Southfield, MI housing market: October 2026

In October 2026, 29 residential sales closed in Southfield, at a median price of $265,000, down 7.0% from October 2025. Days on market until sale: 38. 164 homes were for sale at the end of the month, 4.4 months of supply. 9 condos sold, at a median of $170,000.

Median sale price: $265,000; October 2025: $285,000 (−7.0%)
Closed sales: 29; October 2025: 40 (−27.5%)
Days on market until sale: 38; October 2025: 22 (+72.7%)
Months of supply: 4.4; October 2025: 2.6 (+69.2%)

Residential sales, October 2026 against October 2025. From Realcomp's Local Market Update; sources below.

Homes for sale in Southfield Property tax in Southfield Our Southfield and Lathrup Village guide

Every figure for October 2026

Residential
Measure	October 2025	October 2026	Change	Year to date 2025	Year to date 2026	Change
New listings	73	79	+8.2%	607	632	+4.1%
Pending sales	44	29	−34.1%	427	375	−12.2%
Closed sales	40	29	−27.5%	424	378	−10.8%
Days on market until sale	22	38	+72.7%	30	36	+20.0%
Median sale price*	$285,000	$265,000	−7.0%	$276,250	$275,000	−0.5%
Average sale price*	$283,943	$290,069	+2.2%	$278,115	$285,805	+2.8%
Percent of list price received*	98.6%	97.8%	−0.8%	99.1%	98.9%	−0.2%
Homes for sale at month's end	110	164	+49.1%	–	–	–
Months of supply	2.6	4.4	+69.2%	–	–	–

Condos
Measure	October 2025	October 2026	Change	Year to date 2025	Year to date 2026	Change
New listings	30	27	−10.0%	219	227	+3.7%
Pending sales	14	15	+7.1%	133	123	−7.5%
Closed sales	13	9	−30.8%	134	110	−17.9%
Days on market until sale	44	27	−38.6%	42	58	+38.1%
Median sale price*	$155,000	$170,000	+9.7%	$172,500	$180,000	+4.3%
Average sale price*	$150,423	$170,711	+13.5%	$174,235	$187,180	+7.4%
Percent of list price received*	98.1%	99.2%	+1.1%	99.1%	98.1%	−1.0%
Homes for sale at month's end	50	66	+32.0%	–	–	–
Months of supply	3.7	5.7	+54.1%	–	–	–

* Does not account for sale concessions or down payment assistance. Percent changes are Realcomp's, calculated from rounded figures, and can look extreme where there are few sales. Residential and condo sales are counted apart.

Nearby: Oakland County

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