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Sterling Heights, MI 48312 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Sterling Heights, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.23
ActiveActive listings: 3131PendingPending sales: 77
Sterling Heights, MI: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $195k$195kSoldMedian sold price (last 6 months): $311k$311k
What homes actually sell for in Sterling Heights, MI
Distribution of 268 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $232k to $335k
$116k to $160k: 25 sales$116k$160k to $203k: 14 sales$203k to $246k: 25 sales$203k$246k to $289k: 31 sales$289k to $332k: 83 sales83sales$289k$332k to $375k: 39 sales$375k to $418k: 23 sales$375k$418k to $461k: 1 salesMedian $311k

What the numbers say

As of September 14, 2026, Resideline is tracking 31 active listings and 7 pending sales in ZIP code 48312. That pending-to-active ratio of 0.23 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $195,000, while the median of the 268 closed sales Resideline tracked over the last six months was $311,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 48312 for 67 days.

Frequently asked questions

What is the median home price in 48312?

The median closed sale price in Sterling Heights, MI 48312 was $311,000 over the last six months, based on 268 closed sales tracked by Resideline. The middle half of those sales ranged from $232,000 to $335,000.

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

Resideline is currently tracking 7 pending sales against 31 active listings in 48312, a pending-to-active ratio of 0.23. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 48312 currently looks like a balanced market.

Nearby ZIP code market data

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