Market Intelligence · MI / Sterling Heights

Sterling Heights, MI 48314 Housing Market

Homes in Sterling Heights, Michigan 48314 are valued at a typical price of $365,938, up 1.8% over the past year. The median list price stands at $386,950, with homes typically spending 24 days on the market.

Updated August 2026Median value$362K

The median home value in Sterling Heights, MI 48314 is $362K as of August 2026, up 1.6% 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 48314 range

$333K to $390K

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

+1.6% over 12 months

Typical home value in 48314 over the last 12 months: $356K in Aug 2025 to $362K in Aug 2026 (+1.6%).

Aug 2025$356K

Aug 2026$362K

The numbers

What is the 48314 housing market like?

Typical home value

$362K

Up1.6%YoY

Median list price

$387K

Down16.2%MoM

Days on market

24

Down41.5%MoM

Homes for sale

44

Up41.9%MoM

Price cuts

25.5%

Up106.9%MoM

New listings

32

Up23.1%MoM

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

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The comparison

How do 48314 home prices compare?

  • 48314$361,559
  • 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

Sterling Heights currently has 44 homes for sale, with 32 new listings added recently. The median time on market is 24 days, suggesting steady buyer interest. However, 25.5% of listings have seen a price cut, indicating some sellers are adjusting expectations. The typical home value rose 1.8% year over year, but the price-cut activity suggests the market is moderating. If you're considering selling, expect a measured pace rather than rapid movement.

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