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Featured local agent — Sterling Heights, MI
Sarah Mitchell
Compass Real Estate · Sterling Heights, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Sterling Heights, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$319,950median sale price
How is the Sterling Heights, MI housing market right now?
The median home sale price in Sterling Heights, MI is $319,950, up 3.2% year-over-year. Homes sell in an average of 12 days with 191 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Sterling Heights a buyer's or seller's market?
Sterling Heights, MI is currently a strong seller's market, based on 1.4 months of supply and homes selling in about 12 days. How we determine this →
Homes sold
132
Last 12 weeks
Days on market
12
Fast-moving
Active listings
191
1.4 months supply
Sale-to-list
100.6%
Above asking
What does the Sterling Heights housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $319,950 |
| Median list price | $320,000 |
| Year-over-year price change | +3.2% |
| Average days on market | 12 days |
| Active inventory | 191 listings |
| Months of supply | 1.4 months |
| Sale-to-list price ratio | 100.6% |
| Median price per sq ft | $183/sq ft |
| Homes sold (latest month) | 132 |
| New listings (latest month) | 165 |
| Listings with a price cut | 27.2% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Sterling Heights by property type?
How the Sterling Heights, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $329,950 | $192/sq ft | 106 | 13 days |
| Condo / Co-op | $220,000 | $160/sq ft | 26 | 11 days |
Source: Redfin · Updated monthly
The Sterling Heights housing market is currently classified as a strong seller's market with a median sale price of $319,950. Prices have risen 3.2% compared to last year, with homes spending an average of 12 days on market, indicating 1.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.0x provides context for how home values compare to local earning capacity.
Homes for sale in Sterling Heights
There are currently 191 homes listed for sale in Sterling Heights, Michigan. The median listing price is $320K.
Active listings
191
Homes on market
Median list price
$320K
Avg. days on market
12
Days until sale
New this week
165
Newly listed
Who lives in Sterling Heights?
Population
133,473
Median income
$78,429/yr
Median age
41.5 years
Owner-occupied
76.4%
College grads
31.2%
Avg commute
25.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Sterling Heights?
Zillow home value
$315,750
Zillow rent index
$1,591/mo
Price-to-rent ratio
16.5x
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in Sterling Heights?
Sterling Heights is a community of approximately 133K residents with a median age of 41.5 years.The median household income is $78,429, which reflects a relatively affluent area with strong earning potential. 31.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 76.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Sterling Heights offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Sterling Heights?
33 schools tracked · 17,988 students
The largest public schools serving Sterling Heights, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Adlai Stevenson High School
Grades 9-12 · 1,951 students
Henry Ford II High School
Grades 9-12 · 1,627 students
Sterling Heights Senior HS
Grades 9-12 · 1,327 students
Bemis Junior High School
Grades 7-8 · 787 students
Davis Junior High School
Grades 7-9 · 736 students
Grissom Middle School
Grades 6-8 · 692 students
Frank Jeannette Jr High School
Grades 7-9 · 638 students
Schuchard Elementary School
Grades PK-6 · 624 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Sterling Heights, MI?
Want a head-to-head view? Compare Sterling Heights side-by-side with any other U.S. city using our market-comparison tool.
Is Sterling Heights a good real estate investment market?
For investors evaluating Sterling Heights, the price-to-rent ratio of 16.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 3.2% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Sterling Heights's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Sterling Heights's median home price.
Frequently asked questions
What is the average home price in Sterling Heights?
The median home sale price in Sterling Heights is $319,950, up 3.2% from last year.
How long do homes stay on market in Sterling Heights?
Homes typically spend 12 days on market before going under contract.
What is the median income in Sterling Heights?
The median household income is $78,429 per year.
Is Sterling Heights a buyer's or seller's market?
With 1.4 months of supply, Sterling Heights is currently a strong seller's market.
What is the Zillow home value estimate for Sterling Heights?
The Zillow Home Value Index (ZHVI) for Sterling Heights is $315,750, representing the typical home value in the area.
What is the median condo price in Sterling Heights?
The median condo/co-op sale price in Sterling Heights, MI is $220,000, compared to $329,950 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Sterling Heights?
The median single-family home price in Sterling Heights, MI is $329,950 (about $192 per square foot).
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