From October through December of 2019, there were six homes sold, with a median sale price of $66,500 - a 33.1% decrease over the $99,453 median sale price for the same period of the previous year. There were four homes sold in Cerro Gordo in the fourth quarter of 2018.
The median sales tax in Cerro Gordo for the most recent year with available data, 2017, was $1,683, approximately 2.5% of the median home sale price for the fourth quarter of 2019.
The following table compares Cerro Gordo to other Piatt County cities in the fourth quarter of 2019:
| City | Oct. - Dec. 2019 Home Sales | Oct. - Dec. 2018 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2019 Median Sales Price | Oct. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Monticello | 36 | 24 | 50% | $157,500 | $147,500 | 6.8% |
| Cisco | 3 | 1 | 200% | $92,000 | $86,000 | 7% |
| White Heath | 1 | 1 | 0% | $90,000 | $128,000 | -29.7% |
| Mansfield | 5 | 2 | 150% | $87,500 | $147,500 | -40.7% |
| Cerro Gordo | 6 | 4 | 50% | $66,500 | $99,452.50 | -33.1% |
| LaPlace | 3 | 0 | - | $60,000 | $0 | - |
| Bement | 5 | 7 | -28.6% | $60,000 | $106,000 | -43.4% |
| Atwood | 7 | 6 | 16.7% | $47,000 | $51,450 | -8.6% |
| De Land | 2 | 3 | -33.3% | $33,000 | $25,000 | 32% |
| Hammond | 1 | 1 | 0% | $15,000 | $71,750 | -79.1% |
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