Sterling, IL

Balanced market+32.1% YoY

Housing market overview · Updated weekly

$140,000median sale price

Homes sold

15

Last 12 weeks

Days on market

96

Average pace

Active listings

27

1.8 months supply

Sale-to-list

92.9%

Below asking

The Sterling housing market is currently classified as a balanced market with a median sale price of $140,000. Prices have risen 32.1% compared to last year, with homes spending an average of 96 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Sterling

There are currently 27 homes listed for sale in Sterling, Illinois. The median listing price is $125K.

Active listings

27

Homes on market

Median list price

$125K

Avg. days on market

96

Days until sale

New this week

11

Newly listed

Price drops:22.2%of listings
Sale-to-list:92.9%

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Frequently asked questions

What is the average home price in Sterling?

The median home sale price in Sterling is $140,000, up 32.1% from last year.

How long do homes stay on market in Sterling?

Homes typically spend 96 days on market before going under contract.

Is Sterling a buyer's or seller's market?

With 1.8 months of supply, Sterling is currently a balanced market.

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