In August 2019, there were seven homes sold, with a median sale price of $55,000 - a 15.4% decrease over the $65,000 median sale price for the same period of the previous year. There were five homes sold in Cerro Gordo in August 2018.
The median sales tax in Cerro Gordo for the most recent year with available data, 2017, was $1,683, approximately 3.1% of the median home sale price for August 2019.
The following table compares Cerro Gordo to other Piatt County cities in August 2019:
| City | Aug. 2019 Home Sales | Aug. 2018 Home Sales | % change (Total Home Sales) | Aug. 2019 Median Sales Price | Aug. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Monticello | 16 | 13 | 23.1% | $180,450 | $159,000 | 13.5% |
| Mansfield | 1 | 2 | -50% | $97,000 | $106,500 | -8.9% |
| Hammond | 4 | 1 | 300% | $67,500 | $143,000 | -52.8% |
| Bement | 4 | 3 | 33.3% | $60,000 | $75,000 | -20% |
| Cerro Gordo | 7 | 5 | 40% | $55,000 | $65,000 | -15.4% |
| De Land | 2 | 2 | 0% | $40,500 | $97,750 | -58.6% |
| LaPlace | 0 | 1 | -100% | $0 | $9,900 | -100% |
| Cisco | 0 | 0 | - | $0 | $0 | - |
| White Heath | 0 | 3 | -100% | $0 | $108,000 | -100% |
| Atwood | 0 | 1 | -100% | $0 | $12,100 | -100% |
Alerts Sign-up