Housing in Sterling, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$82,000

Median List Price

$88,000

Price Per Sq Ft

$73

Days on Market

56

Active Inventory

28

Months of Supply

2.2

Seller's market

Zillow Home Value

$136,308

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 25.5%List Price 4.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

15.4%

Off Market in 2 Weeks

31.3%

Sale-to-List Ratio

93.5%

Buyer's market

Sold Above Asking
15.4%
Under Contract in 2 Wks
31.3%
Listings with Price Drops
28.6%

Market Activity

Source: Redfin

Homes Sold

13

New Listings

11

Pending Sales

16

Homes Sold 31.6%New Listings 22.2%Pending 166.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$73

Median List $/SF

$113

Sale $/SF 13.1%List $/SF 50.7%Mar 24Jan 26

Sterling vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Sterling is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$107,800

Median Rent

$780

Total Housing Units

7,385

Vacancy Rate

9.8%

Owner Occupied

61.8%

Renter Occupied

38.3%

Median Property Tax

$2,524

per year

Monthly Cost (w/ Mortgage)

$782

Housing Types

Single Family
70.5%
Multi-Family
28.7%
Mobile Home
0.8%

The current median sale price in Sterling, IL is $82,000 according to Redfin data. Homes spend a median of 56 days on the market. 15.4% of homes sold above asking price. The market has 2.2 months of supply. The median price per square foot is $73. The median rent is $780 per month (Census ACS). About 61.8% of housing units are owner-occupied. The median year homes were built is 1957. There are 7,385 total housing units.