Madison Heights, MI Real Estate Market Summary – September 8, 2026
In the Madison Heights real estate market, 42 homes were sold over the past 30 days, equating to an average of 1.4 homes per day. The average sale price was $234,043, with properties averaging 15.64 days on the market before being sold.
| Metric | 30 Days |
|---|---|
| Number Sold | 42 |
| Sold Per Day | 1.40 |
| Average SQFT | 1457 |
| Median Sales Price | $242,500 |
| Average Sales Price | $234,043 |
| Average Price Per SQFT | $169 |
| Average Days on Market | 16 |
| Average Year Built | 1963 |
Madison Heights, MI Single Family Home Analysis
Within the single-family segment, 41 homes were sold, with an average sale price of $237,678. Homes in this category had an average living area of 1,470 square feet and spent approximately 15.59 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 41 |
| Sold Per Day | 1.37 |
| Average SQFT | 1470 |
| Median Sales Price | $250,000 |
| Average Sales Price | $237,679 |
| Average Price Per SQFT | $171 |
| Average Days on Market | 16 |
| Average Year Built | 1963 |
Madison Heights, MI Condo & Townhome Analysis
Only 1 condo or townhome was sold, with a sale price of $85,000 and a living area of 920 square feet. This property was on the market for about 18 days before being sold.
| Metric | 30 Days |
|---|---|
| Number Sold | 1 |
| Sold Per Day | 1 every 30.00 days |
| Average SQFT | 920 |
| Median Sales Price | $85,000 |
| Average Sales Price | $85,000 |
| Average Price Per SQFT | $92 |
| Average Days on Market | 18 |
| Average Year Built | 1957 |
Buyer & Seller Analysis
- 1.40 homes sold per day on average
- Average days on market before sale is 15
- For single-family homes, the average price is $237,678
- Condos had a median sale price of $85,000
Conclusion
Overall, the data indicates consistent activity in the Madison Heights market, particularly in the single-family segment. The trends observed provide insight into pricing and demand for various property types in the area.