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Monday, June 23, 2025

Cerro Gordo home prices rise in the second quarter of 2020

Webp realestate4

The median sale price of a home sold in the second quarter of 2020 in Cerro Gordo rose by $33,000 while total sales decreased by 33.3%, according to BlockShopper.com.

From April through June of 2020, there were eight homes sold, with a median sale price of $100,500 - a 48.9% increase over the $67,500 median sale price for the same period of the previous year. There were 12 homes sold in Cerro Gordo in the second quarter of 2019.

The median sales tax in Cerro Gordo for the most recent year with available data, 2017, was $1,683, approximately 1.7% of the median home sale price for the second quarter of 2020.

The following table compares Cerro Gordo to other Piatt County cities in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Monticello39368.3%$165,000$153,7507.3%
Mansfield83166.7%$106,500$137,000-22.3%
Cerro Gordo812-33.3%$100,500$67,50048.9%
Atwood13-66.7%$94,000$91,0003.3%
Hammond110%$79,900$57,00040.2%
Bement56-16.7%$50,000$76,750-34.9%
LaPlace12-50%$5,500$15,500-64.5%
Cisco01-100%$0$9,000-100%
De Land04-100%$0$73,500-100%
White Heath00-$0$0-

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