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Monday, June 23, 2025

Bement home prices fall in the fourth quarter of 2019

Webp re 9

The median sale price of a home sold in the fourth quarter of 2019 in Bement fell by $46,000 while total sales decreased by 28.6%, according to BlockShopper.com.

From October through December of 2019, there were five homes sold, with a median sale price of $60,000 - a 43.4% decrease over the $106,000 median sale price for the same period of the previous year. There were seven homes sold in Bement in the fourth quarter of 2018.

The median sales tax in Bement for the most recent year with available data, 2017, was $1,817, approximately 3% of the median home sale price for the fourth quarter of 2019.

The following table compares Bement to other Piatt County cities in the fourth quarter of 2019:

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Monticello362450%$157,500$147,5006.8%
Cisco31200%$92,000$86,0007%
White Heath110%$90,000$128,000-29.7%
Mansfield52150%$87,500$147,500-40.7%
Cerro Gordo6450%$66,500$99,452.50-33.1%
LaPlace30-$60,000$0-
Bement57-28.6%$60,000$106,000-43.4%
Atwood7616.7%$47,000$51,450-8.6%
De Land23-33.3%$33,000$25,00032%
Hammond110%$15,000$71,750-79.1%

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