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Sterling Heights city, MI

ZIP 48312 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48312

Median Home Value
$253,700
Median Rent
$1,040
Affordability Snapshot
$70,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,630/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.6x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

20.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 48312 in Sterling Heights city, MI, a household would need roughly $70,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,630. That is roughly in line with the local median household income ($71,266). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
75.3%+15% vs US avg
x
Vacancy Rate
3.0%-71% vs US avg
x
Broadband Access
93.1%+7% vs US avg
x
4+ Bedrooms
1.6%-89% vs US avg
x
Built Pre-1939
0.4%-97% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
24.2%-51% vs US avg
x
Mortgage-Free
36.4%-5% vs US avg
x
$253,700
Home Value
$1,040
Rent
1972
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached67.2%
  • 1-unit attached9.6%
  • 2-9 units15.2%
  • 10+ units7.4%
  • Mobile home & other0.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$253,700
Median rent$1,040
Owner-occupied75.3%
Vacant3.0%
Price-to-income3.6x
Est. income to buy$70,000