Housing in Madison Heights, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$200,581
Median List Price
$219,999
Price Per Sq Ft
$168
Days on Market
42
Active Inventory
38
Months of Supply
2.0
Seller's market
Zillow Home Value
$211,546
ZHVI — January 2026
Zillow Rent Index
$1,618
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
31.6%
Off Market in 2 Weeks
34.6%
Sale-to-List Ratio
97.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
19
New Listings
21
Pending Sales
26
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$168
Median List $/SF
$173
Madison Heights vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Madison Heights is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$190,300
Median Rent
$1,138
Total Housing Units
14,690
Vacancy Rate
6.8%
Owner Occupied
63.8%
Renter Occupied
36.2%
Median Property Tax
$2,825
per year
Monthly Cost (w/ Mortgage)
$985
Housing Types
The current median sale price in Madison Heights, MI is $200,581 according to Redfin data. Homes spend a median of 42 days on the market. 31.6% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $168. Zillow's observed rent index is $1,618/month. About 63.8% of housing units are owner-occupied. The median year homes were built is 1960. There are 14,690 total housing units.