Sterling, MI 48659 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Sterling, MI—48659

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$158,000

3.4% YoY Growth

Household Income

$58,000

39.2% YoY Growth

Days on Market

85

38.0% Longer YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Sterling, MI

Sterling, MI lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$158,000	3.4%
Single Family	$158,000	2.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Sterling, MI

Sterling, MI lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

1.5%

1 Bedroom

11.2%

2 Bedrooms

38.8%

3 Bedrooms

35.1%

4 Bedrooms

7.5%

5+ Bedrooms

6.0%

Property Listings — Sterling, MI

As of Dec '25, Realtor.com reports that the median days on market for a home in Sterling, MI is 52. This is a increase of 30.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$250,000	-18.0%
Listing Count	5	133.0%
Listings as % of Homes	0.4%	133.0%
Days on Market	85	38.0%

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Demographics — Sterling, MI

As of the latest ACS Survey released in 2023, Sterling, MI has a population of 2,740, which has increased by 1.1% over the past 5 years. Sterling, MI is a moderately popular place for families, as children make up 24.5% of the population. The area has a poorly educated workforce, with 11.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,740	1.1%
% Under 18	24.5%	2.5%
% Seniors	16.6%	-2.9%
% WFH	6.3%	117.2%
% w/ College Degree	11.6%	24.7%

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As of the latest ACS Survey released in 2023, Sterling, MI is a predominantly white area, with 95.7% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Sterling, MI is black, making up 0.3% of the population. Foreign-born residents account for 0.2% of the population in Sterling, MI, and this percentage has decreased by 60.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	95.7%	-2.1%
% Black	0.3%	200.0%
% Hispanic	0.2%	-81.8%
% Asian	0.0%	N/A
% Foreign Born	0.2%	-60.0%

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Mortgage and Risk — Sterling, MI

According to HUD data as of 2023, there were 44 mortgage originations in Sterling, MI, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Sterling, MI. Investor activity is low, as 0.0% of loans were by investors. 30.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	44
% Conventional Loans	82.0%
% Government Loans	18.0%
% Investor Loans	0.0%
% Second Loans	18.0%
% Cash Out Refinance	30.0%

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Rentals and Section 8 — Sterling, MI

Sterling, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$770
2 Bedroom	N/A	N/A	$1,010
3 Bedroom	N/A	N/A	$1,390
4 Bedroom	N/A	N/A	$1,400

Sterling, MI—48659

Key Metrics at a Glance

Home Price Trends — Sterling, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Sterling, MI

% of Rental Stock

Property Listings — Sterling, MI

Demographics — Sterling, MI

Race and Ethnicity

Mortgage and Risk — Sterling, MI

Mortgages

Rentals and Section 8 — Sterling, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Sterling, MI

Home Price to Income Ratio

Sterling, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Standish, MI

Bentley, MI

Pinconning, MI

Rhodes, MI

Linwood, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.4
Median Home Price	$158,000
Median Household Income	$58,000

Sterling, MI—48659

Key Metrics at a Glance

Home Price Trends — Sterling, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Sterling, MI

% of Rental Stock

Property Listings — Sterling, MI

Demographics — Sterling, MI

Race and Ethnicity

Mortgage and Risk — Sterling, MI

Mortgages

Rentals and Section 8 — Sterling, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Sterling, MI

Home Price to Income Ratio

Sterling, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Standish, MI

Bentley, MI

Pinconning, MI

Rhodes, MI

Linwood, MI

Frequently Asked Questions

What is the average home price in Sterling, MI 48659?

How have home prices in Sterling, MI 48659 changed over the past year?

What is the home price projection for Sterling, MI 48659?

What are the demographics of Sterling, MI 48659?

How long does it take homes to sell in Sterling, MI 48659?

What is the average rent price in Sterling, MI 48659?