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Monday, November 25, 2024

Sterling home prices fall in June 2019

Realestate5

The median sale price of a home sold in June 2019 in Sterling fell by $10,050 while total sales increased by 43.3%, according to BlockShopper.com.

In June 2019, there were 43 homes sold, with a median sale price of $89,900 - a 10.1% decrease over the $99,950 median sale price for the same period of the previous year. There were 30 homes sold in Sterling in June 2018.

The median sales tax in Sterling for the most recent year with available data, 2018, was $2,159, approximately 2.4% of the median home sale price for June 2019.

The following table compares Sterling to other Whiteside County cities with similar median sales prices in June 2019:

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Erie330%$145,500$98,00048.5%
Albany12-50%$115,000$146,662.50-21.6%
Prophetstown811-27.3%$111,250$80,00039.1%
Sterling433043.3%$89,900$99,950-10.1%
Morrison990%$81,000$105,000-22.9%
Rock Falls261662.5%$77,450$60,00029.1%
Fulton11683.3%$75,000$97,799-23.3%
Douglas Park10-$65,000$0-
Grimes Addition10-$63,900$0-
Lyndon21100%$63,000$27,000133.3%
Tampico20-$31,100$0-

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