48034 Home Values & Market Trends

There are 102 homes currently listed for 48034. 48034 real estate market trends show that home prices range from $139,000 to $539,999, and the median sales price in the 48034 zip code is $297,402. The total number of properties sold within the past twelve months is 110. In 48034, 13 properties are in foreclosure, 1 are bank owned properties,and 12 are headed for auction.

48034 Real Estate Market Overview

CityMedian Est. Value
Southfield

$ 254,560

$ 160/sqft

Housing Market Summary for 48034

Sep 2025September 2026Change
Median Listing Price$257.4K$287.3K11.58%
Median Sold Price$279.8K$292.1K4.39%
Homes For Sale8010025.00%
Homes Sold4933-32.65%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 48034

The median list price of a home in Southfield, is $297,402. A total of 102 properties are for sale, and the percentage of properties for sale in the zip code is 102.00%. The total count of 48034 properties is 161.

Foreclosure
There is 1 cities within 48034; within this cities, the median estimated home value for homes in foreclosure ranges from $473,111 in southfield to the lowest value of $65,046 in southfield. Foreclosure homes account for 8.00% of properties in 48034 with southfield containing 69 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 48034 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 48034; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 48034 ranges from the highest value of $429,900 in southfield to the lowest value of $91,069 in southfield. Bank owned homes and properties account for 0.62% of properties in 48034. There is 1 cities within 48034; southfield containing 10 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    southfield has 59 auction properties, the highest number of properties going to auction in a single city in the state of 48034. Auction homes and other auction properties account for 7.45% of all properties in 48034. There is 1 cities within 48034; of that cities, the median estimated home value for homes going to auction ranges from $473,111 in southfield to the lowest value of $65,046 in southfield.
Homes for Sale
Homes and properties that are actively listed for sale account for 63.35% of residential properties in 48034 with southfield containing 976 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 48034; homes for sale in that cities, have a range of median values from $649,999 in southfield to the lowest value of $47,162 in southfield.
    Sold Homes
    The median value for recently sold homes ranges from $637,352 in southfield to the lowest price of $52,000 in southfield. There is 1 cities within 48034. southfield has 288 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 20.50% of properties in 48034.

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      Guide for 48034

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.