Market Intelligence · MI / Sterling Heights

Sterling Heights, MI 48312 Housing Market

The typical home value in Sterling Heights, MI 48312 is $290,549, up 1.3% over the past year as of September 2026. Sellers are listing at a median of $295,950, and homes are spending a median of 38 days on the market.

Updated September 2026Median value$291K

The median home value in Sterling Heights, MI 48312 is $291K as of September 2026, up 1.3% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

Sell without the wait

Sell your Sterling Heights home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 48312 range

$267K to $314K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 48312 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Sterling Heights, MI.

12-month value trend

+1.3% over 12 months

Sep 2025$287K

Low $287KHigh $292K

Sep 2026$291K

The numbers

What is the 48312 housing market like?

As of September 2026

Typical home value

$291K

1.3%YoY

Median list price

$296K

4.5%MoM

Days on market

8.6%MoM

Homes for sale

3.6%MoM

Price cuts

23.2%

3.0%MoM

New listings

4.2%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

48312 housing market forecast 2027

+1.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48312 to rise 1.5% by September 2027.

Over the 12 months through September 2026, typical home values in 48312 rose 1.3%, per the Zillow Home Value Index.

Will home prices drop in 48312?

Zillow's forecast does not call for a drop: it expects typical home values in 48312 to rise 1.5% by September 2027, after a 1.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

Free home value report

See what your 48312 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 48312 home prices compare?

48312$290,549
Sterling Heights$304,243
Michigan$241,156
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Sterling Heights: 4 ZIPs; Michigan: 891 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, Sterling Heights, MI 48312 had 87 homes for sale, with 46 new listings hitting the market that month. The median list price sat at $295,950, close to the typical home value of $290,549. Homes moved at a moderate pace, spending a median of 38 days on market. Meanwhile, 23.2% of listings carried a price cut, a sign that some sellers started higher than buyers would pay. For a seller, the takeaway is straightforward: the market is stable but rewards realistic pricing from day one.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $58,110

Term

Rate (%)

Common questions

What people ask us.

How much is a home in 48312 worth?

The typical home value in Sterling Heights, MI 48312 is $290,549 as of September 2026, up 1.3% over the past year.

How fast are homes selling in 48312?

Homes in 48312 spent a median of 38 days on the market as of September 2026.

Is 48312 a buyer's or seller's market?

As of September 2026, there were 87 homes for sale and 23.2% of listings had a price cut, suggesting buyers have some room to negotiate.

Discover

Nearby ZIP markets.

Keep reading