From July to September, 84 homes sold in Sterling for a median price of $85,500. That's 3.7 percent lower than median home sale prices for the third quarter of 2017.
In the third quarter, there were no foreclosures in Sterling.
Median property tax for homeowners in Sterling was $2,720.73 in 2017 according to tax data from that year. That means homeowners pay 3.1 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: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
82
$92,430
-
2010
48
$86,070
-6.9%
2011
61
$89,270
3.7%
2012
57
$74,120
-17%
2013
80
$73,170
-1.3%
2014
66
$90,630
23.9%
2015
78
$90,630
0%
2016
78
$80,850
-10.8%
2017
95
$88,740
9.8%
2018
84
$85,500
-3.7%
Median property tax
Median sale price
Effective property tax rate
2009
$2,464.25
$92,430
2.7%
2010
$2,233.98
$86,070
2.6%
2011
$2,217.94
$89,270
2.5%
2012
$2,247.68
$74,120
3%
2013
$2,133.93
$73,170
2.9%
2014
$2,533.14
$90,630
2.8%
2015
$2,668.65
$90,630
2.9%
2016
$2,416.20
$80,850
3%
2017
$2,720.72
$88,740
3.1%
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