All Countries
Madison Heights, MI
Full City Profile · Michigan · Wayne County County
3.4
/5.0
B
Good
28,411
Population
4,007/sq mi density
$66,726
Median Income
$39,276 per capita
$190,300
Home Value
$214,435 Zillow
$1,138
Median Rent
26.4% income on rent
49°F
Avg Temperature
260 sunny days/yr
176
Violent Crime/100K
1,971 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$66,726 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$190,300 home value, $1,138/mo rent
F
Safety
1.0 / 5.0
176 violent crimes/100K
B+
Education
3.6 / 5.0
32.1% bachelor's degree or higher
Housing Overview
Median Home Value
$190,300
32% below
US avg: $281,900
Median Rent
$1,138/mo
2% below
US avg: $1,163/mo
Homeownership Rate
63.8%
2% below US avg (65.4%)
Total Housing Units
14,279
Median year built: 1960
Home Value by Source
Census Median
$190,300
Zillow (ZHVI)
$214,435
Median Sale Price
$215,000
Median List Price
$224,999
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
63.8%
Owner-Occupied
36.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$1,138/mo
· Zillow rent:
$1,574/mo
Market Indicators (Redfin)
Median Days on Market
68 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
21
Price Drops
30.8%
of listings with price reduction
Price Per Sq Ft
$170
Active Inventory
39
homes for sale
Affordability & Housing Stock
Rent Burden
26.4%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
63.8%
Complete Housing Data
Home Values
| Census Median Value | $190,300 |
| Zillow Home Value (ZHVI) | $214,435 |
| Median Sale Price | $215,000 |
| Median List Price | $224,999 |
| Price Per Sq Ft | $170 |
Rent
| Census Median Rent | $1,138 |
| Zillow Rent (ZORI) | $1,574 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 68 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 30.8% |
| Homes Sold | 21 |
| Active Inventory | 39 |
| Price Per Sq Ft | $170 |
Ownership & Stock
| Owner-Occupied | 63.8% |
| Renter-Occupied | 36.2% |
| Homeownership Rate | 63.8% |
| Total Housing Units | 14,279 |
| Median Year Built | 1960 |
| Rent Burden | 26.4% |