Q2 real estate sales report: Cerro Gordo
From April to June, 5 homes sold in Cerro Gordo for a median price of $86,000. That's 12.2 percent lower than median home sale prices for the second quarter of 2017.
In the second quarter, there were no foreclosures in Cerro Gordo.
Median property tax for homeowners in Cerro Gordo was $2,083.67 in 2016 according to tax data from that year. That means homeowners pay 2.3 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.