Quantcast

NW Illinois News

Sunday, November 24, 2024

Sterling home prices rise in the second quarter of 2019

Re 2

The median sale price of a home sold in the second quarter of 2019 in Sterling rose by $7,100 while total sales decreased by 4.8%, according to BlockShopper.com.

From April through June of 2019, there were 79 homes sold, with a median sale price of $85,000 - a 9.1% increase over the $77,900 median sale price for the same period of the previous year. There were 83 homes sold in Sterling in the second quarter of 2018.

The median sales tax in Sterling for the most recent year with available data, 2018, was $2,159, approximately 2.5% of the median home sale price for the second quarter of 2019.

The following table compares Sterling to other Whiteside County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Erie613-53.8%$131,500$106,90023%
Albany28-75%$106,250$122,500-13.3%
Fulton382272.7%$106,250$99,0007.3%
Morrison322152.4%$105,750$82,00029%
Prophetstown22220%$98,500$71,40038%
Sterling7983-4.8%$85,000$77,9009.1%
Lyndon37-57.1%$79,000$27,000192.6%
Rock Falls675521.8%$70,000$69,0001.4%
Douglas Park12-50%$65,000$59,00010.2%
Grimes Addition10-$63,900$0-
Tampico6450%$61,750$69,500-11.2%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS