Sterling Heights, MI 48310 Real Estate & Property Data

Sterling Heights, MI 48310 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 487 residential properties have been sold over the past 12 months in 48310. With a median sales price of $308,000 in 48310 and a total of 3 foreclosures in Sterling Heights, MI 48310. Discover market trends and get the granular level real estate data for Sterling Heights, MI 48310 to keep your pulse on the housing market. Curate compelling home reports for Sterling Heights, MI 48310 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Sterling Heights, MI 48310 Real Estate Market Trends
Total Residential Properties 12,470
Total Commercial Properties 318
Avg. Home Age (Single Family Home) 49 Years
Avg. Square Feet (Single Family Home) 1,672
Total 2024 Residential Sales (year-to-date) 72
% of Homes Seriously Underwater (Q2 2024) 0.33%
Total 2023 Residential Sales 441
% of Equity Rich Homes (Q2 2024) 40.2%
Effective 2023 Property Tax 1.21%
Total Foreclosure Filings (year-to-date) 7
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Sterling Heights, MI 48310 Real Estate Overview

There were 487 residential properties sold in the past year in Sterling Heights, MI 48310. The median home value in Sterling Heights, MI 48310 is $300,186. There are a total of 12,470 residential properties in the 48310.

Median Sales Price i
$308,000
(Feb 2024)
+4.4%
year-over-year
y-o-y
  • February '24 Feb '24 $308,000
  • January '24 Jan '24 $311,000
  • December '23 Dec '23 $317,000
  • November '23 Nov '23 $318,500
  • October '23 Oct '23 $313,000
  • September '23 Sep '23 $305,000
  • August '23 Aug '23 $308,000
  • July '23 Jul '23 $300,000
  • June '23 Jun '23 $305,000
  • May '23 May '23 $310,000
  • April '23 Apr '23 $295,000
  • March '23 Mar '23 $280,000
Median Down Payment i
$61,600
(Feb 2024)
+54%
year-over-year
y-o-y
  • February '24 Feb '24 $61,600
  • January '24 Jan '24 $54,250
  • December '23 Dec '23 $61,500
  • November '23 Nov '23 $53,000
  • October '23 Oct '23 $61,300
  • September '23 Sep '23 $63,750
  • August '23 Aug '23 $62,400
  • July '23 Jul '23 $60,000
  • June '23 Jun '23 $31,750
  • May '23 May '23 $36,675
  • April '23 Apr '23 $34,675
  • March '23 Mar '23 $35,500
Number of Homes Sold i
33
(Feb 2024)
+22.2%
year-over-year
y-o-y
  • February '24 Feb '24 33
  • January '24 Jan '24 39
  • December '23 Dec '23 26
  • November '23 Nov '23 34
  • October '23 Oct '23 38
  • September '23 Sep '23 33
  • August '23 Aug '23 51
  • July '23 Jul '23 50
  • June '23 Jun '23 34
  • May '23 May '23 36
  • April '23 Apr '23 37
  • March '23 Mar '23 49
Number of Purchase Loans i
22
(Feb 2024)
-12%
year-over-year
y-o-y
  • February '24 Feb '24 22
  • January '24 Jan '24 23
  • December '23 Dec '23 25
  • November '23 Nov '23 25
  • October '23 Oct '23 27
  • September '23 Sep '23 23
  • August '23 Aug '23 33
  • July '23 Jul '23 34
  • June '23 Jun '23 21
  • May '23 May '23 25
  • April '23 Apr '23 30
  • March '23 Mar '23 30
Number of REFI Loans i
12
(Feb 2024)
+9.1%
year-over-year
y-o-y
  • February '24 Feb '24 12
  • January '24 Jan '24 15
  • December '23 Dec '23 15
  • November '23 Nov '23 14
  • October '23 Oct '23 17
  • September '23 Sep '23 22
  • August '23 Aug '23 21
  • July '23 Jul '23 15
  • June '23 Jun '23 26
  • May '23 May '23 14
  • April '23 Apr '23 17
  • March '23 Mar '23 15
Number of HELOC Loans i
10
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 10
  • January '24 Jan '24 11
  • December '23 Dec '23 9
  • November '23 Nov '23 9
  • October '23 Oct '23 15
  • September '23 Sep '23 10
  • August '23 Aug '23 13
  • July '23 Jul '23 7
  • June '23 Jun '23 7
  • May '23 May '23 11
  • April '23 Apr '23 8
  • March '23 Mar '23 13

Sterling Heights, MI 48310 Foreclosure Activity

There were a total of 3 Sterling Heights, MI 48310 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 3 Sterling Heights, MI 48310 properties and repossessed 1 Sterling Heights, MI 48310 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
3
(Feb 2024)
-25%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 4
  • December '23 Dec '23 4
  • November '23 Nov '23 2
  • October '23 Oct '23 5
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 2
  • May '23 May '23 2
  • April '23 Apr '23 5
  • March '23 Mar '23 2
Foreclosure Starts i
3
(Feb 2024)
-25%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 4
  • December '23 Dec '23 4
  • November '23 Nov '23 2
  • October '23 Oct '23 5
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 2
  • May '23 May '23 2
  • April '23 Apr '23 5
  • March '23 Mar '23 2
Completed Foreclosures (REOs) i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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