The median list price is $299,000, close to the typical home value of $300,256, which suggests sellers are pricing near actual values. Homes are moving at a median of 35 days on market, a pace that gives buyers some time to compare options. About 23.5% of listings have taken a price cut, so some sellers are having to adjust after going to market. For a seller, the practical takeaway is that pricing accurately from day one matters more than testing the market high.

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