Home ValuePros

Market Intelligence · MI / Sterling Heights

Sterling Heights, MI 48312 Housing Market

Typical home value in Sterling Heights, MI 48312 is $299,721, up 2.4% over the past year. The median list price stands at $309,900, with homes typically on the market for 35 days.

Updated August 2026Median value$294K

The median home value in Sterling Heights, MI 48312 is $294K as of August 2026, up 1.9% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 48312 range

$271K to $318K

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.

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12-month value trend

+1.9% over 12 months

Typical home value in 48312 over the last 12 months: $289K in Aug 2025 to $294K in Aug 2026 (+1.9%).

Aug 2025$289K

Aug 2026$294K

The numbers

What is the 48312 housing market like?

Typical home value

$294K

Up1.9%YoY

Median list price

$310K

Up3.3%MoM

Days on market

35

Down5.4%MoM

Homes for sale

84

Up9.1%MoM

Price cuts

23.9%

Up83.2%MoM

New listings

48

Down17.2%MoM

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

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The comparison

How do 48312 home prices compare?

  • 48312$294,325
  • Sterling Heights$308,590
  • Michigan$243,093
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Sterling Heights: 4 ZIPs; Michigan: 891 ZIPs; United States: 26,265 ZIPs).

Context

The market has 84 homes for sale as of August 2026, with 48 new listings added recently. The median time on market is 35 days, suggesting steady buyer interest despite a moderately sized inventory. However, 23.9% of listings have seen a price cut, which indicates some sellers are adjusting expectations. Home values have grown modestly at 2.4% annually. Sellers should expect a balanced market where pricing strategy matters more than it did a year ago.

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