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Monday, June 23, 2025

Cerro Gordo home prices rise in May 2020

Webp re 10

The median sale price of a home sold in May 2020 in Cerro Gordo rose by $28,000 while total sales decreased by 57.1%, according to BlockShopper.com.

In May 2020, there were three homes sold, with a median sale price of $82,000 - a 51.9% increase over the $54,000 median sale price for the same period of the previous year. There were seven homes sold in Cerro Gordo in May 2019.

The median sales tax in Cerro Gordo for the most recent year with available data, 2017, was $1,683, approximately 2.1% of the median home sale price for May 2020.

The following table compares Cerro Gordo to other Piatt County cities in May 2020:

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
Monticello916-43.8%$200,000$158,50026.2%
Mansfield21100%$87,450$137,000-36.2%
Cerro Gordo37-57.1%$82,000$54,00051.9%
Hammond10-$79,900$0-
Bement220%$28,500$70,703-59.7%
LaPlace110%$5,500$6,000-8.3%
Cisco01-100%$0$9,000-100%
De Land01-100%$0$79,900-100%
White Heath00-$0$0-
Atwood02-100%$0$52,375-100%

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