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Madison Heights, MI Real Estate & Property Data

Madison Heights Real Estate Market Trends

Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Madison Heights, MI 48071. ATTOM’s Madison Heights real estate data is updated daily, and current market trends show that in Madison Heights, MI a total of 489 residential properties have sold over the past year. With a median home price of $235,000 in Madison Heights. Get detailed property data for Madison Heights, MI instantly. ATTOM is your one-stop-shop for the Madison Heights property reports and real estate data you need in Madison Heights, MI.

Madison Heights Real Estate Market Trends

Get property data for any address in Madison Heights, MI or the country:

Total Residential Properties 10,169

Total Commercial Properties 597

Avg. Home Age (Single Family Home) 67 Years

Avg. Square Feet (Single Family Home) 1,117

Total 2025 Residential Sales (year-to-date) 59

% of Homes Seriously Underwater (Q2 2025) 0.62%

Total 2024 Residential Sales 471

% of Equity Rich Homes (Q2 2025) 39.25%

Effective 2024 Property Tax 1.36%

Total Foreclosure Filings (year-to-date) 2

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Madison Heights, MI 48071 Real Estate Overview

There were 489 residential properties sold in the past year in Madison Heights, MI 48071. The median home value in Madison Heights, MI 48071 is $212,787. There are a total of 10,169 residential properties in the 48071.

Median Sales Price i

$235,000

(Feb 2025)

+2.2%

year-over-year

y-o-y

February '25 Feb '25 $235,000
January '25 Jan '25 $228,000
December '24 Dec '24 $252,000
November '24 Nov '24 $224,500
October '24 Oct '24 $217,500
September '24 Sep '24 $234,500
August '24 Aug '24 $228,750
July '24 Jul '24 $240,000
June '24 Jun '24 $253,750
May '24 May '24 $236,000
April '24 Apr '24 $240,000
March '24 Mar '24 $211,000

Median Down Payment i

$14,525

(Feb 2025)

-51.6%

year-over-year

y-o-y

February '25 Feb '25 $14,525
January '25 Jan '25 $40,500
December '24 Dec '24 $22,625
November '24 Nov '24 $18,000
October '24 Oct '24 $30,000
September '24 Sep '24 $26,950
August '24 Aug '24 $37,500
July '24 Jul '24 $14,055
June '24 Jun '24 $35,275
May '24 May '24 $18,750
April '24 Apr '24 $34,000
March '24 Mar '24 $14,000

Number of Homes Sold i

29

(Feb 2025)

-6.5%

year-over-year

y-o-y

February '25 Feb '25 29
January '25 Jan '25 30
December '24 Dec '24 34
November '24 Nov '24 34
October '24 Oct '24 52
September '24 Sep '24 35
August '24 Aug '24 40
July '24 Jul '24 46
June '24 Jun '24 33
May '24 May '24 45
April '24 Apr '24 41
March '24 Mar '24 39

Number of Purchase Loans i

25

(Feb 2025)

-26.5%

year-over-year

y-o-y

February '25 Feb '25 25
January '25 Jan '25 28
December '24 Dec '24 29
November '24 Nov '24 28
October '24 Oct '24 38
September '24 Sep '24 27
August '24 Aug '24 31
July '24 Jul '24 36
June '24 Jun '24 26
May '24 May '24 37
April '24 Apr '24 32
March '24 Mar '24 31

Number of REFI Loans i

22

(Feb 2025)

+100%

year-over-year

y-o-y

February '25 Feb '25 22
January '25 Jan '25 18
December '24 Dec '24 21
November '24 Nov '24 28
October '24 Oct '24 35
September '24 Sep '24 21
August '24 Aug '24 23
July '24 Jul '24 22
June '24 Jun '24 12
May '24 May '24 22
April '24 Apr '24 16
March '24 Mar '24 17

Number of HELOC Loans i

8

(Feb 2025)

+33.3%

year-over-year

y-o-y

February '25 Feb '25 8
January '25 Jan '25 11
December '24 Dec '24 6
November '24 Nov '24 6
October '24 Oct '24 10
September '24 Sep '24 7
August '24 Aug '24 10
July '24 Jul '24 5
June '24 Jun '24 8
May '24 May '24 6
April '24 Apr '24 18
March '24 Mar '24 5

Madison Heights, MI 48071 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2

Madison Heights, MI 48071 Foreclosure Activity

Total Foreclosure Filings i

February '25 Feb '25 N/A
January '25 Jan '25 2
December '24 Dec '24 1
November '24 Nov '24 3
October '24 Oct '24 6
September '24 Sep '24 3
August '24 Aug '24 2
July '24 Jul '24 4
June '24 Jun '24 3
May '24 May '24 2
April '24 Apr '24 N/A
March '24 Mar '24 N/A

Foreclosure Starts i

February '25 Feb '25 N/A
January '25 Jan '25 2
December '24 Dec '24 1
November '24 Nov '24 3
October '24 Oct '24 6
September '24 Sep '24 3
August '24 Aug '24 2
July '24 Jul '24 4
June '24 Jun '24 3
May '24 May '24 2
April '24 Apr '24 N/A
March '24 Mar '24 N/A

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 1
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 N/A

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