Zip 48310 (Sterling Heights, MI) Housing

Sterling Heights, MI (48310) has a median housing value of $270,500. This is significantly less than the US median housing value of $338,100. However, Sterling Heights appreciates in home value at the same 8.00% rate as the rest of the US over a one year period. This should be encouraging news for potential buyers or investors looking to buy into the area as it suggests that property values are likely to remain steady and potentially increase over time.

The median home cost in Sterling Heights (zip 48310) is $270,500. Home appreciation the last 10 years has been 110.3%. Home Appreciation in Sterling Heights (zip 48310) is up 11.2%.

Average Age of Homes

- The median age of Sterling Heights (zip 48310) real estate is 41 years old

The Rental Market in Sterling Heights (zip 48310)

- Renters make up 24.5% of the Sterling Heights (zip 48310) population
- 0.7% of houses and apartments in Sterling Heights (zip 48310), 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 Heights, Michigan	United States
	15,280.0	139,647,020.0
	44	42
	$270,500	$338,100
	11.2%	16.6%
	45.5%	57.0%
	110.3%	101.1%
	$15.61	$10.98
	$3,407	$2,690
	73.6%	57.4%
	2.6%	11.2%
	23.8%	31.4%
Vacant Housing
	0.7%	1.9%
	0.5%	0.4%
	0.5%	0.7%
	0.2%	0.4%
	0.0%	3.6%
	0.7%	4.1%
Value of Owner-Occupied Housing
	5.8%	2.6%
	2.3%	2.4%
	0.3%	2.8%
	0.4%	3.9%
	0.7%	4.5%
	4.9%	11.3%
	23.9%	13.0%
	50.5%	20.1%
	8.7%	13.6%
	1.3%	8.3%
	0.4%	9.7%
	0.5%	3.9%
	0.1%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.0%	13.6%
	4.0%	13.6%
	8.8%	13.6%
	21.7%	13.2%
	39.2%	14.8%
	8.8%	13.6%
	4.1%	10.0%
	1.9%	4.7%
	0.5%	12.2%