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Sterling, IL Real Estate & Property Data

Sterling Real Estate Market Trends

Last Updated: April 24, 2024

Accurate and comprehensive real estate data is critical for insight into Sterling, IL. ATTOM’s Sterling real estate data is updated daily, and current market trends show that in Sterling, IL a total of 432 residential properties have sold over the past year. With a median home price of $187,500 in Sterling and a total of 3 foreclosures. Get detailed property data for Sterling, IL instantly. ATTOM is your one-stop-shop for the Sterling property reports and real estate data you need in Sterling, IL.

Sterling Real Estate Market Trends

Get property data for any address in Sterling, IL or the country:

Total Residential Properties 7,686

Total Commercial Properties 622

Avg. Home Age (Single Family Home) 47 Years

Avg. Square Feet (Single Family Home) 2,198

Total 2024 Residential Sales (year-to-date) 48

% of Homes Seriously Underwater (Q2 2024) 1%

Total 2023 Residential Sales 403

% of Equity Rich Homes (Q2 2024) 24.33%

Effective 2023 Property Tax 1.85%

Total Foreclosure Filings (year-to-date) 6

Sterling, IL Real Estate Overview

There were 432 residential properties sold in the past year in Sterling, IL. The median home value in Sterling, IL is $125,088. There are a total of 7,686 residential properties in the Sterling.

Median Sales Price i

$187,500

(Feb 2024)

+149.9%

year-over-year

y-o-y

February '24 Feb '24 $187,500
January '24 Jan '24 $107,025
December '23 Dec '23 $128,079
November '23 Nov '23 $126,253
October '23 Oct '23 $95,794
September '23 Sep '23 $104,667
August '23 Aug '23 $133,250
July '23 Jul '23 $121,187
June '23 Jun '23 $155,000
May '23 May '23 $168,625
April '23 Apr '23 $125,000
March '23 Mar '23 $114,900

Median Down Payment i

$37,500

(Feb 2024)

+765.3%

year-over-year

y-o-y

February '24 Feb '24 $37,500
January '24 Jan '24 $17,919
December '23 Dec '23 $26,020
November '23 Nov '23 $23,613
October '23 Oct '23 $18,169
September '23 Sep '23 $20,000
August '23 Aug '23 $27,888
July '23 Jul '23 $24,100
June '23 Jun '23 $31,000
May '23 May '23 $33,112
April '23 Apr '23 $25,457
March '23 Mar '23 $19,770

Number of Homes Sold i

15

(Feb 2024)

-42.3%

year-over-year

y-o-y

February '24 Feb '24 15
January '24 Jan '24 33
December '23 Dec '23 34
November '23 Nov '23 31
October '23 Oct '23 37
September '23 Sep '23 30
August '23 Aug '23 35
July '23 Jul '23 41
June '23 Jun '23 39
May '23 May '23 45
April '23 Apr '23 29
March '23 Mar '23 37

Number of Purchase Loans i

6

(Feb 2024)

-53.8%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 20
December '23 Dec '23 24
November '23 Nov '23 19
October '23 Oct '23 20
September '23 Sep '23 19
August '23 Aug '23 27
July '23 Jul '23 26
June '23 Jun '23 32
May '23 May '23 28
April '23 Apr '23 10
March '23 Mar '23 28

Number of REFI Loans i

23

(Feb 2024)

+130%

year-over-year

y-o-y

February '24 Feb '24 23
January '24 Jan '24 11
December '23 Dec '23 19
November '23 Nov '23 13
October '23 Oct '23 21
September '23 Sep '23 19
August '23 Aug '23 12
July '23 Jul '23 14
June '23 Jun '23 9
May '23 May '23 21
April '23 Apr '23 8
March '23 Mar '23 25

Number of HELOC Loans i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 2
September '23 Sep '23 1
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 4
May '23 May '23 2
April '23 Apr '23 2
March '23 Mar '23 N/A

Sterling, IL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

61081
$125,088 $56.91/sqft

Sterling, IL Foreclosure Activity

There were a total of 3 Sterling, IL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

3

(Feb 2024)

-50%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 3
December '23 Dec '23 2
November '23 Nov '23 3
October '23 Oct '23 1
September '23 Sep '23 3
August '23 Aug '23 3
July '23 Jul '23 6
June '23 Jun '23 4
May '23 May '23 4
April '23 Apr '23 1
March '23 Mar '23 7

Foreclosure Starts i

2

(Feb 2024)

-33.3%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 2
December '23 Dec '23 2
November '23 Nov '23 2
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 2
July '23 Jul '23 5
June '23 Jun '23 2
May '23 May '23 4
April '23 Apr '23 1
March '23 Mar '23 5

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 1
December '23 Dec '23 1
November '23 Nov '23 1
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 1

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