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These days, finding an affordable place to live in the Mount Sterling area can be challenging. Home prices in Mount Sterling are now at a median cost of $138,898, lower than the Illinois average of $300,242.
The average cost of rent is $770/mo in Mount Sterling, primarily driven by the current value of real estate in the Mount Sterling area. In Mount Sterling, 35.63% of households rent, and 41.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mount Sterling is $4,807 per month. Households that rent pay about 16.01% of their income on rent here. Mount Sterling’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hersman, IL: higher priced homes
- Mound Station, IL: higher priced homes
- Timewell, IL: higher priced homes
- Ripley, IL: equally priced homes
- Cooperstown, IL: higher priced homes
- Versailles, IL: higher priced homes
- Clayton, IL: less expensive homes
- Camden, IL: less expensive homes
- Kellerville, IL: higher priced homes
- Chambersburg, IL: less expensive homes
Cities with Similar Populations
- Amawalk, NY: higher priced homes
- Tannersville, PA: higher priced homes
- Wadley, GA: less expensive homes
- Independence, WI: higher priced homes
- Whetstone, AZ: higher priced homes
- Gleason, TN: equally priced homes
- Garysburg, NC: less expensive homes
- Fairchild AFB, WA: higher priced homes
- Dutton, AL: equally priced homes
- Damascus, VA: higher priced homes
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