Madison Heights, MI—48071
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$214,000
0.9% YoY Growth
Household Income
$66,700
32.5% YoY Growth
Days on Market
37
15.0% Longer YoY
Home Price Forecast
1.8%
Median Rent
$1,650
5.0% YoY Growth
1-Bed Rent
$1,040
1.0% YoY Growth
2-Bed Rent
$1,400
3.7% YoY Growth
3-Bed Rent
$1,850
8.1% YoY Growth
Home Price Trends — Madison Heights, MI
As of Nov '25, the median home price in Madison Heights, MI is $214,000, with a year-over-year change of 0.9%. This indicates that home prices in Madison Heights, MI are flat. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $214,000 | 0.9% |
| Single Family | $217,000 | 0.9% |
| Condos | $145,000 | 2.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |