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 Type | 0% |
| One Bedroom | 4.10% |
| Two Bedrooms | 36% |
| Three Bedrooms | 48.70% |
| Four Bedrooms | 7.10% |
| Five Bedrooms or more | 4.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $58,200 |
| Median Price asked for vacant units | $75,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.10% |
| Home Equity Loan | 3.90% |
| Simple Mortgage | 57.50% |
| Debt Free | 35.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.5% |
