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Foreclosure Homes in Sterling Heights, MI

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Sterling Heights, MI Foreclosures

How much do homes sell for in Sterling Heights, MI?
The average home price is currently $328,840.
In Sterling Heights, MI, how many homes are available?
There are currently 255 active home listings available in Sterling Heights.
What’s the average rental cost in Sterling Heights, MI?
The average rental price in Sterling Heights is $1,556.
What is the most expensive home in Sterling Heights?
The most expensive home sold in Sterling Heights had a price of $22,571,400.
What is currently the cheapest priced home in Sterling Heights, MI?
The cheapest home for sale in Sterling Heights is priced at $14,507.

Living in Sterling Heights, MI

Sterling Heights, MI, is a lively suburban community renowned for its excellent amenities and strong community spirit. This area features numerous parks, shopping centers, and dining establishments, along with a variety of educational options. Its well-connected infrastructure makes it an ideal location for families and young professionals.

Current Market Conditions in Sterling Heights, MI

The real estate market in Sterling Heights has shown steady growth, with home prices increasing due to high demand and limited inventory. The city remains attractive to buyers because of its affordability relative to nearby urban areas. The average days on the market for homes have decreased, indicating a competitive buying environment.

Home Value Estimator For Sterling Heights, MI

There are currently 40,580 real estate properties in Sterling Heights, MI, with a median automated valuation model (AVM) price of $303,833.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sterling Heights, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Sterling Heights, MI, is $328,840.00, with the most expensive house in Sterling Heights, MI, topping out at $22,571,400.00 and the cheapest home in Sterling Heights, MI, clocking in at $14,507.00. In other words, there’s something for every potential homebuyer or savvy investor in Sterling Heights, MI!

Rent Prices In Sterling Heights, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sterling Heights, MI, is on a rollercoaster ride. The average rent price in Sterling Heights, MI, is $1,556.00. Indeed, when looking to rent in Sterling Heights, MI, you can expect to pay as little as $680.00 or as much as $3,120.00, with the average rent median estimated to be $1,540.00. The good news is that finding an affordable and desirable property to rent in Sterling Heights, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Sterling Heights, MI Foreclosures

Market Trend for Sterling Heights, MI

Total Listings Available: 255

Market Values:

Home Prices from $14,507 to $22,571,400

Average Sales Price: $328,840

Rental Values:

Rental from $680 to $3,120

Average Rent Value: $1,556 / month

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