Sterling Heights, Michigan Real Estate Market Analysis

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Sterling Heights, Michigan

5 ZIPs in this city:48310 48311 48312 48313 48314

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

-25.5%

Faster

Price vs US

83%

Below avg

Median Listing Price

$342K

Population

133,573

Households

51,736

Median Days on Market

Active Listings

211

New Listings

174

Housing Market

Pricing

Median Listing Price

$342K+0.3% YoY

Average Listing Price

$349K+0.1% YoY

Price per Sq Ft

$198.668-1.4% YoY

Median Sq Ft

1,676-0.8% YoY

Inventory

Active Listings

211+28.7% YoY

New Listings

174+17.6% YoY

Total Listings

378+16.0% YoY

Buyer Competition

Pending Listings

169+1.8% YoY

Pending Ratio

0.80-21.5% YoY

Median Days on Market

31+1.5% YoY

Price Reduced

15.1%+1.2% YoY

Units & Occupancy

2024 Occupancy

373Kunits

Occupied358,66896.1%
Vacant14,7453.9%

2024 Tenure

359Koccupied

Owner269,05675.0%
Renter89,61225.0%

Renter Share

25.0%-0.2% YoY

Total Housing Units

373,413+0.5% YoY

FY2026 Fair Market Rent — Macomb County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$1,009

/month

1 BR

$1,122

/month

2 BR

$1,411

/month

3 BR

$1,724

/month

4 BR

$1,868

/month

FMR Trends — Macomb County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

133,573+0.1% YoY

2024 Age Mix

134Kresidents

Under 1825,87819.4%
Adults 18–6481,96161.4%
65 & Over25,73419.3%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

41.87+0.3% YoY

Population Under 18

25,878-1.8% YoY

Population 65 & Over

25,734+5.0% YoY

Households & Mobility

Total Households

51,736+0.6% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.57-0.6% YoY

2024 Residential Mobility

of residents

Same house91.5%
Moved (within US)8.1%
Other0.4%

Veterans

3.8%-6.5% YoY

Income & Poverty

Median Household Income

$79K+0.5% YoY

Per-Capita Income

$38K+2.1% YoY

Mean Household Income

$97K+1.2% YoY

Below Poverty Level

11.1%+4.7% YoY

Commuting

2024 Commute Mode

of workers

Drove alone72.5%
Public transit0.5%
Worked from home15.7%
Other11.3%

Worked From Home

15.7%+13.3% YoY

Mean Commute

24.68-2.4% YoY

Units & Tenure

Total Housing Units

53,607+0.7% YoY

2024 Occupancy

54Kunits

Occupied51,73696.5%
Vacant1,8713.5%

2024 Tenure

52Khouseholds

Owner39,20675.8%
Renter12,53024.2%

Avg Household Size — Owner

2.72-0.2% YoY

Avg Household Size — Renter

2.07-0.6% YoY

County Demographics

Median Age

41.32024

Population

Macomb County Population

886,175+0.8% YoY

Households

Total Households

358,668+0.6% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.43-0.4% YoY

Age

2024 Age Mix

880Kresidents

Under 18181,64920.6%
Adults 18–64537,33661.1%
65 & Over160,86818.3%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

181,649-0.6% YoY

Population 65 & Over

160,868+2.8% YoY

Median Age

41.30+0.5% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house91.0%
Moved (within US)8.7%
Other0.3%

Veterans

5.1%-5.6% YoY

County Economy

Income

Median Household Income

$78K+1.9% YoY

Per-Capita Income

$41K+2.9% YoY

Mean Household Income

$99K+2.3% YoY

Poverty

Below Poverty Level

10.4%+6.1% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone76.0%
Public transit0.6%
Worked from home13.4%
Other10.0%

Worked From Home

13.4%+16.5% YoY

Mean Commute

26.30-1.9% YoY

Sterling Heights, Michigan

5 ZIPs in this city:48310 48311 48312 48313 48314

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

-25.5%

Faster

Price vs US

83%

Below avg

Median Listing Price

$342K

Population

133,573

Households

51,736

Median Days on Market

Active Listings

211

New Listings

174

Housing Market

Pricing

Median Listing Price

$342K+0.3% YoY

Average Listing Price

$349K+0.1% YoY

Price per Sq Ft

$198.668-1.4% YoY

Median Sq Ft

1,676-0.8% YoY

Inventory

Active Listings

211+28.7% YoY

New Listings

174+17.6% YoY

Total Listings

378+16.0% YoY

Buyer Competition

Pending Listings

169+1.8% YoY

Pending Ratio

0.80-21.5% YoY

Median Days on Market

31+1.5% YoY

Price Reduced

15.1%+1.2% YoY

Units & Occupancy

2024 Occupancy

373Kunits

Occupied358,66896.1%
Vacant14,7453.9%

2024 Tenure

359Koccupied

Owner269,05675.0%
Renter89,61225.0%

Renter Share

25.0%-0.2% YoY

Total Housing Units

373,413+0.5% YoY

FY2026 Fair Market Rent — Macomb County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$1,009

/month

1 BR

$1,122

/month

2 BR

$1,411

/month

3 BR

$1,724

/month

4 BR

$1,868

/month

FMR Trends — Macomb County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

133,573+0.1% YoY

2024 Age Mix

134Kresidents

Under 1825,87819.4%
Adults 18–6481,96161.4%
65 & Over25,73419.3%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

41.87+0.3% YoY

Population Under 18

25,878-1.8% YoY

Population 65 & Over

25,734+5.0% YoY

Households & Mobility

Total Households

51,736+0.6% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.57-0.6% YoY

2024 Residential Mobility

of residents

Same house91.5%
Moved (within US)8.1%
Other0.4%

Veterans

3.8%-6.5% YoY

Income & Poverty

Median Household Income

$79K+0.5% YoY

Per-Capita Income

$38K+2.1% YoY

Mean Household Income

$97K+1.2% YoY

Below Poverty Level

11.1%+4.7% YoY

Commuting

2024 Commute Mode

of workers

Drove alone72.5%
Public transit0.5%
Worked from home15.7%
Other11.3%

Worked From Home

15.7%+13.3% YoY

Mean Commute

24.68-2.4% YoY

Units & Tenure

Total Housing Units

53,607+0.7% YoY

2024 Occupancy

54Kunits

Occupied51,73696.5%
Vacant1,8713.5%

2024 Tenure

52Khouseholds

Owner39,20675.8%
Renter12,53024.2%

Avg Household Size — Owner

2.72-0.2% YoY

Avg Household Size — Renter

2.07-0.6% YoY

County Demographics

Median Age

41.32024

Population

Macomb County Population

886,175+0.8% YoY

Households

Total Households

358,668+0.6% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.43-0.4% YoY

Age

2024 Age Mix

880Kresidents

Under 18181,64920.6%
Adults 18–64537,33661.1%
65 & Over160,86818.3%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

181,649-0.6% YoY

Population 65 & Over

160,868+2.8% YoY

Median Age

41.30+0.5% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house91.0%
Moved (within US)8.7%
Other0.3%

Veterans

5.1%-5.6% YoY

County Economy

Income

Median Household Income

$78K+1.9% YoY

Per-Capita Income

$41K+2.9% YoY

Mean Household Income

$99K+2.3% YoY

Poverty

Below Poverty Level

10.4%+6.1% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone76.0%
Public transit0.6%
Worked from home13.4%
Other10.0%

Worked From Home

13.4%+16.5% YoY

Mean Commute

26.30-1.9% YoY