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Tuesday, June 24, 2025

Bement home prices fall in the third quarter of 2020

Webp realestate5

The median sale price of a home sold in the third quarter of 2020 in Bement fell by $9,000 while total sales increased by 62.5%, according to BlockShopper.com.

From July through September of 2020, there were 13 homes sold, with a median sale price of $51,000 - a 15% decrease over the $60,000 median sale price for the same period of the previous year. There were eight homes sold in Bement in the third quarter of 2019.

The median sales tax in Bement for the most recent year with available data, 2017, was $1,817, approximately 3.6% of the median home sale price for the third quarter of 2020.

The following table compares Bement to other Piatt County cities in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Monticello44417.3%$175,000$164,0006.7%
Mansfield5425%$113,500$123,000-7.7%
Cerro Gordo812-33.3%$110,000$50,500117.8%
De Land12-50%$108,500$40,500167.9%
Atwood42100%$93,000$26,000257.7%
White Heath110%$80,000$180,000-55.6%
LaPlace12-50%$69,000$81,500-15.3%
Bement13862.5%$51,000$60,000-15%
Hammond25-60%$29,800$70,000-57.4%
Cisco00-$0$0-

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