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Tuesday, July 29, 2025

Cerro Gordo home prices fall in October 2020

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The median sale price of a home sold in October 2020 in Cerro Gordo fell by $1,000 while total sales increased by 133.3%, according to BlockShopper.com.

In October 2020, there were seven homes sold, with a median sale price of $67,000 - a 1.5% decrease over the $68,000 median sale price for the same period of the previous year. There were three homes sold in Cerro Gordo in October 2019.

The median sales tax in Cerro Gordo for the most recent year with available data, 2017, was $1,683, approximately 2.5% of the median home sale price for October 2020.

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

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Monticello18175.9%$182,500$154,50018.1%
Bement42100%$100,500$68,50046.7%
Hammond10-$80,280$0-
Cerro Gordo73133.3%$67,000$68,000-1.5%
Mansfield30-$50,000$0-
White Heath10-$46,000$0-
Atwood21100%$40,757$47,000-13.3%
Cisco00-$0$0-
De Land01-100%$0$4,000-100%
LaPlace02-100%$0$50,000-100%

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