Sterling Heights, MI Housing Market
The Sterling Heights housing market is most competitive. Homes in Sterling Heights receive 7 offers on average and sell in around 9 days. The median sale price of a home in Sterling Heights was $313K last month, up 9.5% since last year. The median sale price per square foot in Sterling Heights is $199, up 5.0% since last year.
Sterling Heights Housing Market Trends
In June 2024, Sterling Heights home prices were up 9.5% compared to last year, selling for a median price of $313K. On average, homes in Sterling Heights sell after 9 days on the market compared to 10 days last year. There were 126 homes sold in June this year, up from 122 last year.
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How hot is the Sterling Heights housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 8 days.
- Hot homescan sell for about 7% above list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 9 days.
- Hot homescan sell for about 8% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 9 days.
- Hot homescan sell for about 6% above list price and go pending in around 4 days.
Sterling Heights Migration & Relocation Trends
- Across the nation, 0.74% of homebuyers searched to move into Sterling Heights from outside metros.
- New York homebuyers searched to move into Sterling Heights more than any other metro followed by Washington and Los Angeles.
- 78% of Sterling Heights homebuyers searched to stay within the Sterling Heights metropolitan area.
- Cape Coral was the most popular destination among Sterling Heights homebuyers followed by Grand Rapids and Sarasota.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Apr '24 - Jun '24 | ||
1 | 512 | ||
2 | 384 | ||
3 | 353 | ||
4 | 295 | ||
5 | 203 | ||
6 | 110 | ||
7 | 97 | ||
8 | 77 | ||
9 | 62 | ||
10 | 59 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Apr '24 - Jun '24 | ||
1 | 265 | ||
2 | 247 | ||
3 | 167 | ||
4 | 138 | ||
5 | 137 | ||
6 | 113 | ||
7 | 105 | ||
8 | 103 | ||
9 | 92 | ||
10 | 82 |
Home offer insights for Sterling Heights
Recent offers
- Offer Not Accepted|6 Weeks Ago~$325K OfferSold for $325K3 bd | 3 ba | ~2,000 sqftOver List Price1%Days on Market2Competing Offers14Down Payment—
- Offer Not Accepted|10 Weeks Ago~$325K OfferSold for $325K4 bd | 1.5 ba | ~1,750 sqftOver List Price3%Days on Market6Competing Offers7Down Payment—
- Offer Not Accepted|11 Weeks Ago~$325K OfferSold for $350K3 bd | 2 ba | ~1,750 sqftUnder List Price8%Days on Market27Competing Offers>1Down Payment—
- Offer Not Accepted|11 Weeks Ago~$325K OfferSold for $275K3 bd | 1.5 ba | ~1,500 sqftUnder List Price1%Days on Market28Competing Offers7Down Payment—
- Offer Not Accepted|12 Weeks Ago~$300K OfferSold for $350K3 bd | 2.5 ba | ~1,500 sqftOver List Price5%Days on Market7Competing Offers22Down Payment—
View houses in Sterling Heights that sold recently
Recently sold homes
- $310,000 Last Sold Price3 beds1.5 baths1,431 sq ft33704 Cornelissen Dr, Sterling Heights, MI 48312List Price$275,000Sale to List13% over listDays on Market27 days33704 Cornelissen Dr, Sterling Heights, MI 48312
- $210,000 Last Sold Price2 beds2.5 baths1,446 sq ft43087 Strand Dr, Sterling Heights, MI 48313List Price$205,000Sale to List2% over listDays on Market37 days43087 Strand Dr, Sterling Heights, MI 48313
- $225,000 Last Sold Price2 beds2 baths1,382 sq ft13196 Canopy Dr, Sterling Heights, MI 48313List Price$230,000Sale to List2% under listDays on Market26 days13196 Canopy Dr, Sterling Heights, MI 48313
- $335,000 Last Sold Price3 beds1.5 baths1,617 sq ft44643 Morang Dr, Sterling Heights, MI 48314(586) 799-8000List Price$335,000Sale to List0% over listDays on Market28 days44643 Morang Dr, Sterling Heights, MI 48314
- $353,000 Last Sold Price3 beds2.5 baths1,583 sq ft37635 Maas Dr, Sterling Heights, MI 48312List Price$349,000Sale to List1% over listDays on Market54 days37635 Maas Dr, Sterling Heights, MI 48312
- $450,000 Last Sold Price3 beds2.5 baths2,630 sq ft38320 River Park Dr, Sterling Heights, MI 48313(586) 771-1100List Price$429,900Sale to List5% over listDays on Market51 days38320 River Park Dr, Sterling Heights, MI 48313
- $388,000 Last Sold Price3 beds2 baths1,628 sq ft38254 Charwood Dr, Sterling Heights, MI 48312(586) 532-0500List Price$339,900Sale to List14% over listDays on Market35 days38254 Charwood Dr, Sterling Heights, MI 48312
- $299,000 Last Sold Price3 beds1.5 baths1,408 sq ft38446 Warwickshire Dr, Sterling Heights, MI 48312(586) 566-2200List Price$274,900Sale to List9% over listDays on Market35 days38446 Warwickshire Dr, Sterling Heights, MI 48312
See all recently sold homes in Sterling Heights.
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Schools in Sterling Heights
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Messmore Elementary School Public • PreK-6 | 321 Students | 14 reviews |
8/10 Havel Elementary School Public • PreK-6 | 524 Students | 5 reviews |
8/10 Dekeyser Elementary School Public • PreK-6 | 505 Students | 5 reviews |
7/10 Black Elementary School Public • PreK-5 | 446 Students | 14 reviews |
7/10 Oakbrook Elementary School Public • PreK-6 | 527 Students | 6 reviews |
Climate's impact on Sterling Heights housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Sterling Heights.
Flood Factor - Moderate
Flood Factor
![flood factor score logo](https://ssl.cdn-redfin.com/v533.2.1/images/riskFactor/regional/flood-2.png)
Fire Factor - Moderate
Fire Factor
![fire factor score logo](https://ssl.cdn-redfin.com/v533.2.1/images/riskFactor/regional/fire-2.png)
Wind Factor - Minimal
Wind Factor
![wind factor score logo](https://ssl.cdn-redfin.com/v533.2.1/images/riskFactor/regional/wind-0.png)
Heat Factor - Moderate
Heat Factor
![heat factor score logo](https://ssl.cdn-redfin.com/v533.2.1/images/riskFactor/regional/heat-2.png)
Transportation in Sterling Heights
Walk Score®
Bike Score®
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