Is Sterling Heights, MI 48310 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Sterling Heights is a seller’s market. With about 2.6 months of supply and 45% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score80/ 100

More competitive than 85% of U.S. ZIP codes, and #89 of 510 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.6Under 4 months = seller’s market
Sold above original list44.5%Share of sales, last 3 months
Median sale-to-list100.3%Sold price ÷ list price
Median days on market17Listing to accepted offer
Median price per sq ft$160▼ −8.7% vs. last year

The Sterling Heights housing market right now

In the three months ending August 31, 2026, 45% of homes in Sterling Heights, MI 48310 sold above their list price, the typical home went under contract in 17 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 113 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 40%, homes sold about as fast and the median sale price fell 2% to $331,856. Overall, Sterling Heights is more competitive than a year ago, so tougher for buyers.

Within Macomb County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 89%. On our competition score, Sterling Heights ranks #89 of 510 MI ZIP codes with enough sales (score 80 out of 100).

Nearby, buyers who want less competition could look at New Haven 48050 (0% sold over asking) or Romeo 48065 (17% sold over asking), while Sterling Heights 48314 (49% sold over asking) and Sterling Heights 48313 (47% sold over asking) are even more competitive.

Nearby markets

Armada 48005Seller’s market $181 /sq ftCenter Line 48015Seller’s market $142 /sq ftClinton Township 48035Seller’s market $160 /sq ftClinton Township 48036Seller’s market $137 /sq ft Browse all markets →

Where Sterling Heights is

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Questions about Sterling Heights real estate

Is Sterling Heights a buyer’s or seller’s market?

A seller’s market: there were 2.6 months of supply in Sterling Heights, MI 48310 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Sterling Heights?

The typical home went under contract in 17 days in the latest three months.

Do homes in Sterling Heights sell over asking?

45% of homes sold above their original list price, and the typical sale closed at 100.3% of the list price.

What are property taxes in Sterling Heights?

About 1.40% of a home’s value a year in Macomb County, or roughly $5,600 on a $400,000 home.

What is the median home price in Sterling Heights?

The median sale price was $331,856 in the three months ending August 31, 2026, about $160 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology