Sterling Heights, MI—48314
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$365,000
3.2% YoY Growth
Household Income
$80,400
21.4% YoY Growth
Days on Market
31
34.0% Longer YoY
Home Price Forecast
-0.1%
Median Rent
$1,850
11.2% YoY Growth
1-Bed Rent
$1,100
17.3% YoY Growth
2-Bed Rent
$1,820
1.1% YoY Growth
3-Bed Rent
$2,500
48.4% YoY Growth
Home Price Trends — Sterling Heights, MI
As of May '26, the median home price in Sterling Heights, MI is $365,000, with a year-over-year change of 3.2%. This indicates that home prices in Sterling Heights, MI are increasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $365,000 | 3.2% |
| Single Family | $428,000 | 2.1% |
| Condos | $298,000 | 3.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |