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Saturday, April 19, 2025

Bement home prices fall in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Bement fell by $8,450 while total sales decreased by 50%, according to BlockShopper.com.

From January through March of 2018, there were four homes sold, with a median sale price of $31,500 - a 21.2% decrease over the $39,950 median sale price for the same period of the previous year. There were eight homes sold in Bement in the first quarter of 2017.

The median sales tax in Bement for the most recent year with available data, 2017, was $1,816.70, approximately 5.8% of the median home sale price for the first quarter of 2018.

The following table compares Bement to other Piatt County cities in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Monticello242114.3%$142,250$139,5002%
Cisco10-$115,500$0-
Hammond51400%$81,000$3,1432477.2%
De Land330%$66,000$115,000-42.6%
Cerro Gordo8560%$59,202$61,500-3.7%
White Heath110%$55,000$87,500-37.1%
Atwood3250%$50,000$31,50058.7%
Mansfield31200%$47,000$140,000-66.4%
LaPlace110%$31,919$80,000-60.1%
Bement48-50%$31,500$39,950-21.2%

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