Property Makler
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Sterling, IL housing market

Housing market indicators

Indicator 2022202320242025* Change202220232024YTD
Median Listing Price per Square Feet $91 $97 $92 $99 18.2% 6.6% -5.2% 7.6%
Active Listing Count 106 75 121 124 -11.7% -29.2% 61.3% 2.5%
Median Days on Market 61 41 57 40 29.8% -32.8% 39% -29.8%
Share of listings with price decrease 12.8% 12.6% 15.5% 17.2%

* last available value

Home prices

Short term housing supply drivers

Long term housing demand drivers

Long term housing supply drivers




Note: 12M MA - 12 months moving average, Permits - New Private Housing Structures Authorized by Building Permits. Source: FRED


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