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Monday, July 28, 2025

Cerro Gordo home prices fall in 2018

Webp realestate5

The median sale price of a home sold in 2018 in Cerro Gordo fell by $7,250 while total sales decreased by 3.8%, according to BlockShopper.com.

From January through December of 2018, there were 25 homes sold, with a median sale price of $65,000 - a 10% decrease over the $72,250 median sale price for the previous year. There were 26 homes sold in Cerro Gordo in 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 2018.

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

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Monticello137157-12.7%$146,000$150,000-2.7%
White Heath6450%$107,250$85,75025.1%
Cisco47-42.9%$100,750$45,000123.9%
Mansfield1419-26.3%$95,287.50$120,000-20.6%
Hammond13862.5%$81,000$21,000285.7%
Bement3135-11.4%$71,500$57,50024.3%
Cerro Gordo2526-3.8%$65,000$72,250-10%
De Land1112-8.3%$60,000$68,500-12.4%
Atwood211450%$51,500$60,000-14.2%
LaPlace57-28.6%$20,000$77,500-74.2%

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