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Southfield, MI Housing

 
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As of 2010-2014, median price of a house in Southfield is $104,100, which is lower than the state average of $120,200 and is much lower than the national average of $175,700. The Southfield median house value has shrunk by 33.01% since 2000. The growth rate for the price of a house in Southfield is lower than the state average rate of 3.98% and is much lower than the national average rate of 46.91%. The median year that a house in Southfield was built is 1969, which is about the same as the median year for a house built in the state which is 1969 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 15,901 Owner Occupied Houses in Southfield, MI, #251
Southfield, MI
104,100 USD
Michigan
120,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #598
Southfield, MI
-33.01%
Michigan
3.98%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Southfield, MIMichiganU.S.
Total Housing Units35,884, see rank, 100%4,532,719132,741,033
Occupied Housing Units31,930, 88.98%, see rank84.45%87.55%
Owner Occupied15,901, 44.31%, see rank60.41%56.34%
Renter Occupied16,029, 44.67%, see rank24.04%31.21%
Vacant Housing Units3,954, 11.02%, see rank15.55%12.45%
For Rent1,579, 4.40%, see rank1.84%2.34%
For Sale Only416, 1.16%, see rank1.40%1.20%
Rented or Sold, Not Occupied948, 2.64%, see rank1.04%0.92%
For Seasonal, Recreational, or Occasional Use147, 0.41%, see rank6.26%3.97%
For Migrant Workers0, 0.00%, see rank0.05%0.03%
Other Vacant864, 2.41%, see rank4.96%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #227
Southfield, MIMichiganU.S.
196919691976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Southfield, MI%MichiganU.S.
Owner-Occupied Units15,901100%2,738,01274,787,460
With a Mortgage11,25170.76%, see rank63.63%65.58%
Without a Mortgage4,65029.24%, see rank36.37%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Southfield, MI
1,564 USD
Michigan
1,295 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsSouthfield, MI%MichiganU.S.
$299 or Less180.16%, see rank0.19%0.20%
$300 to $4991281.14%, see rank1.88%1.59%
$500 to $6993683.27%, see rank6.65%5.01%
$700 to $9991,0509.33%, see rank19.56%14.32%
$1,000 to $1,4993,49631.07%, see rank34.69%27.90%
$1,500 to $1,9993,52731.35%, see rank20.06%20.35%
$2,000 to $2,9992,32320.65%, see rank12.84%19.52%
$3,000 or More3413.03%, see rank4.13%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Southfield, MI
23.60% of the Total Income
Michigan
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Southfield, MI%MichiganU.S.
10% or Less5564.94%, see rank5.90%5.86%
10% to 20%3,70032.89%, see rank35.28%31.95%
20% to 30%2,83025.15%, see rank27.51%27.64%
30% to 40%1,55513.82%, see rank12.63%13.74%
40% or More2,54022.58%, see rank18.20%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Southfield, MI
636 USD
Michigan
463 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsSouthfield, MI%MichiganU.S.
$199 or Less250.54%, see rank4.74%7.76%
$200 to $2991272.73%, see rank12.46%14.70%
$300 to $4991,16925.14%, see rank40.41%34.63%
$500 to $6991,54233.16%, see rank25.95%21.16%
$700 or More1,78738.43%, see rank16.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Southfield, MI
15.30% of the Total Income
Michigan
13.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Southfield, MI%MichiganU.S.
10% or Less1,56433.63%, see rank35.33%40.19%
10% to 20%1,39129.91%, see rank33.76%31.47%
20% to 30%56112.06%, see rank13.39%12.24%
30% to 40%3768.09%, see rank6.18%5.64%
40% or More70715.20%, see rank9.99%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Southfield, MIMichiganU.S.
Total Housing Units35,884, 100%4,532,719132,741,033
1-unit, Detached16,675, 46.47%, see rank71.97%61.65%
1-unit, Attached2,557, 7.13%, see rank4.66%5.82%
2 Units293, 0.82%, see rank2.58%3.75%
3 or 4 Units1,634, 4.55%, see rank2.56%4.43%
5 to 9 Units4,537, 12.64%, see rank4.20%4.78%
10 or More Units10,149, 28.28%, see rank8.58%13.08%
Mobile Home, Boat, RV, Van, etc.39, 0.11%, see rank5.45%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Southfield, MIMichiganU.S.
Total Housing Units35,884, 100%4,532,719132,741,033
1 Room593, 1.65%, see rank1.24%1.95%
2 Rooms831, 2.32%, see rank1.78%2.48%
3 Rooms4,442, 12.38%, see rank7.14%9.13%
4 Rooms7,141, 19.90%, see rank14.38%16.60%
5 Rooms6,226, 17.35%, see rank21.00%20.41%
6 Rooms5,802, 16.17%, see rank20.07%18.06%
7 Rooms4,248, 11.84%, see rank13.45%12.27%
8 Rooms3,181, 8.86%, see rank9.27%8.48%
9 Rooms or More3,420, 9.53%, see rank11.67%10.60%
Median Rooms5.30, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Southfield, MIMichiganU.S.
Total Housing Units35,884, 100%4,532,719132,741,033
No Bedroom593, 1.65%, see rank1.35%2.17%
1 Bedroom6,650, 18.53%, see rank9.11%11.16%
2 Bedrooms11,648, 32.46%, see rank26.33%26.69%
3 Bedrooms10,907, 30.40%, see rank43.93%39.70%
4 Bedrooms5,174, 14.42%, see rank15.80%16.05%
5 or More Bedrooms912, 2.54%, see rank3.47%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Southfield, MIMichiganU.S.
Total Housing Units31,930, 100%3,827,880116,211,092
Utility Gas27,485, 86.08%, see rank77.13%48.85%
Bottled, Tank, or LP Gas277, 0.87%, see rank8.48%4.86%
Electricity3,752, 11.75%, see rank8.30%36.68%
Fuel Oil, Kerosene, etc.88, 0.28%, see rank1.40%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood120, 0.38%, see rank3.39%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel108, 0.34%, see rank0.86%0.47%
No Fuel Used100, 0.31%, see rank0.39%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalSouthfield, MIMichiganU.S.
Occupied Units Paying Rent15,663, 100%1,028,83539,201,928
$199 or Less118, 0.75%, see rank1.86%1.50%
$200 to $299172, 1.10%, see rank3.88%3.18%
$300 to $499351, 2.24%, see rank9.32%7.37%
$500 to $6991,363, 8.70%, see rank23.63%16.01%
$700 to $9996,501, 41.51%, see rank35.23%29.17%
$1,000 to $1,4995,308, 33.89%, see rank20.17%26.88%
$1,500 to $1,9991,385, 8.84%, see rank3.85%9.79%
$2,000 or More465, 2.97%, see rank2.06%6.10%
Median$972, see rank$780$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Southfield, MIMichiganU.S.
Occupied Housing Units31,930, 100%3,827,880116,211,092
No Vehicles Available3,195, 10.01%, see rank7.97%9.12%
1 Vehicles Available14,569, 45.63%, see rank35.06%33.80%
2 Vehicles Available10,139, 31.75%, see rank38.45%37.48%
3 or More Vehicles Available4,027, 12.61%, see rank18.52%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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