From October through December of 2020, there were nine homes sold, with a median sale price of $94,000 - a 41.4% increase over the $66,500 median sale price for the same period of the previous year. There were six homes sold in Cerro Gordo in the fourth quarter of 2019.
The median sales tax in Cerro Gordo for the most recent year with available data, 2019, was $1,792, approximately 1.9% of the median home sale price for the fourth quarter of 2020.
The following table compares Cerro Gordo to other Piatt County cities in the fourth quarter of 2020:
| City | Oct. - Dec. 2020 Home Sales | Oct. - Dec. 2019 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2020 Median Sales Price | Oct. - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Monticello | 32 | 36 | -11.1% | $151,950 | $157,500 | -3.5% |
| Mansfield | 8 | 5 | 60% | $131,348 | $87,500 | 50.1% |
| Cerro Gordo | 9 | 6 | 50% | $94,000 | $66,500 | 41.4% |
| Bement | 10 | 5 | 100% | $84,250 | $60,000 | 40.4% |
| White Heath | 3 | 1 | 200% | $60,000 | $90,000 | -33.3% |
| Atwood | 5 | 7 | -28.6% | $60,000 | $47,000 | 27.7% |
| De Land | 1 | 2 | -50% | $48,000 | $33,000 | 45.5% |
| Hammond | 2 | 1 | 100% | $47,640 | $15,000 | 217.6% |
| Cisco | 0 | 3 | -100% | $0 | $92,000 | -100% |
| LaPlace | 0 | 3 | -100% | $0 | $60,000 | -100% |
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