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Land and home values in Madison Heights, MI

Madison Heights is a city in Oakland County, Michigan, home to about 28,419 people. Residential land runs about $6.24 per sq ft, the typical home is worth about $227,000, and a 2-bedroom rents for about $1,400 a month, as of October 12, 2026.

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Values in Madison Heights

Land: residential$6.24per sq ft
Land: residential$271,814per acre
Land: quarter-acre lot$67,95410,890 sq ft
Home: typical (median)$227,000value
Home: entry-level$200,000lower quartile
Home: upper-end$293,000upper quartile
Build new$194per sq ft, no land
Rent: 1-bedroom$1,100per month
Rent: 2-bedroom$1,400per month
Rent: 3-bedroom$1,690per month
Rent: 4-bedroom$1,830per month
Gross yield, 2-bed7.4%a year

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Questions people ask

How much is land worth in Madison Heights, MI?

Residential land in Madison Heights, MI is about $6.24 per square foot, or $271,814 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $67,954. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Madison Heights, MI?

The typical (median) home in Madison Heights, MI is worth about $227,000, with entry-level homes around $200,000 and upper-end homes around $293,000, as of October 2026.

How much is rent in Madison Heights, MI?

A 2-bedroom rents for about $1,400 a month in Madison Heights, MI, a 1-bedroom about $1,100 and a 3-bedroom about $1,690 (gross rent including utilities, HUD Fair Market Rent basis).

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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