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Sunday, June 22, 2025

Cerro Gordo home prices rise in August 2018

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The median sale price of a home sold in August 2018 in Cerro Gordo rose by $12,250 while total sales increased by 25%, according to BlockShopper.com.

In August 2018, there were five homes sold, with a median sale price of $65,000 - a 23.2% increase over the $52,750 median sale price for the same period of the previous year. There were four homes sold in Cerro Gordo in August 2017.

The median sales tax in Cerro Gordo for the most recent year with available data, 2017, was $1,683, approximately 2.6% of the median home sale price for August 2018.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Monticello1314-7.1%$159,000$152,5004.3%
Hammond110%$143,000$10,0001330%
White Heath30-$108,000$0-
Mansfield26-66.7%$106,500$139,950-23.9%
De Land21100%$97,750$75,00030.3%
Bement35-40%$75,000$62,00021%
Cerro Gordo5425%$65,000$52,75023.2%
Atwood13-66.7%$12,100$68,000-82.2%
LaPlace10-$9,900$0-
Cisco01-100%$0$45,000-100%

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