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Monday, September 30, 2024

Monticello home prices fall in October 2018

Realestate2

The median sale price of a home sold in October 2018 in Monticello fell by $34,750 while total sales decreased by 55.6%, according to BlockShopper.com.

In October 2018, there were eight homes sold, with a median sale price of $128,500 - a 21.3% decrease over the $163,250 median sale price for the same period of the previous year. There were 18 homes sold in Monticello in October 2017.

The median sales tax in Monticello for the most recent year with available data, 2017, was $2,553.10, approximately 2% of the median home sale price for October 2018.

The following table compares Monticello to other Piatt County cities in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Monticello818-55.6%$128,500$163,250-21.3%
Mansfield10-$115,000$0-
Atwood20-$108,050$0-
Bement56-16.7%$106,000$56,20088.6%
Cisco110%$86,000$38,500123.4%
Hammond10-$71,750$0-
Cerro Gordo10-$60,000$0-
De Land110%$60,000$67,000-10.4%
LaPlace00-$0$0-
White Heath00-$0$0-

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