Comprehensive market data and analysis• Updated Dec 2025
12.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 5 | 13 |
| 1-2 acres | - | 2 | 3 | 3 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 3 | 8 | 16 |
Acreage buckets
The median price for land in Sterling Heights, Michigan is currently $345K per acre. For a typical parcel, the median sale price is $117K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $83K while premium lots reached $285K.
Sterling Heights, Michigan is currently a strong buyer's market with 12.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Sterling Heights, Michigan currently has 12.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
There are currently 12 active listings in Sterling Heights, Michigan. 4 new listings have hit the market in the last 90 days. The median asking price is $250K.
The 3-month absorption rate in Sterling Heights, Michigan is 8.3%. The 12-month rate is 11.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Sterling Heights, Michigan saw 16 properties sold, totaling $2.4M in sales volume. In just the last 3 months, 3 properties changed hands.
Land in Sterling Heights, Michigan typically sells within 76 days of listing. The median time on market is 48 days. Properties are moving at a moderate pace in the current strong buyer's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
