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Tuesday, June 24, 2025

Monticello home prices rise in the third quarter of 2020

Webp re 6

The median sale price of a home sold in the third quarter of 2020 in Monticello rose by $11,000 while total sales increased by 7.3%, according to BlockShopper.com.

From July through September of 2020, there were 44 homes sold, with a median sale price of $175,000 - a 6.7% increase over the $164,000 median sale price for the same period of the previous year. There were 41 homes sold in Monticello in the third quarter of 2019.

The median sales tax in Monticello for the most recent year with available data, 2017, was $2,553, approximately 1.5% of the median home sale price for the third quarter of 2020.

The following table compares Monticello 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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