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Saturday, April 19, 2025

Cerro Gordo home prices fall in March 2018

Realestate2

The median sale price of a home sold in March 2018 in Cerro Gordo fell by $39,750 while total sales increased by 150%, according to BlockShopper.com.

In March 2018, there were five homes sold, with a median sale price of $61,250 - a 39.4% decrease over the $101,000 median sale price for the same period of the previous year. There were two homes sold in Cerro Gordo in March 2017.

The median sales tax in Cerro Gordo for the most recent year with available data, 2017, was $1,683, approximately 2.7% of the median home sale price for March 2018.

The following table compares Cerro Gordo to other Piatt County cities in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Monticello12933.3%$154,500$141,0009.6%
Cisco10-$115,500$0-
Hammond30-$81,000$0-
De Land30-$66,000$0-
Cerro Gordo52150%$61,250$101,000-39.4%
Bement13-66.7%$32,000$82,000-61%
White Heath00-$0$0-
Atwood01-100%$0$30,000-100%
Mansfield00-$0$0-
LaPlace01-100%$0$80,000-100%

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