Home Values

Sturgis Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$98,600

  • 12.7% 1-year change
  • None 1-year forecast

The median home value in Sturgis is $98,600. Sturgis home values have gone up 12.7% over the past year. The median list price per square foot in Sturgis is $76, which is higher than the Sturgis Metro average of $72. The median price of homes currently listed in Sturgis is $105,000 while the median price of homes that sold is $122,825. The median rent price in Sturgis is $549, which is lower than the Sturgis Metro median of $600.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Sturgis is 2.8%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Sturgis homeowners underwater on their mortgage is 16.0%.

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Relative ZHVI
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Sturgis Market Overview

Data through Nov 30, 2014
  • $98,600 ZHVI
  • No data 1-yr forecast
  • $105,000 Median listing price
  • $122,825 Median sale price (Oct 31, 2014)
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Sturgis Market Health

Data through Nov 30, 2014
  • 9.9/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 16.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 2.8% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Vicksburg $129,900
White Pigeon $113,300
Three Rivers $111,800
Name Median ZHVI
Mendon $103,300
Colon $97,700
Centreville $97,500
Name Median ZHVI
Constantine $92,700
Burr Oak $82,600
 

Listings & Sales

Data through Nov 30, 2014
  • $76 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
13.3%
Sold below listing
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Sturgis Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $932 Sturgis
    $948 Sturgis Metro
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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