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Edgemont, Southfield

SOUTHFIELD, MI 48033

Real Estate Market Report  ·  Oakland County
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 48033

Edgemont, Southfield

Market Analysis

Data as of February 2026. Source: Realtor.com.

The SOUTHFIELD, MI real estate market (48033) currently shows 38 active listings, with 17 pending sales. Homes are averaging 40 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 40 days on market compared to 37 days last year.

The median listing price has fallen 8.8% year-over-year, from $226,225 to $206,250.

Whether you are buying or selling in SOUTHFIELD, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 17,380  ·  Density: 735.2/mi²  ·  Median household income: $54,307

Typical home value: $177,203  ·  Homeownership: 51.9%

Market Overview

Active Listings
38
⇧ 2.7% vs 37 last year
Pending
17
45% pending ratio
Median Price
$206,250
⇩ 8.8% vs $226,225 last year
Average Price
$223,757
⇩ 8.7% vs $245,142 last year
Days on Market
40
⇧ 8.1% vs 37 days last year

Price Per Square Foot

Median $/sqft
$141
⇩ 8.4% vs $154/sqft last year
Median Home Size
1,409 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 38 this year vs 37 last year
  • Days on market: 40 now vs 37 last year

Median & Average Pricing

Year over Year
  • Median: $206,250 (-8.8% YoY)
  • Average: $223,757 (-8.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.3 miles — 1,191 listings ($268,749,784 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48033Southfield, MI 480330.0 mi39$9,338,433$217,500$239,447
48240Redford, MI 482402.9 mi51$8,207,634$159,900$160,934
48336Farmington, MI 483363.1 mi83$28,172,939$267,450$339,433
48076Southfield, MI 480763.7 mi64$18,626,368$285,000$291,037
48334Farmington, MI 483344.3 mi41$14,447,744$289,900$352,384
48223Detroit, MI 482235.4 mi107$12,457,154$84,900$116,422
48235Detroit, MI 482355.4 mi217$28,921,326$129,900$133,278
48072Berkley, MI 480725.7 mi36$13,545,684$344,950$376,269
48239Redford, MI 482396.1 mi107$19,557,032$184,950$182,776
48154Livonia, MI 481546.4 mi48$16,860,288$349,900$351,256
48331Farmington, MI 483316.7 mi38$19,869,022$484,000$522,869
48227Detroit, MI 482277.2 mi250$25,865,750$95,000$103,463
48073Royal Oak, MI 480737.3 mi110$52,880,410$375,000$480,731

Frequently Asked Questions

How many homes are for sale in SOUTHFIELD, MI 48033?

As of February 2026, there are 38 active listings in SOUTHFIELD, MI (zip code 48033), compared to 37 the prior year.

What is the median home price in SOUTHFIELD, MI 48033?

The median listing price in SOUTHFIELD, MI 48033 is $206,250 as of February 2026, a 8.8% decrease from $226,225 the prior year.

How long do homes stay on the market in SOUTHFIELD, MI?

Homes in SOUTHFIELD, MI 48033 spend an average of 40 days on the market before going under contract, compared to 37 days the prior year.

Is it a seller's or buyer's market in SOUTHFIELD, MI 48033?

Based on current inventory and days-on-market data as of February 2026, SOUTHFIELD, MI 48033 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 40 days on market compared to 37 days last year.

How much can I save on real estate commission in SOUTHFIELD, MI?

With SELL123.com's maximum 3% commission, sellers in SOUTHFIELD, MI 48033 save an estimated $4,125 compared to a typical 5% commission on the median listing price of $206,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.