Sturgis Home Prices & Values

$92,900 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 11.8% 1-year change
  • No data 1-year forecast

The median home value in Sturgis is $92,900. Sturgis home values have gone up 11.8% over the past year. The median list price per square foot in Sturgis is $74, which is lower than the Sturgis Metro average of $79. The median price of homes currently listed in Sturgis is $129,000 while the median price of homes that sold is $101,251. 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 2.7%, which is lower than the national value of 6.9%. 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 18.5%.

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Relative ZHVI
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Sturgis Market Overview

Data through Jul 31, 2014
  • $92,900 ZHVI
  • No data 1-yr forecast
  • $129,000 Median listing price
  • $101,251 Median sale price
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Sturgis Market Health

Data through Jul 31, 2014
  • 7.1/10 Healthy What's This?  
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    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
  • 18.5% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 2.7% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Shipshewana $164,200 White Pigeon $103,900 Three Rivers $103,900
Colon $100,900 Mendon $99,300 Centreville $95,400
Constantine $86,100 Burr Oak $85,400 Bronson $81,700

Listings & Sales

Data through Jul 31, 2014
  • $74 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 38.7% Listings with price cut
27.6%
Sold below listing
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Sturgis Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$840 Sturgis
$851 Sturgis Metro
$1,318 United States
  • No data Breakeven horizon
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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