From January to March, 57 homes sold in Sterling for a median price of $72,000. That's 7.1 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in Sterling.
Median property tax for homeowners in Sterling was $3,050.67 in 2016 according to tax data from that year. That means homeowners pay 4.2 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Sterling real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
46
$84,825
-
2010
39
$75,810
-10.6%
2011
44
$81,643
7.7%
2012
46
$57,770
-29.2%
2013
59
$66,960
15.9%
2014
44
$81,620
21.9%
2015
60
$69,430
-14.9%
2016
51
$72,450
4.3%
2017
66
$67,218
-7.2%
2018
57
$72,000
7.1%
Median property tax
Median sale price
Effective property tax rate
2009
$2,500.57
$84,825
2.9%
2010
$2,347.60
$75,810
3.1%
2011
$2,190.41
$81,643
2.7%
2012
$2,134.45
$57,770
3.7%
2013
$2,051.90
$66,960
3.1%
2014
$2,598.29
$81,620
3.2%
2015
$2,855.54
$69,430
4.1%
2016
$3,050.67
$72,450
4.2%
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