From October to December, 85 homes sold in Sterling for a median price of $74,000. That's 7.6 percent lower than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, there were no foreclosures in Sterling.
Median property tax for homeowners in Sterling was $2,536.94 in 2017 according to tax data from that year. That means homeowners pay 3.2 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
63
$90,090
-
2010
60
$80,940
-10.2%
2011
58
$90,683
12%
2012
74
$80,933
-10.8%
2013
66
$81,270
0.4%
2014
58
$81,352
0.1%
2015
75
$74,200
-8.8%
2016
72
$80,850
9%
2017
74
$80,070
-1%
2018
85
$74,000
-7.6%
Median property tax
Median sale price
Effective property tax rate
2009
$2,158.06
$90,090
2.4%
2010
$2,320.72
$80,940
2.9%
2011
$2,411.79
$90,683
2.7%
2012
$2,077.25
$80,933
2.6%
2013
$2,019.28
$81,270
2.5%
2014
$2,183.45
$81,352
2.7%
2015
$2,286.16
$74,200
3.1%
2016
$2,538.71
$80,850
3.1%
2017
$2,536.94
$80,070
3.2%
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