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Foreclosure Homes in Madison Heights, MI

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Madison Heights, MI Foreclosures

Current Market Conditions in in Madison Heights, MI As of April 2026?
Over the past month, Madison Heights has seen a slight increase in home prices, with sellers getting competitive offers. This shift indicates an increasing demand for housing in the area, and homes are spending less time on the market as potential buyers are eager to close deals. The inventory remains relatively low, which is putting upward pressure on prices, making it a favorable environment for sellers.
How much do homes sell for in Madison Heights, MI?
The average home price is currently $258,510.
In Madison Heights, MI, how many homes are available?
There are currently 83 active home listings available in Madison Heights.
What’s the average rental cost in Madison Heights, MI?
The average rental price in Madison Heights is $1,202.
What is the most expensive home in Madison Heights?
The most expensive home sold in Madison Heights had a price of $20,249,938.
What is currently the cheapest priced home in Madison Heights, MI?
The cheapest home for sale in Madison Heights is priced at $10,398.

Living in Madison Heights, MI

Madison Heights, MI is a vibrant suburban community renowned for its welcoming environment and extensive amenities. Residents enjoy access to parks, schools, and various shopping options, making it an ideal choice for families and individuals alike.

Buyer vs Seller Market in Madison Heights, MI

The real estate market in Madison Heights is currently thriving, with a stable increase in home values over the past few years. The demand for homes remains high as buyers are attracted to the area's affordability compared to nearby urban centers. As the local economy grows, more individuals are discovering the benefits of living in this suburban gem.

Home Value Estimator For Madison Heights, MI

There are currently 10,674 real estate properties in Madison Heights, MI, with a median automated valuation model (AVM) price of $216,740.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Madison Heights, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Madison Heights, MI, is $258,510.00, with the most expensive house in Madison Heights, MI, topping out at $20,249,938.00 and the cheapest home in Madison Heights, MI, clocking in at $10,398.00. In other words, there’s something for every potential homebuyer or savvy investor in Madison Heights, MI!

Rent Prices In Madison Heights, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Madison Heights, MI, is on a rollercoaster ride. The average rent price in Madison Heights, MI, is $1,202.00. Indeed, when looking to rent in Madison Heights, MI, you can expect to pay as little as $680.00 or as much as $2,220.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Madison Heights, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Madison Heights, MI Foreclosures

Market Trend for Madison Heights, MI

Total Listings Available: 83

Market Values:

Home Prices from $10,398 to $20,249,938

Average Sales Price: $258,510

Rental Values:

Rental from $680 to $2,220

Average Rent Value: $1,202 / month

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