Sterling Heights Real Estate Market

Sterling Heights Market

The median sale price for homes in Sterling Heights over the last 12 months is $116,875.


The median mortgage debt is $140,305.

Additional Statistics for Single Family Homes and Condos in Sterling Heights, MI
$112,300
Median Listing Price
45
Median Days on Market
503
Active Listings
27.8%
Distressed Listings
(foreclosures and short sales)
Sterling Heights, MI Price Trends - Sold vs. Listed
The median list price in May for single family homes in Sterling Heights is $130,000. The list prices dropped by -3.63% from the previous month.

The price per square foot for listings in this area is $82.

The median sale price in December for single family homes is $125,000. The sale prices increased by 12.96% from the previous month.

The price per square foot for sales in this area is $68.

Chart Temporarily Unavailable
Sterling Heights, MI Market Inventory Trends

The number of active listings in Sterling Heights dropped by 9.2% from the previous month.

The median number of days active properties have been listed is 45. This is significantly shorter than the national average.

The number of sales in December dropped by 60.3% from the previous month.

Chart Temporarily Unavailable
Sterling Heights, MI Property Ownership

The percent of unoccupied properties is very low in Sterling Heights. It is -8.22% below the national average.

The percent of owner occupied properties in Sterling Heights is 10.88% above the national average.

Chart Temporarily Unavailable

Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.