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Tuesday, November 26, 2024

Sterling home prices fall in November 2018

Re 11

The median sale price of a home sold in November 2018 in Sterling fell by $14,500 while total sales increased by 4.2%, according to BlockShopper.com.

In November 2018, there were 25 homes sold, with a median sale price of $70,000 - a 17.2% decrease over the $84,500 median sale price for the same period of the previous year. There were 24 homes sold in Sterling in November 2017.

The median sales tax in Sterling for the most recent year with available data, 2017, was $2,150, approximately 3.1% of the median home sale price for November 2018.

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

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Fenton110%$210,000$60,000250%
Erie6450%$129,250$128,0001%
Albany330%$127,000$121,5004.5%
Fulton710-30%$110,000$125,000-12%
Como110%$89,500$185,000-51.6%
Morrison912-25%$70,000$110,000-36.4%
Sterling25244.2%$70,000$84,500-17.2%
Rock Falls1617-5.9%$68,950$42,00064.2%
Prophetstown3250%$68,000$123,000-44.7%
Tampico51400%$49,900$65,000-23.2%
Yeoward Addition00-$0$0-
Lyndon02-100%$0$56,500-100%
Little Oklahoma01-100%$0$75,000-100%
Grimes Addition01-100%$0$20,000-100%
Douglas Park00-$0$0-

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