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Saturday, August 2, 2025

Sterling home prices fall in the fourth quarter of 2018

Realestate2

The median sale price of a home sold in the fourth quarter of 2018 in Sterling fell by $3,000 while total sales increased by 16.2%, according to BlockShopper.com.

From October through December of 2018, there were 86 homes sold, with a median sale price of $75,500 - a 3.8% decrease over the $78,500 median sale price for the same period of the previous year. There were 74 homes sold in Sterling in the fourth quarter of 2017.

The median sales tax in Sterling for the most recent year with available data, 2017, was $2,149.50, approximately 2.8% of the median home sale price for the fourth quarter of 2018.

The following table compares Sterling to other Whiteside County cities with similar median sales prices in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Como24-50%$133,500$75,25077.4%
Prophetstown1114-21.4%$130,000$43,471.50199%
Fulton292231.8%$128,000$118,0008.5%
Morrison2930-3.3%$90,000$110,000-18.2%
Albany9812.5%$87,500$100,250-12.7%
Tampico82300%$85,500$62,00037.9%
Sterling867416.2%$75,500$78,500-3.8%
Yeoward Addition10-$63,000$0-
Rock Falls4752-9.6%$62,000$57,5007.8%
Lyndon17-85.7%$10,000$75,607.29-86.8%
Grimes Addition15-80%$5,000$26,000-80.8%

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