The story of this market
The typical home in ZIP 48314 sells for about $382,400, or $227 per square foot.
Prices are down 30.9% from a year ago, which gives buyers more room to negotiate. Homes take about 27 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,476 a month.
ZIP 48314 — Sterling Heights
The 48314 housing market is currently experiencing significant volatility with a sharp year-over-year decline in home prices. While the area maintains a competitive market score, the lack of specific closed sales and inventory depth data makes a comprehensive assessment difficult. Many metrics, including specific tax rates and detailed school performance, are not currently published at the ZIP level.
Median prices moved down 30.9% year over year.
Homes spend a median of 27 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.9% · poverty 8.6% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 48314
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Data retrieved from Census Reporter and Michigan-Demographics.com; specific fields not published in source are null.
- C.J. Barrymore's4.48.9 mi
- Dave & Buster's Utica4.13.4 mi
- Round1 Bowling & Arcade - Auburn Hills4.113.4 mi
- Urban Air Trampoline and Adventure Park4.23.3 mi
- Adventure Bay Family Water Park Presented by WFCU Credit Union4.419.9 mi
- Little Caesars Arena4.618.2 mi
- Comerica Park4.718.4 mi
- Ford Field4.618.4 mi
- Pine Knob Music Theatre4.618.2 mi
- Huntington Place4.519.3 mi
- Detroit Zoo4.59.8 mi
- Emagine Royal Oak4.38.8 mi
- Stony Creek Metropark4.77.2 mi
- C.J. Barrymore's4.48.9 mi
- MJR Marketplace Cinema4.54.2 mi
- Detroit Institute of Arts4.817 mi
- Michigan Central4.819.1 mi
- Motown Museum4.716.7 mi
- Michigan Science Center4.417.1 mi
- Cranbrook House & Gardens4.89.4 mi
- Stony Creek Metropark4.77.2 mi
- Dodge Park4.73 mi
- Innovation Hills4.76.7 mi
- Cranbrook House & Gardens4.89.4 mi
- Red Oaks Waterpark4.45.9 mi
- Topgolf4.213 mi
- Cherry Creek Golf Club4.55.5 mi
- Sycamore Hills Golf Club MICHIGAN3.910.3 mi
- Fieldstone Golf Club3.911.1 mi
- Rackham Golf Course3.810.2 mi
- Somerset Collection4.66.7 mi
- Oakland Mall4.15.2 mi
- Meijer411.4 mi
- Meijer4.27.4 mi
- Detroit Metropolitan Wayne County Airport4.330.7 mi
- Windsor International Airport4.223.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).