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Friday, April 19, 2024

Monticello home prices rise in February 2020

Re 10

The median sale price of a home sold in February 2020 in Monticello rose by $7,000 while total sales increased by 100%, according to BlockShopper.com.

In February 2020, there were 10 homes sold, with a median sale price of $181,000 - a 4% increase over the $174,000 median sale price for the same period of the previous year. There were five homes sold in Monticello in February 2019.

The median sales tax in Monticello for the most recent year with available data, 2017, was $2,553, approximately 1.4% of the median home sale price for February 2020.

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

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Monticello105100%$181,000$174,0004%
Cerro Gordo21100%$87,500$110,000-20.5%
Bement10-$69,300$0-
Mansfield10-$67,000$0-
Hammond110%$38,000$13,500181.5%
LaPlace00-$0$0-
Cisco00-$0$0-
De Land01-100%$0$45,000-100%
White Heath01-100%$0$115,000-100%
Atwood02-100%$0$61,400-100%

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