The story of this market
The typical home in ZIP 48076 sells for about $300,256, or $156 per square foot.
Prices are up +1.6% from a year ago, so sellers still have some momentum. Homes take about 19 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,486 a month.
ZIP 48076 — Southfield
The 48076 housing market is currently characterized by a seller-favored environment with low inventory and stable price growth. Demand remains steady, driven by the area's accessibility to major employment hubs and a relatively affordable cost of living compared to other Detroit suburbs.
This ZIP is well-suited for family buyers and professionals seeking a suburban environment with convenient access to Detroit-area employment hubs.
Median prices moved up 1.6% year over year.
Homes spend a median of 19 days on market with 5.5 months of supply — a fast-moving market.
25% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.4% · poverty 6.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 1.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 48076, Oakland County MI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Southfield Public Schools district, which provides a range of educational options for local families.
The area benefits from its proximity to major Detroit-metro employment hubs and ongoing commercial development in Southfield.
Property taxes are assessed by Oakland County and the City of Lathrup Village/Southfield, with rates determined by local millage levies and state-mandated school funding formulas.
Residents have convenient access to I-696 and M-10, providing direct transit routes to downtown Detroit and other major employment centers in Oakland County.
The area features several local parks and green spaces, with proximity to regional shopping centers and dining districts in Southfield and nearby Birmingham.
The rental market remains competitive with a median rent of $1,710, reflecting steady demand for housing in this suburban enclave.
The local economy is anchored by a mix of corporate offices, healthcare services, and retail, benefiting from Southfield's status as a major business center in the Detroit metro area.
The area is highly accessible via major highway corridors including I-696 and the Lodge Freeway (M-10), facilitating regional commuting.
Ongoing redevelopment efforts in Southfield focus on mixed-use projects and infrastructure improvements to support business growth.
The Oakland County Equalization Division oversees property assessments, ensuring uniform valuation across the county's jurisdictions.
Parcels are subject to standard municipal, county, and school district taxes, with no major MUD/PID districts reported.
Property insurance rates are consistent with regional Michigan averages, reflecting standard risk profiles for suburban residential areas.
Data retrieved from US Census Bureau and local market reports.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- C.J. Barrymore's4.419.7 mi
- Dave & Buster's Livonia410.5 mi
- Dave & Buster's Utica4.114.8 mi
- Round1 Bowling & Arcade - Auburn Hills4.114.3 mi
- Adventure Bay Family Water Park Presented by WFCU Credit Union4.416 mi
- Little Caesars Arena4.614.4 mi
- Comerica Park4.714.7 mi
- Ford Field4.614.8 mi
- Pine Knob Music Theatre4.618.3 mi
- Huntington Place4.515.4 mi
- Detroit Zoo4.54.9 mi
- Emagine Royal Oak4.35 mi
- Motown Museum4.712.1 mi
- Emagine Novi4.512.5 mi
- MJR Troy Cinema4.45.8 mi
- Henry Ford Museum of American Innovation4.813.5 mi
- Detroit Institute of Arts4.813.1 mi
- Greenfield Village4.813.5 mi
- Michigan Central4.814.4 mi
- Motown Museum4.712.1 mi
- Cranbrook House & Gardens4.84.9 mi
- Innovation Hills4.710.8 mi
- Red Oaks Waterpark4.47.7 mi
- Heritage Park4.77.3 mi
- Borden Park4.612.4 mi
- Western Golf & Country Club4.67.9 mi
- Novi Putting Edge4.212.5 mi
- On The Dunes Sports4.210.9 mi
- Farmington Hills Golf Club4.29.2 mi
- Rackham Golf Course3.84.2 mi
- Somerset Collection4.65.1 mi
- Twelve Oaks Mall4.411.7 mi
- Oakland Mall4.17.1 mi
- Fairlane Town Center4.112.6 mi
- Detroit Metropolitan Wayne County Airport4.320.5 mi
- Windsor International Airport4.221.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Serves as a central hub for community events and local government services.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.