The housing in 48314 Sterling Heights, MI is quite affordable compared to the national average. The median value of homes in the area is $334,000, which is slightly lower than the US national median value of $338,100. In addition, the appreciation of home values over the last year has been 8.00%, which is just slightly lower than the national average of 8.27%. This makes 48314 Sterling Heights an attractive option for those looking for a place to purchase a home without breaking their budget.
The median home cost in Sterling Heights (zip 48314) is $334,000. Home appreciation the last 10 years has been 110.3%. Home Appreciation in Sterling Heights (zip 48314) is up 11.2%.
Average Age of Homes
- The median age of Sterling Heights (zip 48314) real estate is 24 years old
The Rental Market in Sterling Heights (zip 48314)
- Renters make up 26.2% of the Sterling Heights (zip 48314) population
- 1.2% of houses and apartments in Sterling Heights (zip 48314), 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.