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Sterling Heights, MI Real Estate & Property Data

Sterling Heights Real Estate Market Trends

Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Sterling Heights, MI. ATTOM’s Sterling Heights real estate data is updated daily, and current market trends show that in Sterling Heights, MI a total of 1,728 residential properties have sold over the past year. With a median home price of $300,000 in Sterling Heights and a total of 9 foreclosures. Get detailed property data for Sterling Heights, MI instantly. ATTOM is your one-stop-shop for the Sterling Heights property reports and real estate data you need in Sterling Heights, MI.

Sterling Heights Real Estate Market Trends

Get property data for any address in Sterling Heights, MI or the country:

Total Residential Properties 41,948

Total Commercial Properties 1,418

Avg. Home Age (Single Family Home) 50 Years

Avg. Square Feet (Single Family Home) 1,688

Total 2025 Residential Sales (year-to-date) 239

% of Homes Seriously Underwater (Q2 2025) 0.53%

Total 2024 Residential Sales 1,593

% of Equity Rich Homes (Q2 2025) 40.93%

Effective 2024 Property Tax 1.26%

Total Foreclosure Filings (year-to-date) 17

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Sterling Heights, MI Real Estate Overview

There were 1,728 residential properties sold in the past year in Sterling Heights, MI. The median home value in Sterling Heights, MI is $291,413. There are a total of 41,948 residential properties in the Sterling Heights.

Median Sales Price i

$300,000

(Feb 2025)

-4.8%

year-over-year

y-o-y

February '25 Feb '25 $300,000
January '25 Jan '25 $309,000
December '24 Dec '24 $320,000
November '24 Nov '24 $325,000
October '24 Oct '24 $315,000
September '24 Sep '24 $325,000
August '24 Aug '24 $311,000
July '24 Jul '24 $320,000
June '24 Jun '24 $330,000
May '24 May '24 $325,000
April '24 Apr '24 $301,500
March '24 Mar '24 $310,000

Median Down Payment i

$33,485

(Feb 2025)

-39.1%

year-over-year

y-o-y

February '25 Feb '25 $33,485
January '25 Jan '25 $34,450
December '24 Dec '24 $50,000
November '24 Nov '24 $43,375
October '24 Oct '24 $54,000
September '24 Sep '24 $52,501
August '24 Aug '24 $45,375
July '24 Jul '24 $64,500
June '24 Jun '24 $57,500
May '24 May '24 $35,000
April '24 Apr '24 $47,000
March '24 Mar '24 $50,000

Number of Homes Sold i

92

(Feb 2025)

-4.2%

year-over-year

y-o-y

February '25 Feb '25 92
January '25 Jan '25 147
December '24 Dec '24 133
November '24 Nov '24 118
October '24 Oct '24 150
September '24 Sep '24 137
August '24 Aug '24 160
July '24 Jul '24 155
June '24 Jun '24 124
May '24 May '24 148
April '24 Apr '24 138
March '24 Mar '24 130

Number of Purchase Loans i

66

(Feb 2025)

-9.6%

year-over-year

y-o-y

February '25 Feb '25 66
January '25 Jan '25 113
December '24 Dec '24 111
November '24 Nov '24 97
October '24 Oct '24 122
September '24 Sep '24 119
August '24 Aug '24 127
July '24 Jul '24 127
June '24 Jun '24 102
May '24 May '24 105
April '24 Apr '24 100
March '24 Mar '24 93

Number of REFI Loans i

72

(Feb 2025)

+46.9%

year-over-year

y-o-y

February '25 Feb '25 72
January '25 Jan '25 91
December '24 Dec '24 80
November '24 Nov '24 66
October '24 Oct '24 110
September '24 Sep '24 97
August '24 Aug '24 60
July '24 Jul '24 59
June '24 Jun '24 66
May '24 May '24 72
April '24 Apr '24 70
March '24 Mar '24 62

Number of HELOC Loans i

43

(Feb 2025)

+7.5%

year-over-year

y-o-y

February '25 Feb '25 43
January '25 Jan '25 45
December '24 Dec '24 47
November '24 Nov '24 36
October '24 Oct '24 59
September '24 Sep '24 44
August '24 Aug '24 51
July '24 Jul '24 55
June '24 Jun '24 47
May '24 May '24 45
April '24 Apr '24 55
March '24 Mar '24 25

Sterling Heights, MI Real Estate Market Overview

Last 30 days

Zip

Median Est. Value
Zip

Median Est. Value
Zip

Median Est. Value

48310

$291,413 $172.68/sqft
48312

$279,981 $173.09/sqft
48313

$279,024 $176.7/sqft
48314

$345,208 $164.47/sqft

Sterling Heights, MI Foreclosure Activity

There were a total of 9 Sterling Heights, MI properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

9

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 9
January '25 Jan '25 8
December '24 Dec '24 18
November '24 Nov '24 9
October '24 Oct '24 10
September '24 Sep '24 7
August '24 Aug '24 11
July '24 Jul '24 13
June '24 Jun '24 4
May '24 May '24 13
April '24 Apr '24 8
March '24 Mar '24 4

Foreclosure Starts i

9

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 9
January '25 Jan '25 8
December '24 Dec '24 18
November '24 Nov '24 9
October '24 Oct '24 10
September '24 Sep '24 7
August '24 Aug '24 11
July '24 Jul '24 13
June '24 Jun '24 4
May '24 May '24 13
April '24 Apr '24 8
March '24 Mar '24 4

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 2
December '24 Dec '24 1
November '24 Nov '24 1
October '24 Oct '24 1
September '24 Sep '24 2
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 N/A

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