Understanding your local real estate market is key—whether you’re planning to buy, sell, or keep tabs on your home’s value. That’s why we bring you a monthly breakdown of real-time housing trends for Sterling, IL. These insights help you gauge how the market is moving and what it might mean for your real estate goals.
Here’s what November 2025 looked like for residential real estate in Sterling:
🔄Pending Listings: 22 ↓
Pending listings are a forward-looking indicator of market activity. With 22 properties under contract in November, it’s clear that buyers are still actively writing offers—even as we enter the holiday season.
📋Active Listings: 43↓
There were 43 active listings in Sterling during November. This number reflects current buyer preferences and seller competition. It’s a relatively low figure for a city of this size, reinforcing the tight inventory trend seen throughout the year.
🏡Months of Inventory: 1.54 ↓
A low supply of homes means strong demand, and with only 1.54 months of inventory available in November, Sterling remains a seller’s market. A balanced market typically has 5 to 6 months of inventory, so this shortage indicates quick turnover and competitive offers. If you’re thinking of selling, now’s a great time to take advantage of limited competition.
💰Median Sale Price: $122,500 ↓
The median sale price in November was $122,500. This reflects affordability for buyers while maintaining solid value for sellers. It also offers insight into the types of homes that are moving—typically smaller, well-kept properties that are ideal for first-time buyers or downsizers.
📉Average Sale Price: $145,742 ↓
Homes in Sterling spent an average of 44 days on the market in November. This number is a helpful benchmark for both buyers and sellers—it gives sellers a realistic timeline and reminds buyers that waiting too long to make a move might mean missing out.
📈Sold to List Price %: 97.5% ↑
This metric shows how close homes sold to their asking price. At 97.5%, sellers in Sterling received nearly full price in November. This suggests buyers are motivated and willing to pay close to the list price, which is another strong indicator of a healthy, active market.
📈Average Days on Market: 44 ↑
Homes in Sterling spent an average of 44 days on the market in November. This number is a helpful benchmark for both buyers and sellers—it gives sellers a realistic timeline and reminds buyers that waiting too long to make a move might mean missing out.
📉Interest Rates: 6.34% ↓
Interest rates stayed steady at 6.34%, continuing to impact buyer affordability. While higher than previous years, these rates are consistent, allowing for better long-term planning. Buyers are adjusting, and lenders are offering creative solutions to help navigate this landscape.
November 2025’s real estate numbers for Sterling, IL, paint a promising picture for sellers. With a lower Months of Inventory (1.54) and homes still fetching a strong 97.5% of list price, it’s clear that buyer demand remains steady—even as the holiday season approaches. Inventory is tighter than last month, and while the number of new listings has dipped, homes are still moving at a solid pace with 44 days on market.
Thanks, from David & Debbie Flannery eXp Realty, LLC | Team Flannery 815-973-0533
Information provided by: Realtors Property Resource®, MRED LLC, & The Wild Group
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