Home prices
The price of the median home in Sterling Heights is $187,600. Compared to its surrounding areas this is roughly $16,860 (9%) higher.It is approximately $29,900 (13%) lower in comparison to the entire nation, and compared to the city of Detroit it is about $138,400 (281%) higher.
Rents
Sterling Heights's median rent is $1,025 per month. This is approximately $69 (7%) higher compared to other places in this area.Compared to the entire country it is approximately $37 (3%) lower, and in comparison to the city of Detroit is approximately $201 (24%) higher.
Nearby places
Utica
Utica is Sterling Heights's neighbor to the north. The real estate prices there are somewhat less expensive. The median home in Utica costs $156,800, which comes out to $30,800 (19%) lower than Sterling Heights. Rents there are a bit less expensive. In Utica the median rent is $884 per month, which comes out to $141 (15%) lower than Sterling Heights.
Fraser
Fraser is Sterling Heights's neighbor to the southeast. Its real estate prices are a bit less expensive. The median home in Fraser is valued at $149,100, which is $38,500 (25%) lower than Sterling Heights. Rent there is substantially less expensive. Fraser's median rent is $775 a month, which works out to $250 (32%) lower than Sterling Heights.
Troy
Troy is Sterling Heights's neighbor to the west. The real estate prices there are a lot more expensive. The median home price in Troy is $301,500, which is $113,900 (37%) higher than Sterling Heights. Rents there are a little more expensive. The median rent in Troy is $1,215 a month, which works out to $190 (15%) higher than Sterling Heights.
Warren
Warren is Sterling Heights's neighbor to the south. The housing prices there are significantly less expensive. The median home in Warren is valued at $122,300, which works out to $65,300 (53%) lower than Sterling Heights. Rent there is somewhat less expensive. In Warren the median rent is $939 a month, which comes out to $86 (9%) lower than Sterling Heights.
Madison Heights
Madison Heights is Sterling Heights's neighbor to the southwest. Real estate prices there are substantially less expensive. The median home price in Madison Heights is $124,000, which works out to $63,600 (51%) lower than Sterling Heights. Rent there is somewhat less expensive. The median monthly rent in Madison Heights is $967, which comes out to $58 (5%) lower than Sterling Heights.
