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Saturday, September 28, 2024

Sterling home prices rise in February 2018

Re 10

The median sale price of a home sold in February 2018 in Sterling rose by $8,000 while total sales decreased by 26.3%, according to BlockShopper.com.

In February 2018, there were 14 homes sold, with a median sale price of $88,000 - a 10% increase over the $80,000 median sale price for the same period of the previous year. There were 19 homes sold in Sterling in February 2017.

The median sales tax in Sterling for the most recent year with available data, 2017, was $2,150, approximately 2.4% of the median home sale price for February 2018.

The following table compares Sterling to other Whiteside County cities in February 2018:

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Fenton10-$122,500$0-
Como10-$120,000$0-
Morrison38-62.5%$100,000$66,50050.4%
Fulton38-62.5%$98,000$109,750-10.7%
Sterling1419-26.3%$88,000$80,00010%
Rock Falls14875%$77,000$39,75093.7%
Albany21100%$67,000$20,000235%
Prophetstown3250%$64,900$69,500-6.6%
Tampico110%$50,000$17,000194.1%
Erie02-100%$0$177,500-100%
Yeoward Addition00-$0$0-
Lyndon00-$0$0-
Little Oklahoma00-$0$0-
Grimes Addition01-100%$0$77,500-100%
Douglas Park00-$0$0-

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