Sterling, CO


Highest Appreciating Sterling Neighborhoods Since 2000

Sterling, CO Real Estate Data

Sterling Housing Market Information

With 14,104 people, 5,081 houses or apartments, and a median cost of homes of $144,461, Sterling real estate values are some of the lowest in Colorado, although compared to real estate around the nation, Sterling homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Sterling, accounting for 61.12% of the city's housing units. Other types of housing that are prevalent in Sterling include mobile homes or trailers ( 13.13%), large apartment complexes or high rise apartments ( 11.43%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.78%).

People in Sterling primarily live in small (one, two or no bedroom) single-family detached homes. Sterling has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Sterling's housing was primarily built during this period, from the '40s through the '60s. A full 39.14% of the city's housing hails from this era. Other housing ages represented in Sterling include homes built between 1970-1999 ( 38.58%) and housing constructed before 1939 ( 18.15%). There's also some housing in Sterling built between 2000 and later ( 4.13%).

Vacant housing appears to be an issue in Sterling. Fully 11.77% of the housing stock is classified as vacant. Left unchecked, vacant Sterling homes and apartments can be a drag on the real estate market, holding Sterling real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Sterling Home Appreciation Rates

In the last 10 years, Sterling has experienced some of the highest home appreciation rates of any community in the nation. Sterling real estate appreciated 21.96% over the last ten years, which is an average annual home appreciation rate of 2.01%, putting Sterling in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Sterling definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Sterling that despite a nationwide downturn in the housing market, Sterling real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sterling appreciation rates continue to be some of the highest in America, at 6.90%, which is higher than appreciation rates in 83.75% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sterling. Sterling appreciation rates in the latest quarter were at 1.31%, which equates to an annual appreciation rate of 5.34%.

Relative to Colorado, our data show that Sterling's latest annual appreciation rate is lower than 50% of the other cities and towns in Colorado.

Average Home Values


Median Home Value:


Value Range
> $1,230,000 0.5
$923,001 - $1,230,000 0.3
$615,001 - $923,000 1.1
$492,001 - $615,000 0.3
$369,001 - $492,000 3.2
$246,001 - $369,000 12.9
$123,001 - $246,000 38.2
$62,001 - $123,000 29.7
$0 - $62,000 13.8

Very Low for CO
Average for Nation

Value Relative to Nation Value Relative to State
53.434443988991 84.7161572052402

Number Of Homes And Apartments:

Rent & Ownership


Average Market Rent:
$779 / per month

Homeownership Rate

Owners 55.83
Renters 44.17
Vacant 11.77

Housing Market Details


Age of Homes

2000 or Newer 4.1
1970 - 1999 38.6
1940 - 1969 39.1
1939 or Older 18.1

Types of Homes

Single-Family 61.1
Townhomes 4.0
Small Apt. Buildings 9.8
Apt. Complexes 11.4
Mobile Homes 13.1
Other 0.5

Home Size

No Bedroom 3.16
1 Bedroom 12.97
2 Bedrooms 36.55
3 Bedrooms 35.42
4 Bedrooms 10.80
5 or more bedrooms 1.09

Sterling Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
48.90% 2.37% 4 6
* 10 is highest

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Zip Codes in Sterling, CO