New - 18 hours on Rocket
$2,136 Closing Credit¹
#50166940, Samantha Hickey, Listing Office: JD & Associates Realtors
Sterling Heights Housing Market Report January 2025•Macomb County, Michigan
Housing Prices in Sterling Heights, MI
How much do homes in Sterling Heights, MI cost?
Housing Market Conditions
Is Sterling Heights, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Sterling Heights is a Seller's Market
Difference Since January 2024
Since last year, Sterling Heights has remained a Seller's Market.
Insight
Sterling Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$307,302$159/SqFt
+$19,552
+6.8%
Based on all homes sold in the last 12 months
Insight
Homes in Sterling Heights have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Sterling Heights was $307,302 in January 2025, up 6.8% from last year, and the median price per square foot was $159.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Clinton Township | $228K | $250K | +9.6% |
| Sterling Heights | $287.7K | $307.3K | +6.8% |
| Shelby Charter Township | $339.9K | $357K | +5.0% |
| Fraser | $230K | $224.9K | -2.2% |
| Utica | $558.8K | $450K | -19.5% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $95K | $102.4K | +7.8% |
| 22 Bedrooms | $205K | $225K | +9.8% |
| 33 Bedrooms | $285K | $308.5K | +8.2% |
| 44 Bedrooms | $340K | $372.2K | +9.5% |
| 55+ Bedrooms | $366K | $352.5K | -3.7% |
Summary: Sterling Heights housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +7.8%. The home price for 2 bedroom homes increased by +9.8%. The home price for 3 bedroom homes increased by +8.2%. The home price for 4 bedroom homes increased by +9.5%. The home price for 5 bedroom homes decreased by -3.7%.
Housing supply in Sterling Heights, MI
How many homes are available in Sterling Heights, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 259Last MonthJan 2025 | ||
| 2782 months agoDec 2024 | -6.8 % Change MoMDec – Jan |
Summary: The Sterling Heights real estate market had 259 homes for sale in Jan 2025, a 6.8 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 89Last MonthJan 2025 | ||
| 992 months agoDec 2024 | -10.1 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 33 Bedrooms | 149 | 131 | -12.1% |
| 44 Bedrooms | 61 | 57 | -6.6% |
| 55+ Bedrooms | 6 | 6 | 0.0% |
| 11 Bedroom | 2 | 2 | 0.0% |
| 22 Bedrooms | 60 | 63 | +5.0% |
Summary: Sterling Heights housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 3 bedroom homes decreased by -12.1%. The inventory for 4 bedroom homes decreased by -6.6%. The inventory for 5 bedroom homes remained the same. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +5.0%.
Asking Price vs. Sold Price
How much do homes in Sterling Heights, MI cost?
Over Asking Price19 Homes
At Asking Price18 Homes
Under Asking Price52 Homes
Insight
If you're buying a home in Sterling Heights, you may be able to get a good deal. 58.4% of homes here sold below asking price last month.
Summary: A total of 89 homes were sold or pending in Sterling Heights in January 2025, down by 10.1% month-over-month. Of the 89 sold homes, 58% were sold under asking, 20% were sold at asking, and and 21% were sold over asking.
Days on Market for Sterling Heights, MI
How long does it take to sell a home in Sterling Heights, MI?
Breakdown of Home Sale Times
Under 30 Days55 Homes
30 – 90 Days30 Homes
Over 90 Days4 Homes
Insight
Many homes in Sterling Heights are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 89 homes were sold in Sterling Heights; 62% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 29 DaysThis YearJan 2025 | ||
| 36 Days1 year agoJan 2024 | -19.9 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Sterling Heights had an average listing age of 29 days in Jan 2025, down by 19.9% compared to the previous year.
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Newest Listings in Sterling Heights, MI
What homes are available in Sterling Heights, MI?
Coming soon
$2,613 Closing Credit¹
#20250011065, Paula C Filar, Danelle Strich, Listing Office: Century 21 Professionals, Century 21 Professionals Roch
New - 20 hours on Rocket
$3,681 Closing Credit¹
#20250011047, Mark Yancura, Listing Office: Lakeside Property Store
Coming soon
$2,791 Closing Credit¹
#20250010429, Therese Antonelli, Diedre Rivera Creal, Listing Office: Moving The Mitten RE Group Inc
Coming soon
$3,859 Closing Credit¹
#20250009072, Thomas A Harding II, Kristine Harding, Listing Office: Prime + Property
Coming soon
$4,572 Closing Credit¹
#20250010913, Donna L McFarlane, Nick McFarlane, Listing Office: Oak and Stone Real Estate
Coming soon
$1,899 Closing Credit¹
#20250009718, Pierre Elia, Prince Elia, Listing Office: EXP Z Real Estate, EXP Realty Main
New - 1 day on Rocket
$3,443 Closing Credit¹
#20250010492, Patrick Jarjis, Listing Office: DOBI Real Estate
New - 1 day on Rocket
$4,583 Closing Credit¹
#20250010699, John Graham, Jim Shaffer, Listing Office: John Graham Realty, LLC, Good Company
Coming soon
$3,563 Closing Credit¹
#20250010679, Timothy Morabito, Listing Office: RE/MAX First
New - 2 days on Rocket
$3,859 Closing Credit¹
#20250010314, David King, Robert Balding, Listing Office: Howard Hanna Clarkston
New - 2 days on Rocket
$4,393 Closing Credit¹
#20250010375, Anthony Djon, Chametra Windham, Listing Office: Anthony Djon Luxury Real Estate
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., and MiRealSource Inc. DL for the period 02/01/2023 - 02/01/2025
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 11:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 11:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.