Zip 48659 (Sterling, MI) Housing

The housing market in 48659 Sterling, MI is very strong. The median value of houses in the area is $119,800, which is significantly lower than the US median value of $338,100. However, there has been an impressive increase in home values over the past year with an appreciation rate of 9.86%, higher than the US average of 8.27%. This indicates that investing in real estate in this area could be a wise decision.

The median home cost in Sterling (zip 48659) is $119,800. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Sterling (zip 48659) is up 15.7%.

Average Age of Homes

- The median age of Sterling (zip 48659) real estate is 40 years old

The Rental Market in Sterling (zip 48659)

- Renters make up 12.0% of the Sterling (zip 48659) population
- 0.7% of houses and apartments in Sterling (zip 48659), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Sterling, Michigan	United States
	1,243.0	139,647,020.0
	41	42
	$119,800	$338,100
	15.7%	16.6%
	57.6%	57.0%
	76.0%	101.1%
	$13.85	$10.98
	$1,472	$2,690
	64.9%	57.4%
	26.1%	11.2%
	9.0%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	1.4%	0.7%
	1.9%	0.4%
	17.1%	3.6%
	4.9%	4.1%
Value of Owner-Occupied Housing
	4.3%	2.6%
	11.6%	2.4%
	10.9%	2.8%
	10.4%	3.9%
	8.8%	4.5%
	26.6%	11.3%
	12.3%	13.0%
	10.7%	20.1%
	2.0%	13.6%
	0.6%	8.3%
	0.2%	9.7%
	0.0%	3.9%
	1.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.3%	13.6%
	9.3%	13.6%
	18.2%	13.6%
	23.1%	13.2%
	23.9%	14.8%
	18.2%	13.6%
	3.9%	10.0%
	3.1%	4.7%
	12.2%	12.2%

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