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Sunday, September 29, 2024

Sterling home prices fall in March 2018

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The median sale price of a home sold in March 2018 in Sterling fell by $25,900 while total sales decreased by 7.4%, according to BlockShopper.com.

In March 2018, there were 25 homes sold, with a median sale price of $46,000 - a 36% decrease over the $71,900 median sale price for the same period of the previous year. There were 27 homes sold in Sterling in March 2017.

The median sales tax in Sterling for the most recent year with available data, 2017, was $2,150, approximately 4.7% of the median home sale price for March 2018.

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

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Erie23-33.3%$201,000$43,000367.4%
Morrison10100%$129,500$112,00015.6%
Fulton89-11.1%$83,500$124,000-32.7%
Prophetstown4333.3%$58,500$67,000-12.7%
Rock Falls1720-15%$54,400$63,750-14.7%
Albany14-75%$51,800$91,250-43.2%
Sterling2527-7.4%$46,000$71,900-36%
Yeoward Addition10-$42,541.28$0-
Tampico110%$33,000$7,100364.8%
Como01-100%$0$177,000-100%
Lyndon00-$0$0-
Little Oklahoma01-100%$0$105,000-100%
Grimes Addition01-100%$0$62,000-100%
Douglas Park00-$0$0-
Fenton00-$0$0-

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