Zip 61081 (Sterling, IL) Housing

Sterling, IL has a median housing value of $114,200 which is significantly lower than the US median house value of $338,100. Over the past year, the US house appreciation was 8.27%, while Sterling only had an appreciation rate of 7.18%. This suggests that the housing market in Sterling is not growing as quickly as in other parts of the country. Nevertheless, it is still a great place to buy a home due to its affordability and relative stability when compared to more volatile markets elsewhere.

The median home cost in Sterling (zip 61081) is $114,200. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Sterling (zip 61081) is up 14.1%.

Average Age of Homes

- The median age of Sterling (zip 61081) real estate is 54 years old

The Rental Market in Sterling (zip 61081)

- Renters make up 23.8% of the Sterling (zip 61081) population
- 1.7% of houses and apartments in Sterling (zip 61081), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Sterling, Illinois	United States
	9,719.0	139,647,020.0
	61	42
	$114,200	$338,100
	14.1%	16.6%
	42.4%	57.0%
	50.3%	101.1%
	$23.56	$10.98
	$2,587	$2,690
	63.1%	57.4%
	9.6%	11.2%
	27.3%	31.4%
Vacant Housing
	1.7%	1.9%
	0.8%	0.4%
	1.4%	0.7%
	0.2%	0.4%
	2.2%	3.6%
	3.3%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	1.4%	2.4%
	6.8%	2.8%
	16.5%	3.9%
	18.1%	4.5%
	24.3%	11.3%
	9.3%	13.0%
	13.5%	20.1%
	4.5%	13.6%
	1.1%	8.3%
	1.6%	9.7%
	0.5%	3.9%
	0.1%	2.2%
	0.2%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.3%	13.6%
	4.3%	13.6%
	10.2%	13.6%
	5.9%	13.2%
	16.1%	14.8%
	10.2%	13.6%
	19.5%	10.0%
	6.6%	4.7%
	24.7%	12.2%

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