Madison Heights Housing Information - Census

IndexMadison HeightsMichiganNational
Median home price$84,000$127,800$184,700
Median rent asked$816$799$949
Avg. people per household2.32.52.6
Owner occupied households60.5%70.8%63.6%
Renter occupied households39.5%29.2%36.4%

Madison Heights Housing Information - Zillow

IndexMadison HeightsMichiganNational
Zillow home value index$119,800$132,300$196,500
Year over year appreciation rate10.72%7.91%6.79%
5 year average appreciation rate13.86%8.20%5.28%
10 year average appreciation rate-0.83%-0.30%0.01%

Did you know?

  • The median home price in Madison Heights is 55% lower than the national average.
  • The median rent asked in Madison Heights is 14% lower than the national average.
  • The average number of people per household in Madison Heights is 13% lower than the national average.
  • The number of owner occupied households in Madison Heights is 5% lower than the national average.
  • The number of renter occupied households in Madison Heights is 8% higher than the national average.

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Compare Madison Heights, MI Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Highland Park, MI10,978$32,60082%
Detroit, MI683,443$41,00078%
Inkster, MI24,738$45,00076%
Hamtramck, MI21,985$47,30074%
Hazel Park, MI16,587$51,20072%
Madison Heights, MI30,168$84,00055%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Princeton, NJ30,168$811,700339%
Needham, MA30,167$719,600290%
Kahului, HI30,164$490,900166%
Post Falls, ID30,157$168,2009%
Texarkana, AR30,155$106,40042%
Madison Heights, MI30,168$84,00055%
Source: The Madison Heights, MI housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.