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Monday, June 23, 2025

Monticello home prices fall in the first quarter of 2020

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The median sale price of a home sold in the first quarter of 2020 in Monticello fell by $16,050 while total sales increased by 5.3%, according to BlockShopper.com.

From January through March of 2020, there were 20 homes sold, with a median sale price of $157,950 - a 9.2% decrease over the $174,000 median sale price for the same period of the previous year. There were 19 homes sold in Monticello in the first quarter of 2019.

The median sales tax in Monticello for the most recent year with available data, 2017, was $2,553, approximately 1.6% of the median home sale price for the first quarter of 2020.

The following table compares Monticello to other Piatt County cities in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Monticello20195.3%$157,950$174,000-9.2%
White Heath110%$113,000$115,000-1.7%
Cerro Gordo72250%$77,500$60,50028.1%
Hammond21100%$72,500$13,500437%
Bement35-40%$69,300$25,000177.2%
Mansfield35-40%$67,000$115,000-41.7%
LaPlace20-$37,050$0-
Atwood14-75%$25,101$85,200-70.5%
Cisco01-100%$0$23,000-100%
De Land01-100%$0$45,000-100%

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