From April to June, 83 homes sold in Sterling for a median price of $77,900. That's 10.1 percent lower than median home sale prices for the second quarter of 2017.
In the second quarter, there were no foreclosures in Sterling.
Median property tax for homeowners in Sterling was $2,541.53 in 2016 according to tax data from that year. That means homeowners pay 3.6 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Sterling real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
73
$84,825
-
2010
40
$87,210
2.8%
2011
57
$87,575
0.4%
2012
69
$82,840
-5.4%
2013
84
$69,120
-16.6%
2014
64
$64,395
-6.8%
2015
75
$68,900
7%
2016
73
$71,400
3.6%
2017
81
$86,700
21.4%
2018
83
$77,900
-10.1%
Median property tax
Median sale price
Effective property tax rate
2009
$2,536.09
$84,825
3%
2010
$2,273.90
$87,210
2.6%
2011
$2,293.51
$87,575
2.6%
2012
$2,266.69
$82,840
2.7%
2013
$2,251.99
$69,120
3.3%
2014
$2,163.17
$64,395
3.4%
2015
$2,447.62
$68,900
3.6%
2016
$2,541.52
$71,400
3.6%
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