Sterling Heights, MI Real Estate
According to census data in the year 2000 there were 47,547 housing units in Sterling Heights.
This represents a 12.4% growth from 42,317 in 1990.
Of those housing units, 47,547 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Sterling Heights is about 79%.
Sterling Heights's vacancy rate, including seasonal lodging, is about 2.6%.
Average household size is 2.66 people.
The majority of houses, apartments or condos in Sterling Heights were built after 1975.
|Housing Units by Size|
|Five Bedrooms or more||1%|
Owned Homes, Apartments and Condos
|Average Household Size||2.88|
|Median year structure was built||1974|
|Median Value of occupied units||$160,700|
|Median Price asked for vacant units||$121,600|
Rented Homes, Apartments and Condos
|Average Household Size||1.84|
|Median year structure was built||1977|
|Median Monthly Rent asked for vacant units||$674|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||14.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.6%|