Adobe Stock
Adobe Stock
From April through June of 2019, there were 12 homes sold, with a median sale price of $67,500 - a 21.5% decrease over the $86,000 median sale price for the same period of the previous year. There were five homes sold in Cerro Gordo in the second 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 second quarter of 2019.
The following table compares Cerro Gordo to other Piatt County cities in the second quarter of 2019:
| City | Apr. - June 2019 Home Sales | Apr. - June 2018 Home Sales | % change (Total Home Sales) | Apr. - June 2019 Median Sales Price | Apr. - June 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Monticello | 36 | 51 | -29.4% | $153,750 | $139,000 | 10.6% |
| Mansfield | 3 | 6 | -50% | $137,000 | $112,000 | 22.3% |
| Atwood | 3 | 5 | -40% | $91,000 | $47,000 | 93.6% |
| Bement | 6 | 11 | -45.5% | $76,750 | $71,500 | 7.3% |
| De Land | 4 | 2 | 100% | $73,500 | $85,000 | -13.5% |
| Cerro Gordo | 12 | 5 | 140% | $67,500 | $86,000 | -21.5% |
| Hammond | 1 | 5 | -80% | $57,000 | $91,000 | -37.4% |
| LaPlace | 2 | 3 | -33.3% | $15,500 | $20,000 | -22.5% |
| Cisco | 1 | 1 | 0% | $9,000 | $9,000 | 0% |
| White Heath | 0 | 1 | -100% | $0 | $106,500 | -100% |
Alerts Sign-up