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Sterling Heights, MI

Full City Profile · Michigan · Oakland County County

3.4 /5.0
B Good
133,473 Population 3,662/sq mi density
$78,429 Median Income $37,315 per capita
$260,700 Home Value $301,210 Zillow
$1,267 Median Rent 32.2% income on rent
51°F Avg Temperature 253 sunny days/yr
125 Violent Crime/100K 855 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$78,429 median income, 3.8% unemployment
A+
Affordability
4.8 / 5.0
$260,700 home value, $1,267/mo rent
F
Safety
1.0 / 5.0
125 violent crimes/100K
B
Education
3.5 / 5.0
31.2% bachelor's degree or higher

Housing Overview

Median Home Value
$260,700
8% below
US avg: $281,900
Median Rent
$1,267/mo
9% above
US avg: $1,163/mo
Homeownership Rate
76.4%
17% above US avg (65.4%)
Total Housing Units
52,791
Median year built: 1977

Home Value by Source

Census Median
$260,700
Zillow (ZHVI)
$301,210
Median Sale Price
$300,000
Median List Price
$325,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

76.4%
Owner-Occupied
23.6%
Renter-Occupied
76%
24%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent: $1,267/mo · Zillow rent: $1,487/mo

Market Indicators (Redfin)

Median Days on Market
41 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
93
Price Drops
26.6%
of listings with price reduction
Price Per Sq Ft
$173
Active Inventory
154
homes for sale

Affordability & Housing Stock

Rent Burden
32.2%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
76.4%

Complete Housing Data

Home Values

Census Median Value$260,700
Zillow Home Value (ZHVI)$301,210
Median Sale Price$300,000
Median List Price$325,900
Price Per Sq Ft$173

Rent

Census Median Rent$1,267
Zillow Rent (ZORI)$1,487
FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market41
Sale-to-List Ratio1.0%
Price Drops26.6%
Homes Sold93
Active Inventory154
Price Per Sq Ft$173

Ownership & Stock

Owner-Occupied76.4%
Renter-Occupied23.6%
Homeownership Rate76.4%
Total Housing Units52,791
Median Year Built1977
Rent Burden32.2%