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Madison Heights, 48071 Real Estate Overview

Today, December 28, 2009

Market View for 48071

Info
Avg. Listing Price $85,750 Wk ending Dec 23
-$853
-1.0%
w-o-w
Median Sales Price $71,500 Sep '09 - Nov '09
-$9,400
-11.6%
y-o-y
217Homes For Sale 0Open Homes
385Recently Sold 248Foreclosures

Market Trends for 48071

Embed Info
Listing price – 48071, Madison Heights
Average Listing Price
$85,750
-1%
w-o-w
Median Sales Price
$71,500
-11.6%
y-o-y
Average price/sqft
$112
+43.6%
y-o-y
Number of Sales
135
-4.3%
y-o-y
More 48071 Market Trends
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Home Prices for Oakland County

Info
google map tile
Most popular
zip codes
Avg. listing price
Week ending Dec 23
 
w-o-w

48009
$612,579
-0.3%
48067
$176,800
+0.1%
48220
$98,124
-0.2%
48073
$140,888
-0.8%
48306
$476,809
+1.3%
 
Movers & Shakers
Avg. listing price
Week ending Dec 23
 
w-o-w

48303
$615,807
+30.7%
48376
$450,297
+14.8%
48204
$46,325
+9.6%
48037
$184,300
+9.4%
48165
$201,846
+9.2%
 
View Oakland County Home Prices Map
 

Madison Heights, 48071 Summary

The median sales price for homes in ZIP code 48071 in Madison Heights from Sep 09 to Nov 09 was $71,500 based on 135 sales. Compared to the same period one year ago, the median sales price decreased 11.6%, or $9,400, and the number of sales decreased 4.3%. Average price per square foot for homes in 48071 was $112, an increase of 43.6% compared to the same period last year.

There are currently 217 resale and new homes in ZIP code 48071 on Trulia, including 248 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 48071 was $85,750 for the week ending Dec 23, which represents a decrease of 1%, or $853, compared to the prior week.

 

Schools in Madison Heights

Info
DISTRICT
TYPE
GRADES
SCHOOLS
STUDENTS
Lamphere School District
Public
K - 12
7
2,523
Madison Public School District
Public
PK - 12
6
1,678
SCHOOL NAME
SCHOOL TYPE
GRADES
PARENT RATING
John Page Middle School
Public
6 - 8
Japhet School
Private
PK - 8
Bishop Foley Catholic High School
Catholic
9 - 12
Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.
View all Madison Heights Schools
 

Community Info for Madison Heights

Info
More Madison Heights Community Info

Homes for Sale in 48071

27440 Townley Street, Madison Heights MI
27440 Town…
$99,900
3 br  2 ba
27637 Dartmouth Street, Madison Heights MI
27637 Dart…
$45,000
2 br  1 ba
30620 Westwood Drive, Madison Heights MI
30620 West…
$159,900
3 br  1 ½ ba
27081 Alger Street, Madison Heights MI
27081 Alger…
$39,900
2 br  1 ba
28360 Couzens Avenue, Madison Heights MI
28360 Couz…
$119,000
3 br  1 ½ ba
30209 Palmer Street, Madison Heights MI
30209 Palm…
$50,000
2 br  1 ba
View all 48071 Homes for Sale
 
Stats & Trends
48071, Madison Heights

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

Madison Heights

Real Estate Overview

Homes for Sale

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Nearby Cities

Cities
Median
sales price
Average
listing price
Royal Oak
$124,500
$158,092
Pleasant Ridge
$147,618
$231,341
Hazel Park
$69,774
$52,150
Clawson
$75,750
$115,009
Huntington Woods
$187,500
$292,462
Ferndale
$75,000
$97,397
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Advice

Recent Q&A in Madison Heights, MI

Q: Hello, my parents are the first time home buyers looking for homes in Madison Heights, Troy, Warren or 4 answers
Q: How does a rent to own work? We are trying to sell our home by any means necessary. 4 answers
Q: Is it a good time to buy in madison heights? 1 answer
Q: Help!!! If we don't sell our house will explode!!! 7 answers
Q: Our first good faith estimate had a interest rate of 6.5% and the new Good faith estimate from the underwriters has an interest rate of 7% due to 2 answers

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Nearby Cities Real Estate

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Nearby Cities Sold Homes

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Nearby Cities Home Prices

  • Royal Oak Home Prices
  • Pleasant Rdg Home Prices
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48071 Stats & Trends

  • 48071 Market Trends
  • Madison Heights Schools
  • Madison Heights Community Info
  • Madison Heights Home Prices
  • 48071 Real Estate
  • 48071 Recently Sold Homes

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Madison Heights real estate—use Trulia to find real estate in Madison Heights as well real estate in other cities in Michigan. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Madison Heights real estate trends, market activity, and neighborhood information. Before buying a house in Madison Heights, research real estate on Trulia. Understanding the Madison Heights real estate market is your first step to buying a home in Madison Heights, Michigan. Our real estate guide gives your a valuable overview of the Madison Heights real estate market—find Madison Heights properties, sales statistics, real estate price trends, real estate market activity, comparisons of Madison Heights schools or Michigan schools, and general demographic information for Madison Heights, MI. Trulia's real estate guide combines a Madison Heights map with a detailed list of Madison Heights neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Madison Heights.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Parent Reviews
These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

  
   
About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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