Housing in Sterling Heights, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$306,000

Median List Price

$324,900

Price Per Sq Ft

$182

Days on Market

39

Active Inventory

167

Months of Supply

2.5

Seller's market

Zillow Home Value

$296,284

ZHVI — January 2026

Zillow Rent Index

$1,526

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 8.5%List Price 8.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

17.9%

Off Market in 2 Weeks

30.3%

Sale-to-List Ratio

98.1%

Buyer's market

Sold Above Asking
17.9%
Under Contract in 2 Wks
30.3%
Listings with Price Drops
30.5%

Market Activity

Source: Redfin

Homes Sold

67

New Listings

87

Pending Sales

89

Homes Sold 39.6%New Listings 23.7%Pending 28.2%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$182

Median List $/SF

$185

Sale $/SF 1.7%List $/SF 8.2%Mar 24Jan 26

Sterling Heights vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 100,000 - 250,000 residents. Sterling Heights is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$260,700

Median Rent

$1,267

Total Housing Units

53,255

Vacancy Rate

3.5%

Owner Occupied

76.4%

Renter Occupied

23.6%

Median Property Tax

$3,559

per year

Monthly Cost (w/ Mortgage)

$1,230

Housing Types

Single Family
76.2%
Multi-Family
20.9%
Mobile Home
2.9%

The current median sale price in Sterling Heights, MI is $306,000 according to Redfin data. Homes spend a median of 39 days on the market. 17.9% of homes sold above asking price. The market has 2.5 months of supply. The median price per square foot is $182. Zillow's observed rent index is $1,526/month. About 76.4% of housing units are owner-occupied. The median year homes were built is 1977. There are 53,255 total housing units.