10 hours on Rocket
$2,018 Closing Credit¹
#20250016828, Cory Richards, Listing Office: @properties Christies Intl R.E. Birmingham
Madison Heights Housing Market Report February 2025•Oakland County, Michigan
Housing Prices in Madison Heights, MI
How much do homes in Madison Heights, MI cost?
Housing Market Conditions
Is Madison Heights, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Madison Heights is a Seller's Market
Difference Since February 2024
Since last year, Madison Heights has remained a Seller's Market.
Insight
Madison Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$225,000$170/SqFt
+$25,500
+12.8%
Based on all homes sold in the last 12 months
Insight
Homes in Madison Heights have sold for 12.8% more than they did a year ago.
Summary: The median home sold price in Madison Heights was $225,000 in February 2025, up 12.8% from last year, and the median price per square foot was $170.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Madison Heights | $199.5K | $225K | +12.8% |
| Troy | $419.9K | $456K | +8.6% |
| Warren | $182.3K | $195.5K | +7.3% |
| Sterling Heights | $290K | $305.5K | +5.4% |
| Royal Oak | $340.8K | $345.3K | +1.3% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $99K | $95K | -4.0% |
| 22 Bedrooms | $145K | $156.2K | +7.8% |
| 33 Bedrooms | $225K | $240K | +6.7% |
| 44 Bedrooms | $249.5K | $305K | +22.2% |
| 55+ Bedrooms | $325K | $320K | -1.5% |
Summary: Madison Heights housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -4.0%. The home price for 2 bedroom homes increased by +7.8%. The home price for 3 bedroom homes increased by +6.7%. The home price for 4 bedroom homes increased by +22.2%. The home price for 5 bedroom homes decreased by -1.5%.
How does Madison Heights, MI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Madison Heights, MI
Housing supply in Madison Heights, MI
How many homes are available in Madison Heights, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 62Last MonthFeb 2025 | ||
| 622 months agoJan 2025 | 0.0 % Change MoMJan – Feb |
Summary: The Madison Heights real estate market had 62 homes for sale in Feb 2025, the same as Jan 2025
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 22Last MonthFeb 2025 | ||
| 182 months agoJan 2025 | +22.2 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 15 | 17 | +13.3% |
| 33 Bedrooms | 44 | 41 | -6.8% |
| 44 Bedrooms | 3 | 4 | +33.3% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Madison Heights housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +13.3%. The inventory for 3 bedroom homes decreased by -6.8%. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Madison Heights, MI cost?
Over Asking Price10 Homes
At Asking Price2 Homes
Under Asking Price10 Homes
Insight
If you're buying a home in Madison Heights, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Madison Heights in February 2025, up by 22.2% month-over-month. Of the 22 sold homes, 45% were sold under asking, 9% were sold at asking, and and 45% were sold over asking.
Days on Market for Madison Heights, MI
How long does it take to sell a home in Madison Heights, MI?
Breakdown of Home Sale Times
Under 30 Days18 Homes
30 – 90 Days3 Homes
Over 90 Days1 Home
Insight
Many homes in Madison Heights are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 22 homes were sold in Madison Heights; 82% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 21 DaysThis YearFeb 2025 | ||
| 17 Days1 year agoFeb 2024 | +24.1 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Madison Heights had an average listing age of 21 days in Feb 2025, up by 24.1% compared to the previous year.
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Newest Listings in Madison Heights, MI
What homes are available in Madison Heights, MI?
Coming soon
$2,969 Closing Credit¹
#20250012971, Amy Greenwood, Listing Office: Real Broker LLC Troy
Coming soon
$2,969 Closing Credit¹
#20250016334, Carlo Gobba, Listing Office: EXP Realty Main
2 days on Rocket
$1,483 Closing Credit¹
#20250016027, Lisa J Goldberg, Listing Office: Max Broock, REALTORS®-Bloomfield Hills
2 days on Rocket
$1,780 Closing Credit¹
#20250015895, Donald Pauck, Listing Office: Good Company
2 days on Rocket
$3,443 Closing Credit¹
#50168369, Lynn Marie Purpura, Listing Office: EXP Realty Rochester
4 days on RocketVideo tour
$3,206 Closing Credit¹
#20250015397, Lawrence J Campbell, Listing Office: Century 21 Campbell Realty
6 days on RocketBackup offers
$3,194 Closing Credit¹
#20250014995, Dominique Abram, Listing Office: EXP Realty Main
7 days on RocketBackup offers
$2,126 Closing Credit¹
#20250014501, Brian Kirksey, Listing Office: Keller Williams Paint Creek
7 days on Rocket
$2,375 Closing Credit¹
#20250013646, Maegan Darbe, Listing Office: Rocket Homes Real Estate LLC
$2,197 Closing Credit¹
#50167961, Wejdan Kakish, Listing Office: Century 21 Professionals Clinton
$1,722 Closing Credit¹
#20250008324, Rana Yalda, Listing Office: RK Real Estate LLC
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., and MiRealSource Inc. DL for the period 03/01/2023 - 03/01/2025
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.