Photo: Dave Parker · CC BY 3.0234 homes sold in Southfield Township in the last year, at a typical $621K
Redfin reports Southfield Township’s sales by ZIP code, so these figures are for ZIP 48025, which takes in Southfield Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Southfield Township homes are listed.
Every place Southfield Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Southfield Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
12% of Southfield Township’s sales are condos, at $119K less than a house
206 houses and 28 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 206 sold in the year to May 2026
- Per square foot
- $269MI $172
- Days to sell
- 21
- Sold over asking
- 35%
typical sale · 28 sold in the year to May 2026
- Per square foot
- $208MI $190
- Days to sell
- 26
- Sold over asking
- 22%
Fewer homes sell than a decade ago, at 1.8 times the 2016 price
234 sales in the last year, against 325 in 2017 and a low of 221 in 2024. The typical sale went from $346K in 2016 to $621K.
Source: Redfin Data Center, MLS sales; for ZIP 48025, which takes in Southfield Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $600K buys in Southfield Township
Check a listing against what Southfield Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Southfield Township are more common than before the pandemic, but a third fewer homes come up for sale
We read every month of home sales in ZIP 48025 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 234 sales.
If you’re buying in Southfield Township
- Shop in August. It brings about 34 new listings a month, close to the busiest month, with fewer bidding wars (29% over asking).
- Bid near asking. Buyers paid 99.2% of the list price on average; 34% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
July has the most new listings (about 39 a month), but June is the most competitive: 33% of June sales close over asking. February has the least competition (16%) but only about 16 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Michigan
| Southfield Township now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 34% | 17% | 36% | 28% |
| Gone within two weeksShare of homes under contract within 14 days | 50% | 36% | 50% | 40% |
| Price paid vs. askingAverage sale price ÷ list price | 99.2% | 96.9% | 98.9% | 98.1% |
| Days to sellMedian days from listing to contract | 21 | 36 | 25 | 36 |
43 homes for sale on a typical day
That’s 1.3 times the 2023 low (33), 36% fewer than in 2017–19 and well under 2015’s 120.
Since 2019, houses are up 52%, condos 52%
A house typically sold for $638K in the year to May 2026 (206 sales), a condo for $519K (28).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Source: Redfin Data Center, ZIP code tracker; for ZIP 48025, which takes in Southfield Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Southfield Township home costs about $3,914 a month
Price: Southfield Township’s typical sale, last 12 months. Property tax at Southfield Township’s 1.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Southfield Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. January has the fewest, about 16.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $621K home, about $8,090 a year.
Taxes vs. neighborsSchools
The schools grade for Southfield Township, from test results, graduation and how much students grow.
Schools in Southfield TownshipTypical commute
The average one-way trip to work for people who live in Southfield Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Lathrup Village and Southfield sell for less a square foot; Birmingham for far more
The busier markets within 25 miles of Southfield Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Southfield | 614 | $243K | $143 | 32% | 36 |
| Birmingham | 405 | $862K | $365 | 22% | 28 |
| Southfield Township (ZIP 48025) | 234 | $621K | $263 | 34% | 21 |
| Beverly Hills | 168 | $586K | $261 | 37% | 19 |
| Bloomfield Hills | 67 | $1.1M | $269 | 24% | 37 |
| Franklin | 52 | $938K | $282 | 29% | 45 |
| Lathrup Village | 48 | $327K | $155 | 41% | 34 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Southfield Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Southfield Township. People who follow the town see it, and so do people comparing Southfield Township with their own town. No commission, no listing fee.
Questions about buying a home in Southfield Township
What do homes sell for in Southfield Township, MI?
234 homes sold in the year to September 2026 at a typical $621K, $263 a square foot. Houses sold for about $638K, condos for about $519K in the year to May 2026.
Is Southfield Township a buyer’s or seller’s market?
A seller’s market: 56 homes were for sale in September 2026 and 23 sold, about 2.4 months of supply. Buyers paid 99.2% of asking on average.
When is the best time to buy in Southfield Township?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Southfield Township?
About 1.3% of a home’s value a year. On a $621K home that’s near $8,090.
Where can I see homes for sale in Southfield Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Southfield Township’s MLS listings; the search links above open each one filtered to Southfield Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 48025, which takes in Southfield Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).