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Monday, September 23, 2024

Monticello home prices rise in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in Monticello rose by $16,000 while total sales decreased by 26.7%, according to BlockShopper.com.

From January through June of 2019, there were 55 homes sold, with a median sale price of $155,000 - a 11.5% increase over the $139,000 median sale price for the same period of the previous year. There were 75 homes sold in Monticello in the first half of 2018.

The median sales tax in Monticello for the most recent year with available data, 2017, was $2,553, approximately 1.6% of the median home sale price for the first half of 2019.

The following table compares Monticello 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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