Sterling, Illinois, is a vibrant city in Whiteside County with a population of approximately 14,700 as of the 2020 census. Nestled along the Rock River, Sterling boasts a rich industrial history, once home to major manufacturing plants, while today it offers a blend of small-town charm and modern amenities. The city features a historic downtown with unique shops, restaurants, and the iconic Sterling Theater, alongside attractions like the Dillon Home Museum, a beautifully preserved 19th-century mansion. With parks, riverfront trails, and community events like the annual Sterling Fiesta Days, Sterling provides a welcoming environment for residents and visitors alike.
Sterling currently has 70 single family homes for sale with an average list price of $186,701.21, 1 condo for sale with a list price of $209,000, and 6 lots for sale with an average list price of $85,833.33. The average annual property tax for Sterling is $2,787.06.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Sterling, i.e. what's hot and what's not.
See What's Hot & What's Not in SterlingSterling home sales for the month of August rose in volume by 18.8% when compared to last year, while the median sale price decreased by 11.8% from $153,000 to $135,000. House sales rose by 12.5%, while the median sale price decreased by 15.2% from $153,000 to $129,750. Condo sales stayed the same, while the median sale price stayed the same.
271
|
257
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218
|
199
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$99,500
|
$117,500
|
$116,125
|
$129,500
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |