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Southfield city, MI

ZIP 48033 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48033

Median Home Value
$195,100
Median Rent
$1,126
Affordability Snapshot
$54,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,253/mo PITI).

24%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.5x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

14.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 48033 in Southfield city, MI, a household would need roughly $54,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,253. That is roughly in line with the local median household income ($55,599). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
50.6%-23% vs US avg
x
Vacancy Rate
8.6%-16% vs US avg
x
Broadband Access
88.3%+2% vs US avg
x
4+ Bedrooms
3.3%-78% vs US avg
x
Built Pre-1939
7.1%-45% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
35.7%-28% vs US avg
x
Mortgage-Free
38.6%+1% vs US avg
x
$195,100
Home Value
$1,126
Rent
1971
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached43.6%
  • 1-unit attached7.8%
  • 2-9 units25.7%
  • 10+ units22.7%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$195,100
Median rent$1,126
Owner-occupied50.6%
Vacant8.6%
Price-to-income3.5x
Est. income to buy$54,000