Monticello property owners paid a 1.5% effective property tax rate on their homes in the fourth quarter of 2025, exceeding the national rate by over 1.7 times, data from BlockShopper.com show.
The fourth-quarter median sales price for a Monticello home was $230,000, with 32 properties sold during the period. The median tax bill reached $3,523 in 2025, which equals 1.5% of the typical home value assessed for taxes.
Nationally, the average effective property tax rate stood at 0.888% in 2024.
Within Piatt County, De Land, Cisco and Mansfield recorded the highest effective property tax rates among cities.
This article’s property tax calculations use estimated inflation-adjusted home values and 2023 county tax information for 2025. Actual property tax rates may differ slightly from these estimates.
U.S. home values continued to climb in 2025, as the national median hit about $447,000 in June, a 1.13% increase over the prior year, according to Redfin. Data also reveal a wide disparity between supply and demand, with 36% more sellers than buyers—a gap of 508,715 homes. Redfin bases a balanced market on seller and buyer numbers being within 10% of one another.
The table below contrasts De Land and other Piatt County locations by median effective property tax rate, drawing on Q4 2025 sales and property tax data.
| City | Q4 2025 Sales | Q4 2025 Median Price | Median tax 2025 | Effective tax rate |
|---|---|---|---|---|
| De Land | 2 | $60,000 | $1,749 | 2.9% |
| Cisco | 2 | $70,500 | $1,787 | 2.5% |
| Mansfield | 3 | $120,000 | $2,977 | 2.5% |
| Hammond | 5 | $80,000 | $1,853 | 2.3% |
| Cerro Gordo | 14 | $107,500 | $2,296 | 2.1% |
| Monticello | 32 | $230,000 | $3,523 | 1.5% |
| Bement | 7 | $180,000 | $2,244 | 1.2% |
| Atwood | 2 | $165,000 | $1,985 | 1.2% |
