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Tuesday, November 26, 2024

Sterling home prices fall in August 2018

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The median sale price of a home sold in August 2018 in Sterling fell by $2,250 while total sales decreased by 10.7%, according to BlockShopper.com.

In August 2018, there were 25 homes sold, with a median sale price of $92,500 - a 2.4% decrease over the $94,750 median sale price for the same period of the previous year. There were 28 homes sold in Sterling in August 2017.

The median sales tax in Sterling for the most recent year with available data, 2017, was $2,150, approximately 2.3% of the median home sale price for August 2018.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Como10-$214,900$0-
Erie24-50%$165,500$102,50061.5%
Fulton11683.3%$124,000$97,45027.2%
Albany41300%$115,000$172,000-33.1%
Sterling2528-10.7%$92,500$94,750-2.4%
Morrison191711.8%$90,000$100,000-10%
Rock Falls2613100%$79,450$68,00016.8%
Prophetstown34-25%$62,500$37,50066.7%
Lyndon20-$54,000$0-
Yeoward Addition12-50%$31,550$38,500-18.1%
Grimes Addition10-$5,900$0-
Tampico03-100%$0$26,725.15-100%
Little Oklahoma00-$0$0-
Douglas Park00-$0$0-
Fenton00-$0$0-

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