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From October through December of 2018, there were four homes sold, with a median sale price of $99,453 - a 148% increase over the $40,100 median sale price for the same period of the previous year. There were three homes sold in Cerro Gordo in the fourth quarter of 2017.
The median sales tax in Cerro Gordo for the most recent year with available data, 2017, was $1,683, approximately 1.7% of the median home sale price for the fourth quarter of 2018.
The following table compares Cerro Gordo to other Piatt County cities in the fourth quarter of 2018:
| City | Oct. - Dec. 2018 Home Sales | Oct. - Dec. 2017 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2018 Median Sales Price | Oct. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Monticello | 24 | 37 | -35.1% | $147,500 | $150,000 | -1.7% |
| Mansfield | 2 | 3 | -33.3% | $147,500 | $108,000 | 36.6% |
| White Heath | 1 | 2 | -50% | $128,000 | $96,000 | 33.3% |
| Bement | 7 | 9 | -22.2% | $106,000 | $54,900 | 93.1% |
| Cerro Gordo | 4 | 3 | 33.3% | $99,452.50 | $40,100 | 148% |
| Cisco | 1 | 3 | -66.7% | $86,000 | $75,000 | 14.7% |
| Hammond | 1 | 0 | - | $71,750 | $0 | - |
| Atwood | 6 | 4 | 50% | $51,450 | $65,500 | -21.5% |
| De Land | 3 | 2 | 50% | $25,000 | $82,218.50 | -69.6% |
| LaPlace | 0 | 4 | -100% | $0 | $41,450 | -100% |
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