Sterling, MN is a great place to invest in real estate. The median housing value is $335,300, which is slightly below the US average of $338,100. However, what makes Sterling particularly attractive is that it has experienced an impressive 1 year house appreciation of 11.33%, significantly higher than the 8.27% average seen across the US as a whole. This means that Sterling offers people looking for reliable returns on their investment a great opportunity to take advantage of increasing property values.
The median home cost in Sterling is $335,300. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Sterling is up 11.6%.
Average Age of Homes
- The median age of Sterling real estate is 50 years old
The Rental Market in Sterling
- Renters make up 2.3% of the Sterling population
- 0.0% of houses and apartments in Sterling, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.