Median home value in zip code 48071 (Madison Heights, MI) is $214,453, down 0.1% year over year. Part of the Detroit-Warren-Dearborn, MI metropolitan area.

Home Value$214,453

YoY Change

-0.1%

Prices falling — better for buyers.

Affordability

Enter your income for 48071 (Madison Heights).

Income (annual)

Down Payment

$42,891 on $214,453

Example: $75,000 household income. Change it above to see your own.

Affordable24.6% of income

Under the 28% guideline.

PITI$1,536

P/I24.6%

Afford$244K

Room+$30K

P&I $1,084Tax $318Ins $133

6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

48071 is part of the Detroit-Warren-Dearborn, MI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Detroit-Warren-Dearborn, MI analysis

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