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Sterling Heights, MI 48312 Real Estate & Property Data

Sterling Heights, MI 48312 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 547 residential properties have been sold over the past 12 months in 48312. With a median sales price of $290,000 in 48312 and a total of 2 foreclosures in Sterling Heights, MI 48312. Discover market trends and get the granular level real estate data for Sterling Heights, MI 48312 to keep your pulse on the housing market. Curate compelling home reports for Sterling Heights, MI 48312 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Sterling Heights, MI 48312 Real Estate Market Trends

Get property data for any address in Sterling Heights, MI 48312 or the country:

Total Residential Properties 11,608

Total Commercial Properties 395

Avg. Home Age (Single Family Home) 53 Years

Avg. Square Feet (Single Family Home) 1,618

Total 2025 Residential Sales (year-to-date) 77

% of Homes Seriously Underwater (Q2 2025) 0.68%

Total 2024 Residential Sales 509

% of Equity Rich Homes (Q2 2025) 38.72%

Effective 2024 Property Tax 1.27%

Total Foreclosure Filings (year-to-date) 6

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Sterling Heights, MI 48312 Real Estate Overview

There were 547 residential properties sold in the past year in Sterling Heights, MI 48312. The median home value in Sterling Heights, MI 48312 is $279,981. There are a total of 11,608 residential properties in the 48312.

Median Sales Price i

$290,000

(Feb 2025)

-10.1%

year-over-year

y-o-y

February '25 Feb '25 $290,000
January '25 Jan '25 $305,000
December '24 Dec '24 $299,000
November '24 Nov '24 $320,000
October '24 Oct '24 $335,000
September '24 Sep '24 $325,000
August '24 Aug '24 $295,000
July '24 Jul '24 $301,000
June '24 Jun '24 $332,500
May '24 May '24 $287,500
April '24 Apr '24 $300,000
March '24 Mar '24 $303,000

Median Down Payment i

$24,200

(Feb 2025)

-34.2%

year-over-year

y-o-y

February '25 Feb '25 $24,200
January '25 Jan '25 $32,750
December '24 Dec '24 $49,075
November '24 Nov '24 $38,000
October '24 Oct '24 $64,200
September '24 Sep '24 $38,635
August '24 Aug '24 $45,750
July '24 Jul '24 $44,000
June '24 Jun '24 $39,700
May '24 May '24 $35,000
April '24 Apr '24 $47,000
March '24 Mar '24 $47,325

Number of Homes Sold i

32

(Feb 2025)

+23.1%

year-over-year

y-o-y

February '25 Feb '25 32
January '25 Jan '25 45
December '24 Dec '24 41
November '24 Nov '24 47
October '24 Oct '24 50
September '24 Sep '24 34
August '24 Aug '24 44
July '24 Jul '24 51
June '24 Jun '24 40
May '24 May '24 48
April '24 Apr '24 45
March '24 Mar '24 44

Number of Purchase Loans i

19

(Feb 2025)

-9.5%

year-over-year

y-o-y

February '25 Feb '25 19
January '25 Jan '25 33
December '24 Dec '24 39
November '24 Nov '24 33
October '24 Oct '24 40
September '24 Sep '24 29
August '24 Aug '24 35
July '24 Jul '24 44
June '24 Jun '24 30
May '24 May '24 34
April '24 Apr '24 34
March '24 Mar '24 33

Number of REFI Loans i

21

(Feb 2025)

+50%

year-over-year

y-o-y

February '25 Feb '25 21
January '25 Jan '25 29
December '24 Dec '24 25
November '24 Nov '24 21
October '24 Oct '24 37
September '24 Sep '24 25
August '24 Aug '24 18
July '24 Jul '24 25
June '24 Jun '24 23
May '24 May '24 24
April '24 Apr '24 19
March '24 Mar '24 18

Number of HELOC Loans i

15

(Feb 2025)

+25%

year-over-year

y-o-y

February '25 Feb '25 15
January '25 Jan '25 9
December '24 Dec '24 13
November '24 Nov '24 7
October '24 Oct '24 14
September '24 Sep '24 10
August '24 Aug '24 19
July '24 Jul '24 26
June '24 Jun '24 12
May '24 May '24 8
April '24 Apr '24 17
March '24 Mar '24 5

Sterling Heights, MI 48312 Real Estate Market Overview

Last 30 days

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Sterling Heights, MI 48312 Foreclosure Activity

There were a total of 2 Sterling Heights, MI 48312 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

2

(Feb 2025)

-50%

year-over-year

y-o-y

February '25 Feb '25 2
January '25 Jan '25 4
December '24 Dec '24 9
November '24 Nov '24 4
October '24 Oct '24 4
September '24 Sep '24 2
August '24 Aug '24 2
July '24 Jul '24 3
June '24 Jun '24 1
May '24 May '24 5
April '24 Apr '24 4
March '24 Mar '24 1

Foreclosure Starts i

2

(Feb 2025)

-50%

year-over-year

y-o-y

February '25 Feb '25 2
January '25 Jan '25 4
December '24 Dec '24 9
November '24 Nov '24 4
October '24 Oct '24 4
September '24 Sep '24 2
August '24 Aug '24 2
July '24 Jul '24 3
June '24 Jun '24 1
May '24 May '24 5
April '24 Apr '24 4
March '24 Mar '24 1

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 1
September '24 Sep '24 N/A
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

Nearby Zip Codes

1. 48310
2. 48313
3. 48314

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