22 homes sold in Sterling Township in the last year, at a typical $228K
Redfin reports Sterling Township’s sales by ZIP code, so these figures are for ZIP 47118, which takes in Sterling Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for and a shortcut to every site where Sterling Township homes are listed.
Every place Sterling Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Sterling Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 0% of Sterling Township’s sales, at a typical — (year to May 2026)
22 homes sold in the year to September 2026.
About as many homes sell as usual, at 2.3 times the 2016 price
22 sales in the last year, against 29 in 2022 and a low of 11 in 2012. The typical sale went from $101K in 2016 to $228K.
Source: Redfin Data Center, MLS sales; for ZIP 47118, which takes in Sterling Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
Owning the typical Sterling Township home costs about $1,349 a month
Price: Sterling Township’s typical sale, last 12 months. Property tax at Sterling Township’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Sterling Township is affordable on local pay is on Cost of living.
Five things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $228K home, about $1,910 a year.
Taxes vs. neighborsSchools
The schools grade for Sterling Township, from test results, graduation and how much students grow.
Schools in Sterling TownshipTypical commute
The average one-way trip to work for people who live in Sterling Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Paoli and Orleans sell for less a square foot; New Salisbury for far more
The busier markets within 25 miles of Sterling Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Corydon | 45 | $227K | $145 | 20% | 65 |
| Paoli | 35 | $170K | $103 | 15% | 85 |
| Orleans | 31 | $189K | $132 | 16% | 62 |
| New Salisbury | 22 | $270K | $189 | 5% | 134 |
| Sterling Township (ZIP 47118) | 22 | $228K | $139 | 12% | 61 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Sterling Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Sterling Township. People who follow the town see it, and so do people comparing Sterling Township with their own town. No commission, no listing fee.
Questions about buying a home in Sterling Township
What do homes sell for in Sterling Township, IN?
22 homes sold in the year to September 2026 at a typical $228K, $139 a square foot.
Is Sterling Township a buyer’s or seller’s market?
A buyer’s market: 9 homes were for sale in September 2026 and 1 sold, about 9 months of supply. Buyers paid 98% of asking on average.
How much are property taxes in Sterling Township?
About 0.8% of a home’s value a year. On a $228K home that’s near $1,910.
Where can I see homes for sale in Sterling Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Sterling Township’s MLS listings; the search links above open each one filtered to Sterling Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 47118, which takes in Sterling Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).