Sterling Heights, MI is a great place to live with a median house value of $277,000, significantly lower than the US median of $338,100. In the past year, homes in Sterling Heights have appreciated by 7.99%, slightly lower than the 8.27% appreciation rate for the US as a whole. With a relatively low cost of living and strong appreciation in property values, homeowners in Sterling Heights are sure to benefit from their investments.
The median home cost in Sterling Heights is $277,000. Home appreciation the last 10 years has been 110.3%. Home Appreciation in Sterling Heights is up 11.2%.
Average Age of Homes
- The median age of Sterling Heights real estate is 41 years old
The Rental Market in Sterling Heights
- Renters make up 25.7% of the Sterling Heights population
- 0.9% of houses and apartments in Sterling Heights, 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.