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Monticello home prices fall in January 2020

Real Estate

By Metric Media News Service | Feb 7, 2020

Re 5

The median sale price of a home sold in January 2020 in Monticello fell by $54,500 while total sales decreased by 30%, according to BlockShopper.com.

In January 2020, there were seven homes sold, with a median sale price of $130,000 - a 29.5% decrease over the $184,500 median sale price for the same period of the previous year. There were 10 homes sold in Monticello in January 2019.

The median sales tax in Monticello for the most recent year with available data, 2017, was $2,553, approximately 2% of the median home sale price for January 2020.

The following table compares Monticello to other Piatt County cities in January 2020:

City
Jan. 2020 Home Sales
Jan. 2019 Home Sales
% change (Total Home Sales)
Jan. 2020 Median Sales Price
Jan. 2019 Median Sales Price
% change (Median Sales Price)
Monticello
7
10
-30%
$130,000
$184,500
-29.5%
Mansfield
1
3
-66.7%
$104,025
$118,500
-12.2%
Cerro Gordo
2
1
100%
$27,000
$11,000
145.5%
Bement
1
2
-50%
$12,000
$12,066.50
-0.6%
LaPlace
0
0
-
$0
$0
-
Cisco
0
1
-100%
$0
$23,000
-100%
De Land
0
0
-
$0
$0
-
White Heath
0
0
-
$0
$0
-
Hammond
0
0
-
$0
$0
-
Atwood
0
1
-100%
$0
$119,000
-100%

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Piatt County IL Clerk and Recorder

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