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Sunday, June 22, 2025

Cisco home prices fall in 2017

Realestate3

The median sale price of a home sold in 2017 in Cisco fell by $17,000 while total sales decreased by 22.2%, according to BlockShopper.com.

From January through December of 2017, there were seven homes sold, with a median sale price of $45,000 - a 27.4% decrease over the $62,000 median sale price for the previous year. There were nine homes sold in Cisco in 2016.

The median sales tax in Cisco for 2017 was $1,379. In 2016, the median sales tax was $1,285. This marks an increase of 7.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.1%.

The following table compares Cisco to other Piatt County cities in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Monticello15713615.4%$150,000$132,00013.6%
Mansfield1921-9.5%$120,000$123,500-2.8%
White Heath4333.3%$85,750$109,000-21.3%
LaPlace770%$77,500$62,90023.2%
Cerro Gordo2630-13.3%$72,250$69,4504%
De Land12119.1%$68,500$55,00024.5%
Atwood14955.6%$60,000$85,000-29.4%
Bement352540%$57,500$73,000-21.2%
Cisco79-22.2%$45,000$62,000-27.4%
Hammond8714.3%$21,000$44,250-52.5%

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