Is Southfield, MA 01259 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Southfield is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.3Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list86.8%Sold price ÷ list price
Median days on market187Listing to accepted offer
Median price per sq ft$285▼ −21.4% vs. last year

The Southfield housing market right now

In the three months ending August 31, 2026, 17% of homes in Southfield, MA 01259 sold above their list price, the typical home went under contract in 187 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold faster (226 days then) and the median sale price fell 44% to $477,293. Overall, Southfield is less competitive than a year ago, which gives buyers more room.

Within Berkshire County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 68%.

Nearby, buyers who want less competition could look at Drury 01343 (0% sold over asking) or Stockbridge 01262 (0% sold over asking), while South Lee 01260 (100% sold over asking) and Dalton 01226 (57% sold over asking) are even more competitive.

Nearby markets

Adams 01220Seller’s market $193 /sq ftAshley Falls 01222Seller’s market $238 /sq ftBecket 01223Buyer’s market $258 /sq ftCheshire 01225Seller’s market $175 /sq ft Browse all markets →

Where Southfield is

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Questions about Southfield real estate

Is Southfield a buyer’s or seller’s market?

A balanced market: there were 4.3 months of supply in Southfield, MA 01259 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Southfield?

The typical home went under contract in 187 days in the latest three months.

Do homes in Southfield sell over asking?

17% of homes sold above their original list price, and the typical sale closed at 86.8% of the list price.

What are property taxes in Southfield?

About 1.32% of a home’s value a year in Berkshire County, or roughly $5,280 on a $400,000 home.

What is the median home price in Southfield?

The median sale price was $477,293 in the three months ending August 31, 2026, about $285 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology