The median home in Southfield, Michigan is valued at $243,792, up 1.1% year over year. Typical monthly rent is $1,533, producing a price-to-rent ratio of 13.3x — below the national average of 18x. Southfield is part of the Detroit-Warren-Dearborn, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Detroit-Warren-Dearborn, MI stress score, crash risk, and 12-month forecast →

Home Value$243,792

+1.1%

Rent$1,533/mo

AFFORDABILITY

Enter your income for Southfield.

Income (annual)

Down Payment

$48,758 on $243,792

Affordable — 26.9% of income

Under the 28% guideline.

PITI$1,679

P/I26.9%

Afford$254K

Room+$10K

P&I $1,233Tax $313Ins $133

Renting $146/mo cheaper ($1,533 rent)6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Michigan

Compare Southfield with other housing markets across Michigan.

Lake Angelus$1659K Leland$1097K Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K

Full Detroit-Warren-Dearborn, MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Detroit-Warren-Dearborn, MI metro.

View Detroit-Warren-Dearborn, MI metro →

SOUTHFIELD, MI