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Sunday, June 22, 2025

Monticello home prices fall in the second quarter of 2018

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The median sale price of a home sold in the second quarter of 2018 in Monticello fell by $11,050 while total sales increased by 2%, according to BlockShopper.com.

From April through June of 2018, there were 51 homes sold, with a median sale price of $139,000 - a 7.4% decrease over the $150,050 median sale price for the same period of the previous year. There were 50 homes sold in Monticello in the second quarter of 2017.

The median sales tax in Monticello for the most recent year with available data, 2017, was $2,553, approximately 1.8% of the median home sale price for the second quarter of 2018.

The following table compares Monticello to other Piatt County cities in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Monticello51502%$139,000$150,050-7.4%
Mansfield62200%$112,000$82,50035.8%
White Heath110%$106,500$84,00026.8%
Hammond5425%$91,000$35,500156.3%
Cerro Gordo550%$86,000$96,000-10.4%
De Land24-50%$85,000$43,00097.7%
Bement11757.1%$71,500$85,000-15.9%
Atwood51400%$47,000$41,90012.2%
LaPlace31200%$20,000$90,000-77.8%
Cisco12-50%$9,000$47,000-80.9%

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