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Sunday, September 22, 2024

Cisco home prices fall in the first half of 2019

Realestate4

The median sale price of a home sold in the first half of 2019 in Cisco fell by $46,250 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From January through June of 2019, there were two homes sold, with a median sale price of $16,000 - a 74.3% decrease over the $62,250 median sale price for the same period of the previous year. There were two homes sold in Cisco in the first half of 2018, as well.

The median sales tax in Cisco for the most recent year with available data, 2017, was $1,379, approximately 8.6% of the median home sale price for the first half of 2019.

The following table compares Cisco to other Piatt County cities in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Monticello5575-26.7%$155,000$139,00011.5%
Mansfield89-11.1%$116,750$68,50070.4%
White Heath12-50%$115,000$80,75042.4%
Atwood78-12.5%$91,000$48,50087.6%
De Land550%$73,000$66,00010.6%
Bement1115-26.7%$68,000$48,90039.1%
Cerro Gordo14137.7%$67,500$61,25010.2%
Hammond210-80%$35,250$86,000-59%
Cisco220%$16,000$62,250-74.3%
LaPlace24-50%$15,500$25,959.50-40.3%

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