Sterling Heights, MI

Seller's market+3.5% YoY

Housing market overview · Updated weekly

$300,000median sale price

Homes sold

93

Last 12 weeks

Days on market

41

Average pace

Active listings

154

1.7 months supply

Sale-to-list

98.0%

Below asking

The Sterling Heights housing market is currently classified as a seller's market with a median sale price of $300,000. Prices have risen 3.5% compared to last year, with homes spending an average of 41 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Sterling Heights?

The median home sale price in Sterling Heights is $300,000, up 3.5% from last year.

How long do homes stay on market in Sterling Heights?

Homes typically spend 41 days on market before going under contract.

Is Sterling Heights a buyer's or seller's market?

With 1.7 months of supply, Sterling Heights is currently a seller's market.

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