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Sterling, MI Real Estate


According to census data in the year 2000 there were 197 housing units in Sterling. This represents a 3.7% growth from 190 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 197 were located in what is classified as a rural area.

Homeownership rate in Sterling is about 81.7%. Sterling's vacancy rate, including seasonal lodging, is about 5.6%. Average household size is 2.45 people.

The majority of houses, apartments or condos in Sterling were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.10%
Two Bedrooms36%
Three Bedrooms48.70%
Four Bedrooms7.10%
Five Bedrooms or more4.10%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.43
Median year structure was built1957
Median Value of occupied units$58,200
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1968
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.10%
Home Equity Loan3.90%
Simple Mortgage57.50%
Debt Free35.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.5%