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Thursday, April 9, 2020

Sterling home prices rise in January 2020

Real Estate

By Metric Media News Service | Feb 7, 2020

Realestate1

The median sale price of a home sold in January 2020 in Sterling rose by $35,001 while total sales decreased by 40%, according to BlockShopper.com.

In January 2020, there were nine homes sold, with a median sale price of $85,000 - a 70% increase over the $49,999 median sale price for the same period of the previous year. There were 15 homes sold in Sterling in January 2019.

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 January 2020.

The following table compares Sterling to other Whiteside County cities in January 2020:

City
Jan. 2020 Home Sales
Jan. 2019 Home Sales
% change (Total Home Sales)
Jan. 2020 Median Sales Price
Jan. 2019 Median Sales Price
% change (Median Sales Price)
Albany
1
0
-
$164,000
$0
-
Fulton
7
2
250%
$132,660
$197,750
-32.9%
Erie
1
2
-50%
$85,000
$187,500
-54.7%
Sterling
9
15
-40%
$85,000
$49,999
70%
Morrison
6
4
50%
$82,500
$38,750
112.9%
Rock Falls
13
9
44.4%
$70,000
$55,000
27.3%
Tampico
1
0
-
$30,000
$0
-
Lyndon
1
1
0%
$7,200
$35,000
-79.4%
Como
0
0
-
$0
$0
-
Yeoward Addition
0
1
-100%
$0
$55,000
-100%
Little Oklahoma
0
0
-
$0
$0
-
Grimes Addition
0
0
-
$0
$0
-
Prophetstown
0
1
-100%
$0
$110,000
-100%
Douglas Park
0
0
-
$0
$0
-
Fenton
0
0
-
$0
$0
-

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