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Sunday, September 22, 2024

Monticello home prices rise in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Monticello rose by $14,750 while total sales decreased by 29.4%, according to BlockShopper.com.

From April through June of 2019, there were 36 homes sold, with a median sale price of $153,750 - a 10.6% increase over the $139,000 median sale price for the same period of the previous year. There were 51 homes sold in Monticello in the second quarter of 2018.

The median sales tax in Monticello for the most recent year with available data, 2017, was $2,553, approximately 1.7% of the median home sale price for the second quarter of 2019.

The following table compares Monticello to other Piatt County cities in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Monticello3651-29.4%$153,750$139,00010.6%
Mansfield36-50%$137,000$112,00022.3%
Atwood35-40%$91,000$47,00093.6%
Bement611-45.5%$76,750$71,5007.3%
De Land42100%$73,500$85,000-13.5%
Cerro Gordo125140%$67,500$86,000-21.5%
Hammond15-80%$57,000$91,000-37.4%
LaPlace23-33.3%$15,500$20,000-22.5%
Cisco110%$9,000$9,0000%
White Heath01-100%$0$106,500-100%

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