Sterling, IL home prices
Typical home $146,821 · +3.4% in a year · income needed $47,700
The Sterling, IL metro area ranks 816 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +3.4% in a year and +26.9% over five years. With 20% down at 7.11%, the typical home costs about $1,114 a month including 2.04% property tax (Whiteside County rate).
Mortgage on the typical Sterling home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $29,364 | $117,456 | $790 | $0 | $324 | $1,114 | $47,700 |
| 10% down | $14,682 | $132,138 | $889 | $55 | $324 | $1,267 | $54,300 |
| 5% down | $7,341 | $139,479 | $938 | $58 | $324 | $1,320 | $56,600 |
| 3.5% down (FHA) | $5,139 | $144,161 | $970 | $65 | $324 | $1,358 | $58,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 2.04% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Sterling area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Whiteside County, IL | $146,857 | +3.5% | 2.04% |
What can you afford in Illinois on your salary? · Illinois home prices · Salaries in Illinois
Frequently asked questions
How much is a house in Sterling?
The typical home in the Sterling, IL metro area is worth $146,821 (Zillow, September 2026).
What salary do you need to buy a house in Sterling?
About $47,700 a year for the typical home with 20% down at 7.11%.