Home prices
The median home value in Sterling is $303,800. It is about $69,560 (29%) higher in comparison to its surrounding areas.It is about $86,300 (39%) higher compared to the entire nation, and compared to the city of Anchorage it is roughly $11,000 (3%) lower.
Rents
In Sterling the median monthly rent is $951. This is roughly $196 (17%) lower compared to the surrounding areas.It is approximately $111 (10%) lower compared to the entire nation, and in comparison to the city of Anchorage is about $369 (27%) lower.
Nearby places
Funny River
Funny River is Sterling's neighbor to the south. The real estate prices there are significantly less expensive. The median home in Funny River costs $221,900, which works out to $81,900 (36%) lower than Sterling. Rents there are fairly similar. In Funny River the median monthly rent is $950, which is very similar to Sterling.
Ridgeway
Ridgeway is Sterling's neighbor to the west. Real estate prices there are a bit less expensive. The median home in Ridgeway is valued at $257,400, which comes out to $46,400 (18%) lower than Sterling. Its rents are significantly more expensive. The median monthly rent in Ridgeway is $1,564, which works out to $613 (39%) higher than Sterling.
Soldotna
Soldotna is Sterling's neighbor to the west. The real estate prices there are a lot less expensive. The median home in Soldotna is valued at $211,400, which works out to $92,400 (43%) lower than Sterling. Rent there is a bit more expensive. In Soldotna the median rent is $1,019 per month, which comes out to $68 (6%) higher than Sterling.
Kenai
Kenai is approximately 11 miles west from Sterling. Its real estate prices are substantially less expensive. The price of the median home in Kenai is $229,100, which works out to $74,700 (32%) lower than Sterling. Its rents are similar. Kenai's median monthly rent is $950, which is very similar to Sterling.
Kalifornsky
Kalifornsky is roughly 12 miles west of Sterling. Its housing prices are somewhat less expensive. Kalifornsky's median home value is $251,400, which comes out to $52,400 (20%) lower than Sterling. Rent there is somewhat more expensive. The median monthly rent in Kalifornsky is $1,254, which comes out to $303 (24%) higher than Sterling.