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Thursday, April 18, 2024

Sterling home prices rise in February 2020

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The median sale price of a home sold in February 2020 in Sterling rose by $19,250 while total sales increased by 16.7%, according to BlockShopper.com.

In February 2020, there were 14 homes sold, with a median sale price of $74,000 - a 35.2% increase over the $54,750 median sale price for the same period of the previous year. There were 12 homes sold in Sterling in February 2019.

The median sales tax in Sterling for the most recent year with available data, 2018, was $2,159, approximately 2.9% of the median home sale price for February 2020.

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

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Erie12-50%$117,000$87,50033.7%
Morrison72250%$116,000$108,5006.9%
Fulton550%$96,000$114,750-16.3%
Albany31200%$89,900$139,800-35.7%
Sterling141216.7%$74,000$54,75035.2%
Rock Falls810-20%$50,205$80,150-37.4%
Little Oklahoma10-$45,000$0-
Prophetstown30-$45,000$0-
Como00-$0$0-
Tampico02-100%$0$27,000-100%
Yeoward Addition00-$0$0-
Lyndon00-$0$0-
Grimes Addition02-100%$0$55,425-100%
Douglas Park00-$0$0-
Fenton00-$0$0-

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