Madison Heights, MI
Housing market overview · Updated weekly
$215,000median sale price
Homes sold
21
Last 12 weeks
Days on market
68
Average pace
Active listings
39
1.9 months supply
Sale-to-list
101.1%
Above asking
The Madison Heights housing market is currently classified as a seller's market with a median sale price of $215,000. Prices have fallen 4.4% compared to last year, with homes spending an average of 68 days on market, indicating 1.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Explore nearby cities in MI
Frequently asked questions
What is the average home price in Madison Heights?
The median home sale price in Madison Heights is $215,000, down 4.4% from last year.
How long do homes stay on market in Madison Heights?
Homes typically spend 68 days on market before going under contract.
Is Madison Heights a buyer's or seller's market?
With 1.9 months of supply, Madison Heights is currently a seller's market.
Get Madison Heights market alerts
Weekly updates on prices, inventory, and trends. Free forever.