Southfield, MI Real Estate

According to census data in the year 2000 there were 35,698 housing units in Southfield. This represents a 1.8% growth from 35,054 in 1990.

Of those housing units, 35,698 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Southfield is about 54.1%. Southfield's vacancy rate, including seasonal lodging, is about 4.8%. Average household size is 2.27 people.

The majority of houses, apartments or condos in Southfield were built after 1967.


Housing Size

Housing Units by Size
Studio Type2.50%
One Bedroom19.90%
Two Bedrooms32.20%
Three Bedrooms28.90%
Four Bedrooms14.70%
Five Bedrooms or more1.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.62
Median year structure was built1964
Median Value of occupied units$155,400
Median Price asked for vacant units$146,100

Rented Homes, Apartments and Condos

Average Household Size1.85
Median year structure was built1973
Median Monthly Rent asked for vacant units$804

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage6.50%
Home Equity Loan10.40%
Simple Mortgage62.40%
Debt Free20.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.3%