48071 Home Values & Market Trends
There are 545 homes currently listed for 48071. 48071 real estate market trends show that home prices range from $11,300 to $449,000, and the median sales price in the 48071 zip code is $229,949. The total number of properties sold within the past twelve months is 495. In 48071, 13 properties are in foreclosure, 1 are bank owned properties,and 12 are headed for auction.
Housing Market Summary for 48071
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $224.9K | $229.4K | 2.02% |
| Median Sold Price | $246.9K | $200.9K | -18.64% |
| Homes For Sale | 330 | 538 | 63.03% |
| Homes Sold | 244 | 128 | -47.54% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 48071
Browse Homes in 48071
The median list price of a home in Madison Heights, is $229,949. A total of 545 properties are for sale, and the percentage of properties for sale in the zip code is 545.00%. The total count of 48071 properties is 686.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 48071 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 48071; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 48071 ranges from the highest value of $244,349 in madison heights to the lowest value of $244,349 in madison heights. Bank owned homes and properties account for 0.15% of properties in 48071. There is 1 cities within 48071; madison heights containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmadison heights has 12 auction properties, the highest number of properties going to auction in a single city in the state of 48071. Auction homes and other auction properties account for 1.75% of all properties in 48071. There is 1 cities within 48071; of that cities, the median estimated home value for homes going to auction ranges from $296,940 in madison heights to the lowest value of $114,680 in madison heights.
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More Real Estate Resources for 48071
Guide for 48071
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
