Housing Costs & Availability

 

Affordable housing and a low vacancy rate

 

A median home value that’s less than half the U.S. and Chicago averages means your employees’ housing dollar will go further in Sterling. Renting is also popular with more than 35% of the local population choosing this option.

 

Housing Sterling, IL United States

Chicago, IL
Median Home Age 51 27 56
Median Home Cost $92,160
 $202,300 $222,960
Home Appreciation -5.20%
 -4.60% -11.30%
Homes Owned 59.86% 64.07%

40.13%
Housing Vacant 5.51%
14.48% 7.82%
Homes Rented 35.55% 
21.45% 52.09%


Source: Sperling’s Best Places October 2009

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