Madison Heights, MI Real Estate & Property Data

Madison Heights Real Estate Market Trends
Last Updated: April 25, 2024

Accurate and comprehensive real estate data is critical for insight into Madison Heights, MI. ATTOM’s Madison Heights real estate data is updated daily, and current market trends show that in Madison Heights, MI a total of 453 residential properties have sold over the past year. With a median home price of $230,750 in Madison Heights and a total of 1 foreclosures. 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
Total Residential Properties 10,169
Total Commercial Properties 587
Avg. Home Age (Single Family Home) 66 Years
Avg. Square Feet (Single Family Home) 1,116
Total 2024 Residential Sales (year-to-date) 81
% of Homes Seriously Underwater (Q2 2024) 0.7%
Total 2023 Residential Sales 399
% of Equity Rich Homes (Q2 2024) 39.83%
Effective 2023 Property Tax 1.23%
Total Foreclosure Filings (year-to-date) 5
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Madison Heights, MI Real Estate Overview

There were 453 residential properties sold in the past year in Madison Heights, MI. The median home value in Madison Heights, MI is $208,183. There are a total of 10,169 residential properties in the Madison Heights.

Median Sales Price i
$230,750
(Feb 2024)
+35.7%
year-over-year
y-o-y
  • February '24 Feb '24 $230,750
  • January '24 Jan '24 $205,000
  • December '23 Dec '23 $166,050
  • November '23 Nov '23 $161,250
  • October '23 Oct '23 $215,000
  • September '23 Sep '23 $200,000
  • August '23 Aug '23 $200,000
  • July '23 Jul '23 $219,900
  • June '23 Jun '23 $196,755
  • May '23 May '23 $166,000
  • April '23 Apr '23 $213,444
  • March '23 Mar '23 $200,000
Median Down Payment i
$28,600
(Feb 2024)
+359.4%
year-over-year
y-o-y
  • February '24 Feb '24 $28,600
  • January '24 Jan '24 $15,675
  • December '23 Dec '23 $19,562
  • November '23 Nov '23 $24,300
  • October '23 Oct '23 $13,950
  • September '23 Sep '23 $13,000
  • August '23 Aug '23 $22,096
  • July '23 Jul '23 $20,130
  • June '23 Jun '23 $10,055
  • May '23 May '23 $18,250
  • April '23 Apr '23 $42,363
  • March '23 Mar '23 $11,800
Number of Homes Sold i
39
(Feb 2024)
+143.8%
year-over-year
y-o-y
  • February '24 Feb '24 39
  • January '24 Jan '24 42
  • December '23 Dec '23 35
  • November '23 Nov '23 31
  • October '23 Oct '23 35
  • September '23 Sep '23 51
  • August '23 Aug '23 38
  • July '23 Jul '23 39
  • June '23 Jun '23 42
  • May '23 May '23 24
  • April '23 Apr '23 28
  • March '23 Mar '23 33
Number of Purchase Loans i
40
(Feb 2024)
+135.3%
year-over-year
y-o-y
  • February '24 Feb '24 40
  • January '24 Jan '24 27
  • December '23 Dec '23 23
  • November '23 Nov '23 18
  • October '23 Oct '23 23
  • September '23 Sep '23 26
  • August '23 Aug '23 33
  • July '23 Jul '23 34
  • June '23 Jun '23 30
  • May '23 May '23 20
  • April '23 Apr '23 22
  • March '23 Mar '23 24
Number of REFI Loans i
21
(Feb 2024)
+133.3%
year-over-year
y-o-y
  • February '24 Feb '24 21
  • January '24 Jan '24 16
  • December '23 Dec '23 18
  • November '23 Nov '23 18
  • October '23 Oct '23 27
  • September '23 Sep '23 23
  • August '23 Aug '23 31
  • July '23 Jul '23 26
  • June '23 Jun '23 24
  • May '23 May '23 19
  • April '23 Apr '23 20
  • March '23 Mar '23 17
Number of HELOC Loans i
6
(Feb 2024)
-14.3%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 8
  • December '23 Dec '23 2
  • November '23 Nov '23 5
  • October '23 Oct '23 9
  • September '23 Sep '23 11
  • August '23 Aug '23 8
  • July '23 Jul '23 8
  • June '23 Jun '23 8
  • May '23 May '23 7
  • April '23 Apr '23 3
  • March '23 Mar '23 4

Madison Heights, MI Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Madison Heights, MI Foreclosure Activity

There were a total of 1 Madison Heights, MI properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 1 Madison Heights, MI properties and repossessed 1 Madison Heights, MI properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 4
  • December '23 Dec '23 2
  • November '23 Nov '23 2
  • October '23 Oct '23 3
  • September '23 Sep '23 2
  • August '23 Aug '23 3
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 3
  • April '23 Apr '23 1
  • March '23 Mar '23 3
Foreclosure Starts i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 4
  • December '23 Dec '23 2
  • November '23 Nov '23 2
  • October '23 Oct '23 3
  • September '23 Sep '23 2
  • August '23 Aug '23 3
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 3
  • April '23 Apr '23 1
  • March '23 Mar '23 3
Completed Foreclosures (REOs) i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 1
  • March '23 Mar '23 N/A
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