From January through June of 2020, there were 129 homes sold, with a median sale price of $80,000. There were 115 homes sold in Sterling in the first half of 2019, and the median sales price for the period was also $80,000.
The median sales tax in Sterling for the most recent year with available data, 2018, was $2,159, approximately 2.7% of the median home sale price for the first half of 2020.
The following table compares Sterling to other Whiteside County cities with similar median sales prices in the first half of 2020:
City | Jan. - June 2020 Home Sales | Jan. - June 2019 Home Sales | % change (Total Home Sales) | Jan. - June 2020 Median Sales Price | Jan. - June 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Albany | 13 | 4 | 225% | $100,000 | $106,250 | -5.9% |
Morrison | 49 | 47 | 4.3% | $98,500 | $90,900 | 8.4% |
Lyndon | 5 | 4 | 25% | $95,000 | $63,000 | 50.8% |
Erie | 11 | 11 | 0% | $85,000 | $128,000 | -33.6% |
Prophetstown | 18 | 25 | -28% | $81,500 | $92,000 | -11.4% |
Sterling | 129 | 115 | 12.2% | $80,000 | $80,000 | 0% |
Rock Falls | 77 | 95 | -18.9% | $67,540 | $69,700 | -3.1% |
Como | 2 | 0 | - | $67,500 | $0 | - |
Grimes Addition | 1 | 3 | -66.7% | $67,000 | $63,900 | 4.9% |
Little Oklahoma | 1 | 1 | 0% | $45,000 | $5,000 | 800% |
Tampico | 3 | 8 | -62.5% | $30,000 | $45,500 | -34.1% |